Specially Designated Nationals List
/ˈspɛʃəli ˈdɛzɪɡneɪtɪd ˈnæʃənəlz lɪst/
Definitions
- (n.) A list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) identifying individuals, entities, and vessels subject to economic sanctions due to involvement in terrorism, narcotics trafficking, or other national security threats.
U.S. companies are prohibited from engaging in transactions with parties on the Specially Designated Nationals List.
Forms
- specially designated nationals list
- specially designated nationals lists
Related terms
See also
Commentary
The term specifically refers to a U.S. sanctions tool; accuracy in naming the agency and scope is key in legal drafting.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.