OFACSanctions / OFACJune 2, 2026

OFAC Removes One or More Persons from the SDN Sanctions List

OFAC has unblocked the property and interests of one or more individuals or entities and removed them from the Specially Designated Nationals (SDN) List. Firms must update their sanctions screening systems promptly to reflect these removals to avoid false positives and unnecessary transaction blocks. This is a routine but operationally important update for any institution running OFAC screening.

What to do

Update your sanctions screening lists and watchlist vendor feeds immediately to reflect the SDN List removals, and document the update in your sanctions compliance log.

Who this affects

Crypto ExchangeCrypto CustodianWallet ProviderMoney Services BusinessPayments CompanyFintech / NeobankBank / Credit UnionTrust CompanyBroker-Dealer / RIA

Does this affect your program?

Pick your institution type for an instant read on whether you're in scope — then see exactly which sections of your own policies this changes.

Source

Read the official publication

This radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.

Related developments

OFAC

OFAC Adds New Names to SDN List, Updates Existing Entry

OFAC has designated one or more individuals or entities to the Specially Designated Nationals (SDN) List, blocking all U.S.-jurisdictional property and prohibiting U.S. persons from transacting with them. An existing SDN entry has also been updated with new identifying information. Crypto firms and fintechs must screen against the updated list immediately, as facilitating transactions with SDNs — including in digital assets — can result in strict-liability civil penalties.

OFAC

OFAC Adds New Individuals or Entities to the SDN Sanctions List

OFAC has designated one or more persons to its Specially Designated Nationals and Blocked Persons (SDN) List, blocking all property and interests in property subject to U.S. jurisdiction and prohibiting U.S. persons from transacting with them. All crypto and fintech firms must screen customers, counterparties, and wallet addresses against the updated SDN List immediately. Failure to block prohibited transactions can result in significant civil and criminal penalties.

OFAC

OFAC Adds New Individuals/Entities to SDN Blocked Persons List

OFAC has designated one or more persons to the Specially Designated Nationals (SDN) List, blocking all U.S.-jurisdictional property and prohibiting U.S. persons from transacting with them. Crypto and fintech firms must screen customers, counterparties, and wallet addresses against the updated SDN List immediately, as facilitating transactions with blocked persons exposes firms to significant civil and criminal liability.

OFAC

OFAC Publishes List of Medical Devices Requiring Special Authorization for North Korea Exports

OFAC has published a list of medical devices that are excluded from the general license permitting certain humanitarian exports to North Korea, meaning these specific items require individual authorization. While narrow in scope, compliance teams at firms handling any trade finance, payments, or cross-border transfers involving North Korea-related humanitarian transactions should be aware of these carve-outs. This is relevant to any institution that processes payments or financing for humanitarian aid programs touching North Korea.

Stay ahead of every rule change

PliOS monitors FinCEN, OCC, OFAC, the SEC and CFTC and tells you which of your policies each new rule affects — with the edit already drafted. Start free.

Run My Free Assessment