Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism
Blocks Property and Prohibits Transactions With Terrorism Supporters
What it does
Agencies must block property and prohibit transactions with persons who commit, threaten, or support terrorism.
Real-world impact
- Freezes assets of listed foreign persons and related entities within U.S. control.
- Bans U.S. persons from transacting with or providing funds or services to those listed.
- Requires agencies and financial institutions to cooperate and share intelligence on terrorist financing.
Topics
Summary
This order declares a national emergency after recent terrorist attacks and blocks property of foreign persons who commit, threaten, or support terrorism.
It freezes assets and prohibits transactions by U.S. persons with those listed or determined to be associated with terrorism, including donations and services.
It authorizes the Secretary of the Treasury to issue rules, directs all agencies to implement the order, and calls for international cooperation and information sharing to deny terrorists financing.
Questions, answered
Ask questions about this executive order and its implications. Try:
- “What agencies are affected by this order?”
- “How does this order change existing policy?”
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