Blocking Property of Certain Persons Contributing to the Conflict in Somalia
Apr 15, 2010
Signed by: Barack Obama
Signed on: Apr 12, 2010
Published on: Apr 15, 2010
Apr 15, 2010
Signed by: Barack Obama
Signed on: Apr 12, 2010
Published on: Apr 15, 2010
Summary
Freezes the money and property of people who are making the conflict in Somalia worse, including pirates and those who block aid.
What problem does this solve?
The ongoing violence, piracy, and blocking of aid in Somalia pose a major threat to U.S. national security and foreign policy. This order freezes the U.S. assets of individuals and groups responsible, cutting off their financial resources.
What does this order do?
Reference
Text:
Declares a national emergency
States that the conflict, piracy, and violence in Somalia are an unusual and extraordinary threat to the national security of the United States.
Freezes assets of designated persons
Blocks all property and money in the U.S. belonging to people or groups who are contributing to the conflict in Somalia.
Identifies sanctionable activities
Specifies that actions like threatening peace, blocking humanitarian aid, or violating the arms embargo can lead to having assets frozen.
Includes piracy as a sanctionable act
States that acts of piracy or armed robbery at sea off the coast of Somalia are considered threats to the peace and stability of the country.
Allows for sanctions without prior notice
Determines that to be effective, people targeted by these sanctions do not need to be notified before their property is blocked.
Prohibits avoiding sanctions
Makes it illegal for any U.S. person to try to evade or get around the prohibitions in this order.
Who does this affect?
- Individuals and groups involved in the Somalia conflict
- U.S. persons and financial institutions
What is the real world impact?
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Supports international peace efforts
Aims to stop the violence in Somalia by cutting off money to people who threaten peace, block aid, or break the arms embargo, supporting United Nations goals.
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Allows for swift action against threats
Lets the government freeze assets of people involved in the conflict without giving them a heads-up, preventing them from moving their money before the sanctions take effect.
When does this start?
This order becomes effective at 12:01 a.m. eastern daylight time on April 13, 2010.