Executive Order 13224
Executive Order 13224 is an executive order signed into law by U.S. President George W. Bush on September 23, 2001 as a response to the September 11, 2001 attacks.
In general terms, the Order provides a means by which to disrupt the financial support network for terrorists and terrorist organizations by authorizing the U.S. government to designate and block the assets of foreign individuals and entities that commit, or pose a significant risk of committing, acts of terrorism. In addition, the Order authorizes the U.S. government to block the assets of individuals and entities that provide support, services, or assistance to, or otherwise associate with, terrorists and terrorist organizations designated under the Order, as well as their subsidiaries, front organizations, agents, and associates.
The Office of Foreign Assets Control ("OFAC") of the U.S. Department of the Treasury administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals against targeted foreign countries, terrorists, international narcotics traffickers, and those engaged in activities related to the proliferation of weapons of mass destruction. It maintains a list of individuals and organizations identified by Executive Order 13224,[1] from the U.S. Department of State website.
[edit] References
- ^ "Executive Order 13224". Office of the Coordinator for Counterterrorism, U.S. Department of State. September 23, 2001. http://www.state.gov/s/ct/rls/other/des/122570.htm.
- Executive Order on Terrorist Financing: Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism, White House, September 24, 2001
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