202304360 Filed 3123; 8:45 am] BILLING CODE 4810ALP DEPARTMENT OF HOMELAND SECURITY Coast Guard 33 CFR Part 165 [Docket Number USCG20230008] RIN 1625AA00 Safety Examples of comprehensive sanctions programs include Burma (Myanmar), Cuba, Iran, Sudan, and Syria.4Examples of non-comprehensive, or selective, programs include Cote dIvoire, Iraq, Libya, North Korea, and Somalia, as well as programs targeting named individuals or entities (such as foreign terrorists found on OFACs list of Specially Designated Nationals and Blocked Persons, or the SDN List).5 The United States has a long history with using sanctions against other countries and entities. the 10/12 Board Law Firms: Be Strategic In Your COVID-19 Guidance [GUIDANCE] On COVID-19 and Business Continuity Plans. The CFR contains important elements of the legal framework for OFACs operations, including licenses. This authorization comes in the form of a license, which allows an individual or entity to engage in certain types of transactions specified by the license.7According to OFAC, [a] license is an authorization from OFAC to engage in a transaction that otherwise would be prohibited.8OFAC issues two different types of licenses: general licenses and specific licenses. 0000021988 00000 n SDNs, creditors and other entities can apply for general licenses from OFAC; and, once a general license has been approved, it is non-specific to the applicant. DATES: GL 36 was 0000002471 00000 n This was recorded before the Paul Carroll no LinkedIn: New OFAC General Licenses for Humanitarian December 23, 2021. In combination with OFACs additional sanctions, BIS also implemented additional export control measures and added 86 identified supporters of the Russian defense sector to the Entity List. *This list has been modified from its original version. While there are no current sanctions against general business activities in Afghanistan, sanctions are instead directed toward specific prominent individuals and entities in the country. However, prior to conducting any transaction that appears to be covered by a general license, it is imperative to ensure that both: (i) the relevant general license is still in effect and has not been revoked or expired; and, (ii) the contemplated transaction clearly and unambiguously falls within the scope of the pre-existing general license. For example, OFAC specific licenses issued under the Non-Proliferation of Weapons of Mass Destructions Sanctions Regulations (NPWMDSR) still require quarterly reports to be made for payments related to the provision of legal services to persons blocked under E.O. For instance, counterterrorism sanctions are authorized by diverse legal authorities, including Executive Order 13224, the Antiterrorism and Effective Death Penalty Act of 1996 (AEDPA), and various sections of the Code of Federal Regulations (CFR).3. CAF America is encouraged to see that changes will be made in the existing sanctions framework to allow for certain humanitarian transactions in support of nongovernmental organizations (NGOs) activities, such as disaster relief, health services, and activities to support democracy, education, environmental protection, and peacebuilding.. OFAC also published several new General Licenses and amended several existing General Licenses to authorize activities that would otherwise be prohibited These sanctions programs are designed to enable the United States to accomplish its national security and foreign policy goals.2 OFAC oversees many sanctions programs, which are organized primarily by subject matter or geographic location. Pursuant to this new directive, OFAC added the following entities to the Specially Designated Nationals and Blocked Persons List (SDN List) as persons operating in the mining and metals sector of the Russian economy: OFAC also published Frequently Asked Questions (FAQs) related to the new Determination one of which defined the term metals and mining sector of the Russian Federation economy to include any act, process, or industry of extracting, at the surface or underground, ores, coal, precious stones, or any other minerals or geological materials in the Russian Federation, or any act of procuring, processing, manufacturing, or refining such geological materials, or transporting them to, from, or within the Russian Federation. While OFAC does not provide standardized forms for most license applications, guidance from OFACs website states that license applications should include all necessary information as required in the application guidelines or the regulations pertaining to the particular embargo program.13 According to 31 CFR 501.801, applications for licenses must include all information specified by relevant instructions and/or forms, and must fully disclose the names of all parties who are concerned with or interested in the proposed transaction. Furthermore, OFAC asks that license applications include a detailed description of the proposed transaction, including the names and addresses of any individuals/companies involved.14 OFAC has issued guidance for NGOs on licensing requirements for sanctions programs concerning Sudan, Burma, Cuba, and Iran. If you have any questions please contact him at 202-280-6370 or ferrari@ferrari-legal.com. . Start Preamble Start Printed Page 13024 AGENCY: Office of Foreign Assets Control, Treasury. WebThe United States Department of the Treasurys Office of Foreign Assets Control (OFAC) has discretion to both specifically license particular transactions, as well as xJx Interviewee: Yes, there are. Andrea M. Gacki, Director, Office of Foreign Assets Control. Through this role, she is responsible for organizational knowledge management and original content creation pertaining to international philanthropy and cross-border giving. However, these FAQs also advised that OFAC will not target persons for sanctions designations pursuant to this new Directive when those persons supply of goods and services to the metals and mining sector of the Russian Federation economy is solely for the safety and care of personnel, protection of human life, prevention of accidents or injuries, maintenance or repair necessary to avoid environmental or other significant damage, or activities related to environmental mitigation or remediation. Pros and cons of common business structures, Tips for choosing a successful acquisition. %PDF-1.4 % The White House also issued a statement stating that beginning March 10, there will be a 200% tariff on Russian aluminum entering the US. OFAC also issued an updated guidance document relating to the price cap policy for Russian crude oil and petroleum, On February 9, 2023, the US Department of the Treasurys Office of Foreign Assets Control (OFAC) issued Syria General License 23, Authorizing Transactions Related to Earthquake Relief Efforts in Syria. General License 23 authorizes transactions related to earthquake relief efforts in Syria that would otherwise be prohibited by the Syrian Sanctions Regulations (SySR) through 12:01 p.m. eastern daylight time, August 8, 2023. These General Licenses go far to allow for more funding to aid the Afghan people, but donors should be careful to assess the risks of giving to Afghanistan even with these new permissions. SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing six general licenses (GLs) issued in the Venezuela Sanctions program: GLs 19, 20, 20A, Grade 10 and 12 level courses are offered by NIOS, Indian National Education Board established in 1989 by the Ministry of Education (MHRD), India. helped me to continue my class without quitting job. I OFAC issues two types of licenses general and specific and all license applications must contain information that is specific type of license being sought. 13224.. 0000001945 00000 n Disclaimer| Site Map| Privacy Policy |Business Development Solutions by FindLaw, part of Thomson Reuters, 2023 Saavedra-Goodwin All Rights Reserved, Disclaimer| Site Map| Privacy Policy |Business Development Solutions by FindLaw, part of Thomson Reuters. 5A, which was updated on October 24, 2019, authorizes various transactions and dealings with Petrleos de Venezuela, S.A. on or after January 22, 2020. 14024) which authorizes OFAC to impose blocking sanctions on any person operating in the metals and mining sector of the Russian Federation economy. Quantum What? No surprise that the OFACs advisors at the State Department received special treatment on that one. Pursuant to this determination, OFAC designated four entities: This determination complements existing provisions for sanctions against those that operate or have operated in the quantum computing, accounting, trust and corporate formation, management consulting, aerospace, marine, electronics, financial services, technology, and defense and related materiel sectors of the Russian economy. Amended General Licenses Amended GLs include the following: GL 6C, Transactions Related to Agricultural Commodities, Medicine, Medical Devices, This relief comes at a difficult time for the country of Afghanistan, as it faces the threat of a public health crisis, drought, and economic collapse. The full article can be foundhere. MBA is a two year master degree program for students who want to gain the confidence to lead boldly and challenge conventional thinking in the global marketplace. As explained by OFAC, [a] general license authorizes a particular type of transaction for a class of persons without the need to apply for a license. For example, General License No. These new regulations consistently contain general license authorizations that allow for payments from unblocked sources for the provision of generally licensed legal services upon the filing of either a letter of intent or an engagement letter evidencing the representation to OFAC, and a corresponding cover letter that sets out certain information required in the regulations. The General License authorizes all transactions involving Afghanistan or its governing institutions that were previously prohibited by Global Terrorism Sanctions Regulations, 31 CFR part 594 (GTSR), the Foreign Terrorist Organizations Sanctions Regulations, 31 CFR part 597 (FTOSR), or Executive Order (E.O.) Previously, the only way the average person could verify if an organization had a valid OFAC license was to know the license number and call OFAC to verify its validity. For example, 31 CFR 595.305 defines a general license as any license or authorization the terms of which are set forth in this part. Specific licenses, defined in 31 CFR 595.312, include any license or authorization not set forth in this part but issued pursuant to this part. The issuance of licenses allows OFAC to fine tune its sanctions programs, ensuring that those transactions consistent with U.S. policy are permitted.11 Executive Orders establishing sanctions programs will often include language authorizing these exceptions. The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 8F, "Authorizing Transactions Related to Energy," General License 13D, "Authorizing Certain Administrative Transactions Prohibited by Directive 4 under Executive Order 14024," General License 60, "Authorizing the Wind The promulgation of the ITSR in 2012 was one of the first instances I can recall where OFAC generally authorized payments from unblocked sources for the provision of legal services to a blocked person pursuant to a separate general license contained within the regulations governing those transactions. He is a Chartered Advisor in Philanthropy (CAP) and certified in Anti-Money Laundering by the Society of Trust and Estate Practitioners (STEP). 0000035657 00000 n Each sanctions program has a unique legal and regulatory framework that establishes the exact parameters of the sanctions. Hj 0 endstream endobj 595 0 obj <>stream The recent tranche of sanctions also targeted Russias military supply chains, including Russian entities that produce carbon fiber and related materials. Issued last November, the Democratic Republic of the Congo Sanctions Regulations (DRCSR) contains general license authorization allowing payments from unblocked sources for the provision of generally licensed legal services with a new twist: no requirement for filing of a letter of intent or an engagement letter. To embed, copy and paste the code into your website or blog: Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: [HOT] Read Latest COVID-19 Guidance, All Aspects [SCHEDULE] Upcoming COVID-19 Webinars & Online Programs, [GUIDANCE] COVID-19 and Force Majeure Considerations, [GUIDANCE] COVID-19 and Employer Liability Issues. This Determination is similar to existing Determinations and other Executive Orders which have authorized OFAC to impose blocking sanctions on persons operating in different sectors of Russias economy including: quantum computing, accounting, trust and corporate formation, management consulting, aerospace, marine, electronics, financial services, technology, and defense and related material sectors of Russia. Dated: August 5, 2019. [FR Doc. 0000021398 00000 n Although limited in some ways to transactions involving the Government of Syria, the existing Rachel Alpert on LinkedIn: Treasury Issues Syria General License 23 To Aid In Developing a conducive digital environment where students can pursue their 10/12 level, degree and post graduate programs from the comfort of their homes even if they are attending a regular course at college/school or working. In the meantime, feel free to look at the Excel Spreadsheet which is available below. 0000027836 00000 n Advocating For Nonprofit Rights Since 2009, Steps You Can Take to Protect Your Organization, What to Do if the Government Knocks on Your Door. One of the areas OFAC has traditionally used their discretion to generally license is the provision of legal services to or on behalf of blocked persons or sanctioned jurisdictions. An array of sanction laws have been enacted that make it a crime for money to go to certain countries (for example, Iran and Syria) and certain organizations (for example, Hamas and al-Qaeda). Humanitarian aid groups often apply for licenses from OFAC so that they are able to provide services to civilians in conflict zones around the world without running afoul of U.S. sanctions law. This was recorded before the Paul Carroll on LinkedIn: New OFAC General Licenses for Humanitarian I strongly 202304360 Filed 3123; 8:45 am] BILLING CODE 4810ALP DEPARTMENT OF HOMELAND SECURITY Coast Guard 33 CFR Part 165 [Docket Number USCG20230008] RIN 1625AA00 Safety Although it does not appear that OFAC has published the Guidance as part of That license was granted under the Global Terrorist Sanctions Regulations and also has no expiration date. Director, Office of Foreign Assets Control. SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added to OFAC's SDN List: HWANG, Kil Su (Korean: ), Congo, Democratic Republic of the; DOB 09 Dec 1973; POB Pyongyang, North Korea; nationality Korea, North; Gender Male; Secondary sanctions risk: North Korea Sanctions SPECIALLY DESIGNATED NATIONALS LIST UPDATE The following individuals have been added to OFAC's SDN List: HWANG, Kil Su (Korean: ), Congo, Democratic Republic of the; DOB 09 Dec 1973; POB Pyongyang, North Korea; nationality Korea, North; Gender Male; Secondary sanctions risk: North Korea Sanctions Digital Forensics. Interviewee: Yes, there are. Weblist of ofac general licenses. DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Alternative Dispute Resolution And Mediation Services. The Only Comprehensive Resource on U.S. Economic Sanctions. Director, Office of Foreign Assets Control. OFAC administers and enforces economic sanctions against countries and individuals, including those persons and entities designated as terrorists. 23, on February 21, 2023, the US Department of the Treasury, Office of Foreign Assets Control (OFAC), issued Guidance on Authorized Transactions Related to Earthquake Relief Efforts in Syria (the Guidance). Emerge as a leading e learning system of international repute where global students can find courses and learn online the popular future education. This was recorded before the Paul Carroll on LinkedIn: New OFAC General Licenses for Humanitarian have discontinued my MBA as I got a sudden job opportunity after Charity & Security Network, a fiscally sponsored project of NEO Philanthropy, Inc. December 23, 2021 Yesterday, the US Office of Foreign Assets Control (OFAC) released a series of six General Licenses for the provision of humanitarian assistance in Afghanistan. Similarly, OFAC used pre-existing E.O. Educational programs for all ages are offered through e learning, beginning from the online ACTION: Publication of web general licenses. 0000028219 00000 n The Office of Foreign Assets Control (OFAC) within the U.S. Department of Treasury is tasked, in part, with ensuring that money from U.S. persons and entities does not fall into the hands of terrorist groups. 1For an overview of the impact of OFACs Russia sanctions, see Press Release, FACT SHEET: Disrupting and Degrading One Year of U.S. Sanctions on Russia and Its Enablers, U.S. DEPT. OFAC broadly states that its licensing determinations are guided by U.S. foreign policy and national security concerns and may involve coordination with other federal agencies, including the U.S. Department of State and the U.S. Department of Commerce.18 One reason that other agencies may be brought in to deliberate a license application involves the content of the application: for instance, if the proposed license involves exports, the Commerce Department may participate in the approval process.19 If the proposed license implicates State Department regulations, such as arms trafficking, then the State Department may also review the license application.20 In its guidance on the Traveler, Carrier, and Remittance Forwarding Service Provider Program (TCRFSP Program), OFAC provides some additional information on the factors it may consider when granting service provider licenses in the context of its Cuban sanctions program. We are particularly pleased to see this move from the US government following the recent passage of UNSCR 2664, co-sponsored by the US and Ireland, which created the conceptual framework for a humanitarian carveout across United Nations sanctions regimes. Our online courses offer unprecedented opportunities for people who would otherwise have limited access to education. Along with this recent issuance, OFAC has published new and amended Frequently Asked Questions (FAQs). Although not a complete list, this database production by OFAC is useful in that it provides the public with a list, albeit incomplete, of companies who currently have valid OFAC licenses. Director, Office of Foreign Assets Control. General License 23 does not authorize importation of petroleum or petroleum products of, On January 17, 2023, the US Department of the Treasurys Office of Foreign Assets Control (OFAC) amended (i) certain Russia-related General Licenses (GLs) and (ii) four Russia-related Frequently Asked Questions (FAQs). Due to the complexities involved in the application process, it is advisable for all SDNs, creditors and other license applicants to seek guidance from an OFAC attorney. recommend Perfect E Learn for any busy professional looking to WebThanks to Ted Hart, ACFRE, CDE, CAP and CAF America for inviting me on their most recent podcast about #OFAC licenses. all property and interests in property of the following persons . DATES: GL 36 was in KSA, UAE, Qatar, Kuwait, Oman and Bahrain. Start Preamble Start Printed Page 13024 AGENCY: Office of Foreign Assets Control, Treasury. This has changed in recent years as a number of OFAC regulations have been re-issued during that time. Are you at risk for a breach of contract. used pre-existing E.O. 560.553a separate general license authorizing payments for services rendered under the general license for legal services from unblocked sources upon the satisfaction of certain conditions. In contrast, a specific license, is a written document issued by OFAC to a particular person or entity, authorizing a particular transaction in response to a written license application. OFAC grants specific licenses, on a case-by-case basis under certain limited situations and conditions.. WebThe exportation of such items or services and the provision, sale, or leasing of such capacity or facilities to Syria or to the Government of Syria or any other person whose property and interests in property are blocked pursuant to 542.201 (a) are prohibited. WebAre there any general licenses for Ukraine-related sanctions? 0000036189 00000 n Our attorneys assist SDNs, creditors and other parties with general and specific license applications and other OFAC matters in South Florida. Traditionally, OFAC required payments made under those types of licenses both (general and specific) to be reported to the Licensing Division on a quarterly basis. OFAC issues two types of licenses general and specific and all license applications must contain information that is specific type of license being sought. The following excerpt from OFAC Licensing Background Briefing by theCounterterrorism and Humanitarian Engagement Projectat Harvard Law School provides a thorough background on OFAC and the licensing process. Dated: August 5, 2019. 0000021961 00000 n The definitions contained in the CFR, however, do not necessarily further clarify the different types of licenses and what purpose they serve. WebGeneral Licenses | OFAC Ukraine-Related Sanctions Program FAQ: General Licenses and Ukraine-Related Sanctions Are there any general licenses for Ukraine-related sanctions? I will be pouring over this Excel spreadsheet for most of the weekend and should have some more insights to post on next week. Dismiss. These General Licenses relate to the U.S. export of agricultural commodities, medicine, medical devices, telecommunications equipment and software, and personal remittances to individuals within Russia. program which is essential for my career growth. provided in . These conditions were also present in similar regulations issued in recent years. Andrea M. Gacki, Director, Office of Foreign Assets Control. If you are interested in seeing the actual database provided by OFAC pursuant to the FOIA request please look here. Agricultural Commodities, Medicine, and Medical Devices (, Official Activities of Certain International Organizations and Other International Entities (, Certain Transactions in Support of Nongovernmental Organizations Activities in Afghanistan (, See a full factsheet on the Afghanistan General Licenses on the OFAC website, If you want to learn more about General Licenses, how they work, and how to design a grantmaking program that complies with all OFAC restrictions in highly-sanctioned countries, read, Insider Blog | Cross-Border & Domestic Giving, The How to? of Domestic Grantmaking (2), The "How to?" General License 13D authorizes U.S. persons, or entities owned or controlled, directly or indirectly, by a U.S. person, to pay taxes, fees, or import duties, and purchase . Photography by Steve Evans, unless otherwise noted. Build a Morning News Brief: Easy, No Clutter, Free! 0000022516 00000 n Perfect E learn helped me a lot and I would strongly recommend this to all.. [FR Doc. Nor does this General License permit financial transactions involving any blocked individual who is in a leadership role of a governing institution in Afghanistan. H\@E~E/EDHL.8F0?m_ Xvb&64S^wb'r^0X7z6_Ye~HO,`ijjrx-;bk=oyg{*>X8L4eEw>)KI=XTq-(H . The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing five general licenses (GLs) issued in the Venezuela Sanctions program: GLs 36, 36A, 37, 38, and 39, each of which was previously made available on OFAC's website. 580 0 obj <> endobj xref 580 44 0000000016 00000 n These General License issuances and amendments included (but were not limited to): (i) the amendment of General License No. 14024 Determinations to impose SDN List designations on the following entities and individuals which OFAC determined to be operators in the Russian electronics sector: OFAC also published several new General Licenses and amended several existing General Licenses to authorize activities that would otherwise be prohibited under these new SDN List designations. OFAC added Aleksandr Yevgenyevich Udodov to the SDN list as he is linked to business dealings with Russian Prime Minister Mikhail Mishustin (already an SDN since April of 2022) and has also been investigated for manipulating value-added tax revenues and money laundering. 0000034657 00000 n Photography by Steve Evans, unless otherwise noted. of International Grantmaking (10), The "How to?" OFAC also used pre-existing E.O. Today, the US Department of the Treasurys Office of Foreign Assets Control (OFAC) released a set of new and updated General Licenses that authorize four types of broad-ranging activities supporting much-needed humanitarian aid and assistance. Whats important to keep in mind in regard to this trend is that while various OFAC sanctions programs have very similar and, in some instances, identical authorizations for the provision of and payment for legal services, they are not all the same. For additional information on that announcement and its implications, see our separate blog post. WebAn OFAC general license authorizes the export and re-exportation from third-party countries of U.S. origin goods from the United States, but only in cases where the transactions are authorized by the Commerce Departments test, which makes it an ideal choice for Indians residing For example, specific licenses issued under the Foreign Narcotics Kingpin Sanctions Regulations (FNKSR) for payments related to the provision of legal services to parties blocked under the Foreign Narcotics Kingpin Designation Act (Kingpin Act) now only require annual reports to made on an annual basis. Indeed, the only conditions 31 C.F.R. General Licenses are broad-sweeping exemptions to sanctions on individuals or entities that fall under the US sanctions regime. Due to the complexities involved in the application process, it is advisable for all SDNs, creditors and other license applicants to seek guidance from an OFAC attorney. . 0000003413 00000 n As the U.S. Department of the Treasury explains, [a] general license authorizes a particular type of transaction for a 23, on February 21, 2023, the US Department of the Treasury, Office of Foreign Assets Control (OFAC), issued Brooks Reed is CAF America's Vice President of Business Development, a role in which he oversees Business Development, Communications, and Content Development. 61 to authorize certain transactions through May 25, 2023 related to the divestment or transfer of debt or equity of or the winding down of derivative contracts issued by certain financial institutions blocked on February 24, 2023. WebThere are two types of OFAC licenses: general and specific. On Friday, February 24, 2023, the US Treasury Departments Office of Foreign Assets Control (OFAC) issued new sanctions against individuals and entities operating in Russia and against those assisting with Russias war efforts in Ukraine. Steve Evans, unless otherwise noted you have any questions please contact him at 202-280-6370 or ferrari @ ferrari-legal.com Guidance... N Each sanctions program has a unique legal and regulatory framework that the! Unless otherwise noted persons and entities designated as terrorists popular future education Business... Regulations issued in recent years as a leading e learning system of international repute where global students can find and... Exact parameters of the legal framework for OFACs operations, including those persons and entities designated as terrorists the Board. Who would otherwise have limited access to education would otherwise have limited access education... ( 2 ), the `` How to? licenses general and.! 00000 n Photography by Steve Evans, unless otherwise noted which authorizes OFAC to impose blocking on! Important elements of the following persons been modified from its original version Business structures, Tips for a. Will Be pouring over this Excel Spreadsheet for most of the sanctions individuals or entities that fall under the sanctions! A leadership role of a governing institution in Afghanistan learning, beginning from the online:! Successful acquisition she is responsible for organizational knowledge management and original content creation pertaining to international philanthropy cross-border. Successful acquisition ages are offered through e learning system of international repute where global students can courses. Bk=Oyg { * > X8L4eEw > ) KI=XTq- ( H please look here framework for operations... E~E/Edhl.8F0? m_ Xvb & 64S^wb ' r^0X7z6_Ye~HO, ` ijjrx- ; bk=oyg { * > X8L4eEw ). Issues two types of licenses general and specific on individuals or entities that under. Continuity Plans for most of the following persons programs for all ages are offered e... Repute where global students can find courses and learn online the popular future education courses offer unprecedented opportunities for who! No surprise that the OFACs advisors at the State Department received special on. Persons and entities designated as terrorists organizational knowledge management and original content creation pertaining to international philanthropy and cross-border.... Ofac issues two types of OFAC licenses: general and specific offer unprecedented opportunities people... Gacki, Director, Office of Foreign Assets Control, Treasury list of ofac general licenses licenses property! That announcement and its implications, see our separate blog post access to education Assets.... Nor does this general license permit financial transactions involving any blocked individual who is in leadership. Find courses and learn online the popular future education and entities designated as terrorists actual! All ages are offered through e learning system of international Grantmaking ( ). ), the `` How to? Board Law Firms: Be Strategic in Your COVID-19 Guidance Guidance! At the State Department received special treatment on that one Excel Spreadsheet which is available below in recent.! `` How to? been re-issued during that time international Grantmaking ( 10 ), the `` How?! Would otherwise have limited access to education ages are offered through e learning system of international Grantmaking 2! Additional information on that one organizational knowledge management and original content creation pertaining to international philanthropy and cross-border.. Ofac issues two types of licenses general and specific and all license applications must contain information that specific... Ofacs operations, including those persons and entities designated as terrorists and individuals, including.. Person operating in the meantime, feel free to look at the Spreadsheet! Implications, see our separate blog post important elements of the weekend and should have some more insights post. 0000034657 00000 n Photography by Steve Evans, unless otherwise noted economic against! Insights to post on next week blog post blocking sanctions on individuals or entities that fall the! Content creation pertaining to international philanthropy and cross-border giving cross-border giving mining sector of sanctions... [ FR Doc international philanthropy and cross-border giving sanctions regime M. Gacki, Director Office. At 202-280-6370 or ferrari @ ferrari-legal.com elements of the legal framework for operations... State Department received special treatment on that one against list of ofac general licenses and individuals, including those and... To the FOIA request please look here Spreadsheet for most of the legal for! Has published new and amended Frequently Asked questions ( FAQs ) Asked questions ( FAQs ) ages. E~E/Edhl.8F0? m_ Xvb & 64S^wb ' r^0X7z6_Ye~HO, ` ijjrx- ; {... And cross-border giving to look at the State Department received special treatment that... Database provided by OFAC pursuant to the FOIA request please look here questions... Next week transactions involving any blocked individual who is in a leadership role of list of ofac general licenses governing institution in.... And enforces economic sanctions against countries and individuals, including those persons and entities designated as.! Business Continuity Plans our online courses offer unprecedented opportunities for people who would otherwise have access... ; bk=oyg { * > X8L4eEw > ) KI=XTq- ( H OFAC regulations have been re-issued that. Received special treatment on that one at risk for a breach of.. Learning system of international Grantmaking ( 2 ), the `` How to? parameters of the framework... A Morning News Brief: Easy, no Clutter, free @ E~E/EDHL.8F0? m_ Xvb & 64S^wb r^0X7z6_Ye~HO... 202-280-6370 or ferrari @ ferrari-legal.com sector of the sanctions and Bahrain n Each sanctions program FAQ: general and.. Of OFAC regulations list of ofac general licenses been re-issued during that time also present in similar regulations issued recent... Applications must contain information that is list of ofac general licenses type of license being sought elements of the weekend and have! Otherwise have limited access to education request please look here i would strongly recommend this to... Including licenses KI=XTq- ( H that one legal framework for OFACs operations, including those persons and designated... By OFAC pursuant to the FOIA request please look here you have any questions please contact him 202-280-6370... New and amended Frequently Asked questions ( FAQs ) the metals and mining sector of the weekend and should some... Evans, unless otherwise noted this general license permit financial transactions involving any blocked who... Covid-19 and Business Continuity Plans and learn online the popular future education property and interests property..., OFAC has published new and amended Frequently Asked questions ( FAQs ) Federation... License permit financial transactions involving any blocked individual who is in a leadership role of a governing in! Operating in the metals and mining sector of the legal framework for OFACs operations, those! Business structures, Tips for choosing a successful acquisition at the State Department special. Broad-Sweeping exemptions to sanctions on individuals or entities that fall under the US sanctions regime the request. At risk for a breach of contract by Steve Evans, unless otherwise noted knowledge management and content... Guidance ] on COVID-19 and Business Continuity Plans was in KSA,,! License permit financial transactions involving any blocked individual who is in a leadership of! Countries and individuals, including those persons and entities designated as terrorists OFAC issues two types of regulations. I would strongly recommend this to all.. [ FR Doc e learn helped me to my. Qatar, Kuwait, Oman and Bahrain Evans, unless otherwise noted OFAC:... You at risk for a breach of contract its original version please contact him 202-280-6370... Administers and enforces economic sanctions against countries and individuals, including those persons and designated! The weekend and should have some more insights to post on next week amended Frequently questions! ` ijjrx- ; bk=oyg { * > X8L4eEw > ) KI=XTq- ( H for..., free helped me to continue my class without quitting job contact at! Please contact him at 202-280-6370 or ferrari @ ferrari-legal.com find courses and learn online the popular future.... Specific type of license being sought offered through e list of ofac general licenses, beginning from the online ACTION Publication! Type of license being sought Guidance ] on COVID-19 and Business Continuity Plans Business Continuity Plans FAQ. 202-280-6370 or ferrari @ ferrari-legal.com offer unprecedented opportunities for people who would otherwise have limited access to education,.... Philanthropy and cross-border giving blocked individual who is in a leadership role of a governing in., feel free to look at the State Department received special treatment on that and! 64S^Wb ' r^0X7z6_Ye~HO, ` ijjrx- ; bk=oyg { * > X8L4eEw > KI=XTq-! Contains important elements of the legal framework for OFACs operations, including licenses online the popular future education offer! Provided by OFAC pursuant to the FOIA request please look here a News. Webgeneral licenses | OFAC Ukraine-Related sanctions program has a unique legal and regulatory framework that establishes the exact parameters the... Recent issuance, OFAC has published new and amended Frequently Asked questions ( FAQs ) programs for all are. Of the Russian Federation economy or ferrari @ ferrari-legal.com contact him at 202-280-6370 or @... Without quitting job KSA, UAE, Qatar, Kuwait, Oman and Bahrain a acquisition... Establishes the exact parameters of the sanctions and cross-border giving n Photography Steve... ) KI=XTq- ( H in the meantime, feel free to look at the State Department received special treatment that. Any person operating in the metals and mining sector of the legal framework for OFACs operations, including.. Operating in the metals and mining sector of the Russian Federation economy parameters the... To? been re-issued during that time new and amended Frequently Asked (... This general license permit financial transactions involving any blocked individual who is in a leadership role of governing. Our online courses offer unprecedented opportunities for people who would otherwise have limited access to education unprecedented opportunities people. Licenses are broad-sweeping exemptions to sanctions on individuals or entities that fall under the US sanctions regime at. And cons of common Business structures, Tips for choosing a successful acquisition 0000022516 00000 n Perfect e learn me!

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