Statutes, codes, and regulations
Code of Federal Regulations
Title 31 - MONEY AND FINANCE: TREASURYSubtitle B - REGULATIONS RELATING TO MONEY AND FINANCEChapter V - OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURYPart 594 - GLOBAL TERRORISM SANCTIONS REGULATIONS
Subpart C - GENERAL DEFINITIONS
Section 594.320 - Hizballah

31 C.F.R. § 594.320

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Current through September 30, 2024
Section 594.320 - Hizballah

The term Hizballah means:

(a) The entity known as Hizballah and designated by the Secretary of State as a foreign terrorist organization pursuant to section 219 of the Immigration and Nationality Act (8 U.S.C. 1189 ); or
(b) Any person:
(1) The property and interests in property of which are blocked pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.); and
(2) Who is identified on the Specially Designated Nationals and Blocked Persons List (SDN List) maintained by OFAC as an agent, instrumentality, or affiliate of Hizballah.

Note 1 to § 594.320 : The SDN List is accessible through the following page on OFAC's website: www.treasury.gov/sdn. Additional information pertaining to the SDN List can be found in appendix A to this chapter. Persons on the SDN List based on conduct described in § 594.201(a)(8), (10), and (11) are identified by a special reference at the end of their entries on the SDN List-"[SHIELD-ACT]"-in addition to the reference to the regulatory part of this chapter pursuant to which their property and interests in property are blocked. For example, a person whose property and interests in property are blocked pursuant to the Global Terrorism Sanctions Regulations, § 594.201(a)(8), (10), or (11) , and identified on the SDN List will have the program tag "[SDGT]" and "[SHIELD-ACT]". Persons on the SDN List based on conduct described in § 594.201(a)(6) and (7) are identified by a special reference at the end of their entries on the SDN List-"[HIFPAA]"-in addition to the reference to the regulatory part of this chapter pursuant to which their property and interests in property are blocked. For example, a person whose property and interests in property are blocked pursuant to the Global Terrorism Sanctions Regulations, § 594.201(a)(6) or (7) , and identified on the SDN List will have the program tag "[SDGT]" and "[HIFPAA]".

31 C.F.R. §594.320

84 FR 35313, July 23, 2019
84 FR 35313, 7/23/2019