Frequently Asked Questions

895. What prohibitions apply to persons designated solely pursuant to the Protecting Europe’s Energy Security Act of 2019, 22 U.S.C. 9526 note, as amended (PEESA)?

Answer

Persons sanctioned solely pursuant to PEESA are placed on the Non-SDN Menu-Based Sanctions List with the “[PEESA Information: Property and Interests in Property Blocked, Except Importation of Goods]” identifier, which indicates that such persons’ property and interests in property are blocked, except for the importation of goods, pursuant to section 7503(e)(5) of PEESA.  Any entity owned 50 percent or more, individually or in the aggregate, directly or indirectly, by persons blocked solely pursuant to PEESA is itself blocked, as described in OFAC’s 50 Percent Rule, except for the importation of goods.

Persons designated under both PEESA and another blocking authority that is not subject to an exception relating to the importation of goods will appear on OFAC’s List of Specially Designated Nationals and Blocked Persons (SDN List).  The property and interests in property of persons on the SDN List are blocked and any entity owned 50 percent or more, individually or in the aggregate, directly or indirectly, by one or more blocked persons is itself blocked, as described in OFAC’s 50 Percent Rule (see FAQs 398-402).

Date Released
May 21, 2021