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Counter Narcotics Designations; Publication of Amendments to the Syria-Related Sanctions Regulations

Release Date
09/24/2025
Recent Actions Body

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing a final rule amending the Syria-Related Sanctions Regulations, 31 CFR Part 569, to, among other things, change the heading of the Syria-Related Sanctions Regulations to the Promoting Accountability for Assad and Regional Stabilization Sanctions Regulations, and to implement Syria-related Executive Order 14142 (issued January 15, 2025) and Syria-related Executive Order 14312 (issued June 30, 2025).

These regulatory amendments are currently available for public inspection with the Federal Register and will take effect upon publication in the Federal Register on September 25, 2025. 

Additionally, OFAC has updated its Specially Designated Nationals and Blocked Persons List.

Specially Designated Nationals List Update

The following individuals have been added to OFAC's SDN List:

SAYYED, Sadiq Abbas Habib (a.k.a. "ACOSTA, Jonathan"; a.k.a. "SHARMA, Rakesh"), India; DOB 08 Dec 1985; POB India; nationality India; citizen India; Gender Male; Digital Currency Address - TRX TDFtJtyLPgN3oWUoHh23oJox3T5V5nR11K (individual) [ILLICIT-DRUGS-EO14059].

SHAIKH, Khizar Mohammad Iqbal, India; DOB 07 Jul 1991; POB Mumbai, India; nationality India; citizen India; Gender Male (individual) [ILLICIT-DRUGS-EO14059].

The following entity has been added to OFAC's SDN List:

KS INTERNATIONAL TRADERS (a.k.a. "KS PHARMACY"), Mumbai, Maharashtra 400095, India; Website www.ksinternationalpharmacy.com; Organization Established Date 27 Dec 2022; Tax ID No. 27AAZFK8713F2ZQ (India) [ILLICIT-DRUGS-EO14059] (Linked To: SHAIKH, Khizar Mohammad Iqbal).


Unrelated Administrative List Changes:

None