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Sanctions-list deletions and updates

Treasury removes 125 individuals and companies from sanctions lists

The department says the cleanup removes outdated entries and improves identifying details to reduce false matches.

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Analysis

The U.S. Treasury said October 5 that it removed 125 individuals and entities from its sanctions lists and updated 22 entries. The changes are part of a third round of what the department calls sanctions modernization.

Outdated names and mistaken matches

Treasury said the removals included deceased individuals, defunct companies and entries with insufficient identifying information. It said improved identifying details are intended to reduce false matches, which occur when a person or business is incorrectly flagged as a sanctioned party.

OFAC, the Treasury office that administers U.S. sanctions, published the individual deletions and updates in its October 5 recent-actions notice. The changes apply to specified entries; they do not repeal entire sanctions programs.

What remains uncertain

Treasury did not quantify how much the changes would reduce mistaken screening matches. Removal of a name from a list does not establish that earlier sanctioned conduct was lawful.

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