Prohibited Individuals and Entities
The U.S. government prohibits transactions (such as payments, trade, and exports) by U.S. persons with certain individuals or entities. The U.S. government agencies authorized to administer such programs maintain online lists of these “prohibited parties.”
If you are conducting transactions with other persons, whether individuals or entities and whether in the U.S. or abroad, these restrictions apply to you. Transactions may include:
- Payments for goods or services (cash, check, wire transfer, or other means)
- Contributions and donations of funds, materials or support
- Shipments and trade
When U.S. persons conduct unauthorized transactions with prohibited parties, they risk significant penalties including freezing of assets and ineligibility for federal awards.
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