COMERCIAL IBEROAMERICANA, S.A. has been added to the SDN list under the Entity sanctions program. This means U.S. persons are prohibited from engaging in any transactions with this entity. All assets belonging to COMERCIAL IBEROAMERICANA, S.A. in the U.S. are frozen.
•COMERCIAL IBEROAMERICANA, S.A. added to the SDN list.
•Sanctions are under the Entity program.
•U.S. persons cannot transact with this entity.
•All assets in the U.S. are frozen.
•OFAC listing typically cuts off normal business with U.S. entities immediately.
Why This Matters
U.S. persons must cease all transactions with COMERCIAL IBEROAMERICANA, S.A. and ensure compliance with asset freezes. This could limit the company's ability to operate.