This I hadn't heard about before, a no buy list in the US. Surely you mean a no fly list - CAPPSII, Secure Flight etc. Nope, a no buy list.
" The so-called "Bad Guy List" is hardly a secret. The U.S. Treasury's Office of Foreign Assets Control maintains its "Specially Designated Nationals and Blocked Persons List" to be easily accessible on its public Web site.
Wanna see it? Sure you do. Just key OFAC into your Web browser, and you'll find the 224-page document of the names of individuals, organizations, corporations and Web sites the feds suspect of terrorist or criminal activities and associations...
The Bad Guy List's relevance to the average American consumer? What's not widely known about it is that by federal law, sellers are supposed to check it even in the most common and mundane marketplace transactions.
"The OFAC requirements apply to all U.S. citizens. The law prohibits anyone, not just car dealers, from doing business with anyone whose name appears on the Office of Foreign Assets Control's Specially Designated Nationals list," says Thomas B. Hudson, senior partner at Hudson Cook LLP...
Compliance is also a big problem. Think eBay sellers are checking the list for auction winners? Or that the supermarket checkout person is thanking you by name while scanning a copy of The List under the counter? Not likely.
Even most car dealerships come up short on compliance, despite harsh penalties that include 30 years in jail and fines up to $10 million against corporations, and $5 million against individuals, and civil penalties of up to $1 million per incident. "Laws like this that are so ridiculous that no one obeys them do nothing to inspire respect in our legal system," says Hudson."