U.S. OFAC imposes second round of sanctions on Hamas-linked officials, financial networks
Targets additional assets in Hamas’s investment portfolio and individuals who are facilitating sanctions evasion by Hamas-affiliated companies
Targets additional assets in Hamas’s investment portfolio and individuals
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today imposed a second round of sanctions on Hamas-linked officials and financial networks following the attacks on Israel.
According to a Treasury release (October 27, 2023), today’s action targets additional assets in Hamas’s investment portfolio and individuals who are facilitating sanctions evasion by Hamas-affiliated companies.
Treasury also released an update to the specially designated nationals list (SDN list).
OFAC previously announced sanctions on October 18, 2023. Read TradeNewsFlash
For more information, contact a professional with KPMG’s Trade & Customs services:
John L. McLoughlin
Luis (Lou) Abad
|Jenna Leigh Glass
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