And you thought 4F was bad…

On Thursday, OFAC replaced Kingpin sanctions General License 4F with 4G. Still covers transactions with the Panamanian Mall and the Soho Mall Panama, but the new expiration date is June 15th. Again, it permits wind down operations and financial services for non-designated persons located at the complexes prior to May 5, 2016, as well as building maintenance and management services.

Note: For those too young to remember, or those not from the US, “4F” was the designation for those basically unfit for military service. Had I been eligible, my flat feet and eyesight would likely have made me a 4F.

Links:

OFAC Notice

General License 4G

Updated FAQ

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