OFAC Removes Russia-Related Entity from SDN List
Summary
The US Treasury Department's Office of Foreign Assets Control (OFAC) has removed GLOBE TREKKERS LLC from the Specially Designated Nationals (SDN) List. This action is a designation removal under Executive Order 14024, with a related license issued for the United Arab Emirates.
What changed
OFAC has announced the removal of GLOBE TREKKERS LLC, an entity associated with Russia and located in the United Arab Emirates, from its Specially Designated Nationals (SDN) List. This action, effective March 6, 2026, is a specific designation removal under Executive Order 14024 and is accompanied by License 224100, which pertains to transactions involving the entity in the UAE.
This update signifies that GLOBE TREKKERS LLC and its associated assets are no longer subject to the blocking sanctions imposed by OFAC. Entities that previously had dealings with GLOBE TREKKERS LLC should review their compliance procedures to reflect this delisting. No specific compliance deadline is provided, as this is a removal action, but entities should ensure their internal watchlists and screening processes are updated accordingly.
What to do next
- Update internal sanctions watchlists to remove GLOBE TREKKERS LLC.
- Review any previous transactions or relationships with GLOBE TREKKERS LLC in light of the delisting.
Source document (simplified)
- Specially Designated Nationals List (SDN List)
- Consolidated Sanctions List (Non-SDN Lists)
- Additional Sanctions Lists
- Search OFAC's Sanctions Lists
- Sanctions Programs and Country Information
- Recent Actions
- OFAC License Application Page
- Additional OFAC Resources
- Frequently Asked Questions
- Civil Penalties and Enforcement Information
- OFAC Reporting System
- Selected General Licenses Issued by OFAC
- Contact OFAC
Russia-related Designation Removal
SPECIALLY DESIGNATED NATIONALS LIST UPDATE
The following deletions have been made to OFAC's SDN List:
GLOBE TREKKERS LLC, Salah Al Din Street 131, Dubai, United Arab Emirates; PO Box 32276, M01, Saif Abdulrehman Building, Salahuddin St, Deira, Dubai, United Arab Emirates; Secondary sanctions risk: See Section 11 of Executive Order 14024.; License 224100 (United Arab Emirates); Chamber of Commerce Number 20374 (United Arab Emirates); Economic Register Number (CBLS) 10788984 (United Arab Emirates) [RUSSIA-EO14024].
Unrelated Administrative List Updates:
None
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