OFAC Removes 2 Sudanese Entities from SDN List
On February 1, 2012, the Office of Foreign Assets Control removed two Sudanese entities from its Specially Designated Nationals list. SDNs are (i) individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries or…
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(ii) individuals, groups, and entities, such as terrorists and narcotics traffickers designated under programs that are not country-specific. The assets of listed SDNs are blocked and U.S. persons are generally prohibited from dealing with them. The following two deletions have been made to OFAC's SDN list: (1) PEOPLE'S CO-OPERATIVE BANK, [SUDAN] and (2) UNITY BANK, [SUDAN]. OFAC notice (dated 02/01/2012) available here.