PRESS RELEASES U.S. Treasury Expands Syria Nongovernmental Organizations General License November 24, 2021 Amends Syria Sanctions Regulations and Issues Two New FAQs WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) amended the Syrian Sanctions Regulations (SySR) to expand the authorizations for nongovernmental organizations (NGO) […]
Publication of Amended Syria Sanctions Regulations and Related Frequently Asked Questions; Issuance of Venezuela-related General License 8I Release date. 11/24/2021 The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is adopting a final rule amending the Syrian Sanctions Regulations, 31 CFR part 542, to expand an existing authorization related […]
OFAC today designated the following persons: NEMARIAM, Abraha Kassa (a.k.a. KASSA, Abraha; a.k.a. KASSA, Wedi), Eritrea; DOB 15 Jul 1953; POB Eritrea; nationality Eritrea; Gender Male; Passport D000294 (Eritrea) (individual) [ETHIOPIA-EO14046]. W KIDAN, Hagos Ghebrehiwet (a.k.a. WELDEKIDANE, Hagos Ghebrehiwet; a.k.a. WOLDEKIDAN, Hagos Ghebrehiwet), Asmara, Eritrea; DOB 25 Apr 1953; POB […]
As we all kind of expected, the U.S. is keeping sanctions on the Taliban, but taking action to provide humanitarian aid to Afghanistan through General Licenses for the Counter Terrorism program. We’ve got two – General License 14: GENERAL LICENSE NO. 14 Authorizing Humanitarian Activities in Afghanistan (a) Except as […]
President Biden issued a new Executive Order “Imposing Sanctions on Certain Persons with Respect to the Humanitarian and Human Rights Crisis in Ethiopia”. It empowers the Treasury Secretary to sanction the following parties: (a) to be responsible for or complicit in, or to have directly or indirectly engaged or attempted […]
General License 5 is the one that permits dealing in PdVSA’s 8.5% Bond… only on or after a certain date. The new date – in GL 5H – is January 21, 2022. The old date? October 21, 2021 And the corresponding Frequently Asked Question (FAQ) was updated. Links: OFAC Notice […]
Today, OFAC issued the following new Iran General License: OFFICE OF FOREIGN ASSETS CONTROLIranian Transactions and Sanctions Regulations 31 CFR Part 560GENERAL LICENSE M-1Authorizing the Exportation of Certain Graduate Level Educational Services and Software (a) Except as provided in paragraph (c) of this general license, accredited graduate and undergraduate degree-granting […]
OFAC on Friday added the following persons: VASILIEV, Kirill Yurievich (Cyrillic: ВАСИЛЬЕВ, Кирилл Юрьевич) (a.k.a. VASILIEV, Kirill; a.k.a. VASILYEV, Kirill), Russia; DOB 22 Feb 1973; nationality Russia; Gender Male; Tax ID No. 773721109701 (Russia) (individual) [RUSSIA-EO14024]. ZHIROV, Artur Aleksandrovich (Cyrillic: ЖИРОВ, Артур Александрович) (a.k.a. ZHIROV, Artur), Moscow, Russia; DOB 06 […]
Today, President signed a new Belarus sanctions Executive Order. It blocks the assets of the following persons, if so designated by the Secretary of the Treasury, in consultation with the Secretary of State: (i) to be or have been a leader, official, senior executive officer, or member of the board […]
General License 5 authorizes transactions in PdVSA’s 2020 8.5% bond – after a certain date. Version 5G pushes that date out to October 21st. And the relevant Frequently Asked Question (595) was updated to reflect the change. Links: OFAC Notice General License 5G FAQ 595
Mr. Watchlist 