On December 20, 2017, the United States government issued Executive Order 13818, which targets foreign assets of individuals and entities involved in human rights abuses, corruption, and other illicit activities. This executive order was signed by President Donald Trump and is aimed at blocking the property and interests in property of persons involved in serious human rights abuse and corruption worldwide. The order also targets those who have engaged in activities that undermine the stability of the global financial system, as well as those who have committed human rights abuses or corruption in various parts of the world.
Overview of Executive Order 13818
Executive Order 13818 is a significant development in the U.S. government’s efforts to combat human rights abuses, corruption, and other illicit activities globally. The order is based on the Global Magnitsky Human Rights Accountability Act, which was enacted in 2016 to authorize the President to impose sanctions on individuals and entities responsible for human rights abuses and corruption. The order blocks the property and interests in property of persons listed in the Annex to the order, as well as those who are determined by the Secretary of the Treasury, in consultation with the Secretary of State and the Attorney General, to be responsible for or complicit in human rights abuses or corruption.
Key Provisions of Executive Order 13818
The key provisions of Executive Order 13818 include the blocking of property and interests in property of designated individuals and entities, as well as restrictions on transactions involving these persons. The order also authorizes the Secretary of the Treasury to impose additional sanctions, including the freezing of assets, on individuals and entities that are determined to be involved in human rights abuses or corruption. Furthermore, the order provides for the delegation of authority to the Secretary of the Treasury and other officials to implement the order and to take other actions necessary to carry out its provisions.
| Section | Description |
|---|---|
| Section 1 | Blocks the property and interests in property of persons listed in the Annex to the order |
| Section 2 | Authorizes the Secretary of the Treasury to impose additional sanctions on individuals and entities involved in human rights abuses or corruption |
| Section 3 | Provides for the delegation of authority to the Secretary of the Treasury and other officials to implement the order |
Implementation and Enforcement of Executive Order 13818
The implementation and enforcement of Executive Order 13818 are critical to its effectiveness in combating human rights abuses, corruption, and other illicit activities. The order is implemented and enforced by the U.S. Department of the Treasury, in consultation with the U.S. Department of State and the U.S. Department of Justice. The Treasury Department’s Office of Foreign Assets Control (OFAC) is responsible for administering and enforcing the order, including the designation of individuals and entities for sanctions and the blocking of their property and interests in property.
Designation of Individuals and Entities for Sanctions
The designation of individuals and entities for sanctions under Executive Order 13818 is a critical step in the implementation and enforcement of the order. The Secretary of the Treasury, in consultation with the Secretary of State and the Attorney General, is authorized to designate individuals and entities for sanctions based on their involvement in human rights abuses, corruption, and other illicit activities. The designation of individuals and entities for sanctions is typically made through the publication of a notice in the Federal Register, which includes the names and identifying information of the designated persons.
- The Secretary of the Treasury, in consultation with the Secretary of State and the Attorney General, designates individuals and entities for sanctions
- The designation of individuals and entities for sanctions is typically made through the publication of a notice in the Federal Register
- The notice includes the names and identifying information of the designated persons
What is the purpose of Executive Order 13818?
+The purpose of Executive Order 13818 is to block the property and interests in property of persons involved in serious human rights abuse and corruption worldwide, as well as those who have engaged in activities that undermine the stability of the global financial system.
Who is responsible for implementing and enforcing Executive Order 13818?
+The U.S. Department of the Treasury, in consultation with the U.S. Department of State and the U.S. Department of Justice, is responsible for implementing and enforcing Executive Order 13818.
How are individuals and entities designated for sanctions under Executive Order 13818?
+Individuals and entities are designated for sanctions under Executive Order 13818 by the Secretary of the Treasury, in consultation with the Secretary of State and the Attorney General, based on their involvement in human rights abuses, corruption, and other illicit activities.
