On June 10th, OFAC released updated versions of General Licenses under the Kingpin Act – you can tell by the letter suffixes on the license number:
- General License 1B – Wind Down Activities for Banco Continental
- General License 4B – Individuals and Entities Located Panamanian Mall and Associated Complex
- General License 5A – Panamanian Seizure of Balboa Bank & Trust
- General License 6A – Panamanian Intervention in Balboa Securities Corp.
In conjunction with this, OFAC issued updated Frequently Asked Questions (FAQ).