( May 28, 2026, 17:30 GMT | Official Statement) -- MLex Summary: The US Treasury Department's Office of Foreign Assets Control (OFAC) removed sanctions on 76 outdated targets as part of its ongoing sanctions modernization initiative. OFAC identified 76 outdated sanctions list entries for removal, including deceased individuals, scrapped or decommissioned vessels, persons designated as part of illicit financial networks that no longer exist, and individuals designated more than 10 years ago who lack sufficient identifiers for continued screening and do not appear to pose an ongoing threat, Treasury said. Statement follows below:...
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