US Imposes Sanctions on Individuals Undermining Peace and Stability in West Bank
Executive Order Targets Threats to Regional Security
The Israel News Network has learned that US President has signed a new Executive Order imposing sanctions on individuals deemed to be involved in activities threatening regional security in the West Bank. The order, dubbed “Imposing Certain Sanctions on Persons Undermining Peace, Security, and Stability in the West Bank,” aims to promote peace and stability in the region.
Treasury Department’s Financial Crimes Enforcement Network (FinCEN) Issues Advisory
In conjunction with the executive order, the US Department of the Treasury’s FinCEN has published an advisory alerting financial institutions to potential risks associated with transactions involving these individuals. The advisory is intended to help financial institutions identify and report suspicious activities that may be linked to these sanctions.
Office of Foreign Assets Control (OFAC) Updates Specially Designated Nationals and Blocked Persons List
The OFAC, which enforces economic sanctions against foreign persons and entities deemed to be posing a risk to national security or foreign policy interests, has updated its Specially Designated Nationals and Blocked Persons List. The latest update includes the addition of four Israeli nationals:
- David Chai
- Yinon Levi
- Einan Tanjil
- Shalom Zicherman
According to OFAC records, these individuals are believed to be involved in activities that undermine peace and stability in the West Bank.
Consequences of Addition to SDN List
The addition of these names to the SDN List means that US persons and entities are now prohibited from engaging in any transactions with them, and that their assets may be frozen. This move is seen as a significant step in efforts to curb violence and promote peace in the region.
No Changes to Unrelated Administrative List
In an unrelated administrative update, no changes were made to the Unrelated Administrative List.