Denied Party Digest

Valuable information about denied party screening

Know Your Sanctions Lists - Sectoral Sanctions Identifications (SSI) List

This is the eighth post in a series of twelve covering the lists that make up the U.S. Government's Consolidated Screening ListECScreening includes access to the Consolidated Screening List as well as other sanctions lists and crucial value-adding features such as Recurring Searches, Search History, and Country Alerts.

The Sectoral Sanctions Identifications List

The Sectoral Sanctions Identifications List (SSI List) is administered by the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC).  It identifies persons operating in sectors of the Russian economy that are subject to sanctions under Executive Order 13662.  These sectors range from finance to petrochemicals to aerospace.  The SSI List is not included within the Specially Designated Nationals (SDN) List, but the lists may overlap.

The sanctions imposed on members of the SSI list include prohibitions on specific kinds of financial transactions involving or for the benefit of those persons.  As detailed in OFAC FAQs, this includes “named persons, their property, and their interests in property, which includes entities owned 50 percent or more by one or more persons identified as subject to the Directives.”

Such transactions are prohibited unless licensed by OFAC.  If you have a hit on the SSI list, OFAC directives should be reviewed closely for any potentially prohibited transaction.


Previous Posts in this Series:

Part 1: The Entity List

Part 2: The SDN List

Part 3: The Unverified List

Part 4: The Denied Person List (Commerce)

Part 5: Non Proliferation Sanctions

Part 6: AECA Debarred List

Part 7: The Foreign Sanctions Evaders List