Select Page

The Office of Foreign Assets Control (OFAC) is replacing the List of Foreign Financial Institutions Subject to Part 561 (the “Part 561 List”) with the List of Foreign Financial Institutions Subject to Correspondent Account or Payable-Through Account Sanctions (the “CAPTA List”). The CAPTA List is not part of the Specially Designated Nationals (SDN) List, information found in the CAPTA List is included in the Consolidated Sanctions List.

The CAPTA List provides information about specific foreign financial institutions where it is prohibitive to open or maintain an account or a payable-through account in the US. OFAC has issued amendments to the Iranian Financial Sanctions Regulations to replace the references to the Part 561 List with the CAPTA List.

Full OFAC Release: https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20190314.aspx