Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism
Headline: 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.
- 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.
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.
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