Sanctions on PLO/PA for Terror Payments Accountability Act
This law imposes strict financial and visa sanctions on the Palestine Liberation Organization (PLO), the Palestinian Authority (PA), and associated individuals and entities that maintain a system of payments to terrorists and their families. The goal is to force these organizations to stop funding acts of terror, directly impacting US foreign policy and international security. US citizens should note that their financial institutions must comply with new, strict rules regarding transactions with these sanctioned entities.
Key points
Asset Freezing: Property and assets in the US or under the control of US persons belonging to individuals and entities involved in the terror payment system will be blocked.
Visa Bans: Individuals involved in facilitating terror payments will be ineligible for US visas, admission, or parole, and any existing visas will be immediately revoked.
Bank Penalties: Foreign financial institutions that knowingly facilitate these payments will face restrictions on accessing the US banking system (correspondent accounts).
Expired
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