OFAC updated 4 Frequently Asked Questions (FAQs) today about the Trade Sanctions Reform and Export Enhancement Act, or TSRA: 97. What format options are permitted for submitting license applications pursuant to the Trade Sanctions Reform and Export Enhancement Act of 2000 (TSRA)? Answer OFAC permits two format options for submitting TSRA […]
Yesterday, OFAC added the following 2 entities: MYANMA ECONOMIC HOLDINGS PUBLIC COMPANY LIMITED (a.k.a. MYANMAR ECONOMIC HOLDING LIMITED; a.k.a. “MEHL”), 51*Mahabandoola Road 189/191, Botataung, Rangoon 11161, Burma; Registration Number 156387282 (Burma) [BURMA-EO14014]. MYANMAR ECONOMIC CORPORATION LIMITED (a.k.a. MYANMAR ECONOMIC CORPORATION; a.k.a. “MEC”), Corner of Ahlone Road & Kannar Road, Ahlone Township, […]
Revocation of License Granted for Dan Gertler PRESS STATEMENT NED PRICE, DEPARTMENT SPOKESPERSON MARCH 8, 2021 Share Today, the Department of the Treasury, in consultation with the Department of State, revoked the license that was issued to Specially Designated National Dan Gertler on January 15, 2021. The license previously granted […]
Today, OFAC added the following persons: AL-HAMZI, Ahmad (Arabic: أحمد الحمزي) (a.k.a. AL-HAMZI, Ahmad ‘Ali; a.k.a. AL-HAMZI, Ahmad ‘Ali Ahsan; a.k.a. AL-HAMZI, Ahmed Ali; a.k.a. “AL-HAMZI, Muti’”), Yemen; DOB 1985; POB Sanaa al-Hamzat, Yemen; nationality Yemen; Gender Male; Commander of the Houthi Air Force (individual) [YEMEN]. AL-SA’ADI, Mansur (a.k.a. AL SAADI, […]
On Tuesday, OFAC revoked Counter Terrorism General Licenses 9 (Official US Government Business), 10 (Official International Organization Activities), 11 (Support of NGO Activities in Yemen), 12 (Export/Re-export of Agricultural Commodities, Medicine, Medical Devices, Replacement Parts and Components or Software Updates) and 13 (Transactions involving Ansrallah). Along with that, FAQs 875, […]
OFFICE OF FOREIGN ASSETS CONTROL Venezuela Sanctions Regulations 31 C.F.R. Part 591 GENERAL LICENSE NO. 30A Authorizing Certain Transactions Necessary to Port and Airport Operations (a) Except as provided in paragraph (c) of this general license, all transactions and activities involving the Government of Venezuela prohibited by Executive Order (E.O.) […]
Communist Chinese Military Companies General License 1A replaces General License 1. It extends the deadline for being able to skip over non-exact matches until May 27th, and keeps the fact that you have to match the names in the NS-CCMC list – and even explicitly names the 4 names that […]
OFAC issued Counter Terrorism General License 13, which authorizes transactions with Ansrallah until February 26th, but doesn’t permit transactions otherwise barred under the various counter-terror regulations, other SDNs, or transactions which involved already-blocked property. And they updated Frequently Asked Question (FAQ) 876 to include references to the new General License. […]
Today, on January 19th, the U.S. Department of State designated Ansarallah as a Foreign Terrorist Organization under section 219 of the Immigration and Nationality Act, as amended, and as a Specially Designated Global Terrorist under Executive Order (E.O.) 13224, as amended and have been added to the Specially Designated Nationals […]
So, as announced on the White House website on Thursday (I still have not received an email from OFAC – I just decided to check if it had shown up on the Recent Actions page), there is a new Executive Order that amends Executive Order 13959. It basically makes a […]
