The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) removed 84 individuals and entities from its sanctions lists and updated 22 entries to improve compliance. These actions align with Secretary Scott Bessent’s sanctions modernization initiative, which aims to ensure U.S. sanctions remain targeted and effective. Removed entries include deceased individuals, defunct entities, and targets sanctioned over 20 years ago, some lacking sufficient identifying information. OFAC conducted interagency reviews to confirm removals would not harm national security or foreign policy interests. The modernization effort also addresses duplicate entries, resolving 18 sets by removing redundant listings. A new Reconsideration Portal, launched June 29, 2026, streamlines delisting requests by allowing petitioners to submit information for removal or updates. OFAC emphasized improving identifying details, such as birth dates and nationalities, to ease compliance screening for financial institutions.
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