Annual new listings increased from 880 in 2017 to more than 3,000 in 2024, Treasury said. However, "Sanctions are not intended to be eternal," a senior Treasury official told reporters.

The US Treasury is removing about 80 outdated names from its SDN sanctions list as part of a formal review to sharpen OFAC's enforcement focus.

The US Treasury removed 80 outdated entries from the SDN sanctions list, targeting deceased individuals and defunct entities to reduce compliance burdens.