Category Archives: Licenses
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OFAC clarifies what the Palestinian Authority is…
Leave a commentMay 15, 2013 by eric9to5
OFAC has issued General License 7a under its terrorism sanctions program in light of the resignation of the Palestinian Authority's …
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New General License for OFAC Zimbabwe Program
Leave a commentApril 25, 2013 by eric9to5
On Wednesday, OFAC issued General License No. 1 for the Zimbabwe sanctions program. It authorizes transactions with the Agricultural Development …
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Beavers in Oregon are crying (but they don’t vote)!
Leave a commentApril 22, 2013 by eric9to5
On Friday (sorry, Mr. Watchlist was en route to the airport), OFAC issued a notice about a new online method …
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HMT Updates Syrian Sanctions
Leave a commentApril 17, 2013 by eric9to5
Her Majesty's Treasury, on the back of the EU's Council Implementing Regulation (EU) No 325/2013, which amends Council Regulation (EU) …
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April 15, 2013: New OFAC Sudan General License
Leave a commentApril 15, 2013 by eric9to5
Today, OFAC issued its first General License for the Sudanese sanctions program. It permits 3 exceptions to the sanctions regime: …
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OFAC updates list of licensed service providers
Leave a commentMarch 22, 2013 by eric9to5
In order to provide certain services to Cuba, you need to be specifically licensed by OFAC. The list of licensed …
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OFAC issues General License No. 16 for Syria
Leave a commentMarch 15, 2013 by eric9to5
The new General License permits services, including funds transfers, to the National Coalition of Syrian Revolutionary and Opposition Forces (i.e. …
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Changes to OFAC Burma sanctions
Leave a commentFebruary 25, 2013 by eric9to5
Two changes on Friday to the OFAC Burma sanctions. First, two branches of Ayeyarwady Bank were added to the sanctions …
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OFAC issues its quarterly TSRA licensing report for 4Q 2012
Leave a commentJanuary 23, 2013 by eric9to5
Section 906 of the Trade Sanction Reform and Export Enhancement Act of 2000 (aka “TSRA”) permits the licensing of exports …
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OFAC revokes General License 7 for the WMD Sanctions program
Leave a commentJanuary 18, 2013 by eric9to5
General License 7 was one of those licenses pertaining to the arrest, detention & judicial sale of a seized vessel. …
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