The phrase 'sanctioned entity' is correct and usable in written English.
You can use it to refer to a person, organization, or country that is recognized officially as having certain rights or privileges. For example: China is a sanctioned entity in the United Nations, and holds veto power in the Security Council.
American companies must insure that they are not receiving funds that originated with any sanctioned entity.
Every member of the Sogaz board, including Alexey Miller, the boss of Gazprom, is affiliated with a sanctioned entity.
According to Erich Ferrari, the lawyer who specializes in sanctions, companies that learn of a possible sanctions violation typically commission a "look-back" investigation that "reviews all payments you received, to make sure they didn't originate with a sanctioned entity".
Hoey said it was a stakeholder in one of the shareholders in Marange miner Mbada Diamonds "and was therefore effectively in a joint venture with a sanctioned entity – the Zimbabwe Mining Development Corporation [ZMDC].
Col Rugayi, who is loyal to former Rwandan-backed North Kivu governor Eugene Serufuli, one of the founders of the sanctioned entity Tous pour la Paix et le Developpement (TPD), is also reported by three FARDC officers, interviewed by the Group to have taken charge most of the heavier weapons controlled by the predominately Hutu PARECO Mai Mai before their fighters were integrated into the FARDC.
China has yet to sufficiently crack down on the Chinese firms that still do business with Iran's sanctioned entities.
If he is named National Coach of the Year by various sanctioned entities such as the Associated Press or the Walter Camp Football Foundation, he gets $50,000.
The US authorities said RBS employees in payment processing centres in Britain had received written instructions on creating payment messages involving sanctioned entities.
It also routed the payments to conceal the connection to sanctioned countries, amended messages to remove information that identified sanctioned entities, and used a less transparent method of payment messages.
"For more than a decade, ING Bank helped provide state sponsors of terror and other sanctioned entities with access to the U.S. financial system, allowing them to move billions of dollars through U.S. banks for illicit purchases and other activities," Lisa Monaco, the assistant attorney general for national security, said in a statement.
"Ms Lynch negotiated a slap-on-the-wrist Deferred Prosecution Agreement with megabank HSBC despite their admission that they laundered money on behalf of Mexican drug cartels, terrorist organizations and other sanctioned entities like Iran," Senator David Vitter said, in a statement opposing her nomination.
