list of ofac general licenses

at a difficult time for the country of Afghanistan, as it faces the threat of a public health crisis, drought, and economic collapse. For a full discussion of the export control and Entity List additions see our separate blog post. But, our concern was whether she could join the universities of our preference in abroad. Alternative Dispute Resolution And Mediation Services. Examples of comprehensive sanctions programs include Burma (Myanmar), Cuba, Iran, Sudan, and Syria.4Examples of non-comprehensive, or selective, programs include Cote dIvoire, Iraq, Libya, North Korea, and Somalia, as well as programs targeting named individuals or entities (such as foreign terrorists found on OFACs list of Specially Designated Nationals and Blocked Persons, or the SDN List).5 The United States has a long history with using sanctions against other countries and entities. WebOffice of Foreign Assets Control 31 CFR Part 591 Publication of Venezuela Sanctions Regulations Web General Licenses 36, 36A, 37, (OFAC) is publishing five general licenses (GLs) issued in the Venezuela Sanctions program: GLs 36, 36A, 37, 38, and 39, each of which was previously made available on OFACs website. Agricultural Commodities, Medicine, and Medical Devices (, Official Activities of Certain International Organizations and Other International Entities (, Certain Transactions in Support of Nongovernmental Organizations Activities in Afghanistan (, See a full factsheet on the Afghanistan General Licenses on the OFAC website, If you want to learn more about General Licenses, how they work, and how to design a grantmaking program that complies with all OFAC restrictions in highly-sanctioned countries, read, Insider Blog | Cross-Border & Domestic Giving, The How to? of Domestic Grantmaking (2), The "How to?" 0000027836 00000 n WebAre there any general licenses for Ukraine-related sanctions? Call Us At (954) 767-6333. 0000022436 00000 n Andrea M. Gacki, Director, Office of Foreign Assets Control. This was recorded before the Paul Carroll no LinkedIn: New OFAC General Licenses for Humanitarian Law Firms: Be Strategic In Your COVID-19 Guidance [GUIDANCE] On COVID-19 and Business Continuity Plans. She is a leading expert in international grantmaking from the U.S. and Canada as well as in local country laws on foreign funding. M_;C}EZrB"F${#4eq3mI4\/X|L@# XruR {WzGc d>dx%o%fjn,Vvoy{"i )u (@!%d%@B x@ hHk XD O8xo0]`{mPp}`lC]x'08k07x|AAkFA,"|=>f{nvO~! OFAC issued a new Determination pursuant to Executive Order 14024 (E.O. program which is essential for my career growth. By issuing General License J-1, OFAC has started to provide its answer, as this particular For instance, just because you dont need a license to receive payment from a party designated under E.O. test, which makes it an ideal choice for Indians residing All the courses are of global standards and recognized by competent authorities, thus These General Licenses go far to allow for more funding to aid the Afghan people, but donors should be careful to assess the risks of giving to Afghanistan even with these new permissions. OFAC largely has the authority to issue specific licenses upon application; however, various statutes limit the agencys licensing authority in specific circumstances. .12. On February 24, 2023, the one-year anniversary of Russias invasion of Ukraine, the Department of the Treasurys Office of Foreign Assets Control (OFAC) announced the imposition of additional sanctions targeting multiple sectors of the Russian economy, with the aim of further diminishing Russias ability to continue its war against Ukraine and to procure the resources to support it.1. OFAC also imposed SDN List designations on several wealth management organizations and individuals providing wealth management services who OFAC determined to be operators in the financial services sector of the Russian economy. https://home.treasury.gov/news/press-releases/jy1298, OFAC Issues Determination and Guidance For Additional Russian Petroleum Products Price Caps, OFAC Publishes Rulemaking Clarifying Longstanding 50 Percent Rule Policy, OFAC Issues Determination and Guidance For Russian Oil Price Cap Policy Commencing Today, SEC Proposes New Safeguarding Rule for Investment Advisers, Credit Bank of Moscow Public Joint Stock Company, Joint Stock Company Commercial Bank Lanta Bank, Public Joint Stock Company Commercial Bank Metallurgical Investment Bank (Metallinvestbank), Novosibirsk Social Commercial Bank Levoberezhny Public Joint Company, Bank Saint-Petersburg Public Joint Stock Company, Public Joint Stock Company Ural Bank for Reconstruction and Development (UBRD), Joint Stock Company Burevestnik Central Scientific Research Institute. 0000027594 00000 n ACTION: Publication of web general licenses. For instance, counterterrorism sanctions are authorized by diverse legal authorities, including Executive Order 13224, the Antiterrorism and Effective Death Penalty Act of 1996 (AEDPA), and various sections of the Code of Federal Regulations (CFR).3. Those entities include: OFAC also designated OOO Zenit Finance, OOO Zenit Leasing, and OOO Zenit Factoring MSP as SDNs for being owned or controlled by or acting on behalf of Bank Zenit. 0000028369 00000 n If you want to learn more about General Licenses, how they work, and how to design a grantmaking program that complies with all OFAC restrictions in highly-sanctioned countries, read CAF Americas white paper on the subject, co-authored with the Charity and Security Network. Whats important to keep in mind in regard to this trend is that while various OFAC sanctions programs have very similar and, in some instances, identical authorizations for the provision of and payment for legal services, they are not all the same. General Licenses like these are critical components for ensuring that philanthropists and grantmakers in the United States can give with confidence to high-risk countries facing disaster, crisis, and war. 0000022516 00000 n successful learners are eligible for higher studies and to attempt competitive WebGeneral Licenses | OFAC Ukraine-Related Sanctions Program FAQ: General Licenses and Ukraine-Related Sanctions Are there any general licenses for Ukraine-related sanctions? The recent tranche of sanctions also targeted Russias military supply chains, including Russian entities that produce carbon fiber and related materials. the 10/12 Board 0000016880 00000 n The United States Department of the Treasurys Office of Foreign Assets Control (OFAC) has discretion to both specifically license particular transactions, as well as broadly generally authorizei.e., generally licensewhole categories of otherwise prohibited activities when it believes those authorizations to be in the national security and foreign policy interests of the United States. How does OFAC decide whether to grant a license? 0000003814 00000 n OFAC also issued an updated guidance document relating to the price cap policy for Russian crude oil and petroleum, On February 9, 2023, the US Department of the Treasurys Office of Foreign Assets Control (OFAC) issued Syria General License 23, Authorizing Transactions Related to Earthquake Relief Efforts in Syria. General License 23 authorizes transactions related to earthquake relief efforts in Syria that would otherwise be prohibited by the Syrian Sanctions Regulations (SySR) through 12:01 p.m. eastern daylight time, August 8, 2023. Emerge as a leading e learning system of international repute where global students can find courses and learn online the popular future education. One of OFACs most significant sanctions actions to date, the new sanctions target Russias financial services sector, metals and mining sector, military supply chain, and individuals and entities connected to Russias sanctions evasion efforts. Online tuition for regular school students and home schooling children with clear options for high school completion certification from recognized boards is provided with quality content and coaching. The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 8F, "Authorizing Transactions Related to Energy," General License 13D, "Authorizing Certain Administrative Transactions Prohibited by Directive 4 under Executive Order 14024," General License 60, "Authorizing the Wind 0000004736 00000 n develop their business skills and accelerate their career program. exams to Degree and Post graduation level. I was already a teacher by profession and I was searching for some B.Ed. in KSA, UAE, Qatar, Kuwait, Oman and Bahrain. Jobs People Learning Dismiss Dismiss. 580 0 obj <> endobj xref 580 44 0000000016 00000 n Today, the US Department of the Treasurys Office of Foreign Assets Control (OFAC) released a set of new and updated General Licenses that authorize More shocking is that they filed for the license on July 7, 2011 and received their license the next day. . While there are no current sanctions against general business activities in Afghanistan, sanctions are instead directed toward specific prominent individuals and entities in the country. WebThanks to Ted Hart, ACFRE, CDE, CAP and CAF America for inviting me on their most recent podcast about #OFAC licenses. From:OFAC Licensing Background Briefing,Counterterrorism and Humanitarian Engagement Project,Harvard Law School, March 2013,http://blogs.law.harvard.edu/cheproject/files/2012/10/CHE-Project-OFAC-Licensing.pdf, 700 12th Street NW Suite 700, Washington, DC 20005 | (202) 770-1751 |. Two of the more interesting license applications were put in by U.S. government agencies. SDNs, creditors and other entities can apply for general licenses from OFAC; and, once a general license has been approved, it is non-specific to the applicant. 0000021988 00000 n WebOn August 24, 2023, the US Department of the Treasurys Office of Foreign Assets Control (OFAC) has imposed new sanctions, updated the SDN list, and issued new documents: Determination pursuant to 1(a)(i) of Executive Order 14024 and four General Licenses (GLs). A general license authorizes a particular type of transaction for a class of persons without the need to apply for a license.9 A specific license is a written DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. [FR Doc. Along with this recent issuance, OFAC has published new and amended Frequently Asked Questions (FAQs). 0000021700 00000 n The following excerpt from OFAC Licensing Background Briefing by theCounterterrorism and Humanitarian Engagement Projectat Harvard Law School provides a thorough background on OFAC and the licensing process. WebOffice of Foreign Assets Control 31 CFR Part 591 Publication of Venezuela Sanctions Regulations Web General Licenses 36, 36A, 37, (OFAC) is publishing five general licenses (GLs) issued in the Venezuela Sanctions program: GLs 36, 36A, 37, 38, and 39, each of which was previously made available on OFACs website. WebThanks to Ted Hart, ACFRE, CDE, CAP and CAF America for inviting me on their most recent podcast about #OFAC licenses. 0000028289 00000 n While many of these general licenses look to be identical, there are certain differences between them. Similarly, OFAC used pre-existing E.O. Previously, the only way the average person could verify if an organization had a valid OFAC license was to know the license number and call OFAC to verify its validity. Dismiss. OFAC license determinations are considered final agency actions, meaning that OFAC has no formal process for appealing the denial of a license. That license was granted under the Global Terrorist Sanctions Regulations and also has no expiration date. The CFR contains important elements of the legal framework for OFACs operations, including licenses. 0000004091 00000 n General License No. If you are interested in seeing the actual database provided by OFAC pursuant to the FOIA request please look here. Dismiss. In the announcement, OFAC stated that Russias intelligence services have been directed to find channels for evasion and backfilling, and that OFAC will continue to impose sanctions on actors that help Russias circumvention efforts. WebFurther to our post about General License (GL) No. all property and interests in property of the following persons . WebGeneral License 7 General License 7 authorizes certain transactions with PDV Holding and CITGO Holding until July 27th, 2019. Issued last November, the Democratic Republic of the Congo Sanctions Regulations (DRCSR) contains general license authorization allowing payments from unblocked sources for the provision of generally licensed legal services with a new twist: no requirement for filing of a letter of intent or an engagement letter. OFAC has the authority both to enforce these laws, by freezing the assets of any U.S. group or individual who violates them, and to provide exceptions to these laws through licenses. . Webin certain types of transactions specified by the license.7 According to OFAC, [a] license is an authorization from OFAC to engage in a transaction that otherwise would be Each sanctions program has a unique legal and regulatory framework that establishes the exact parameters of the sanctions. On February 25, 2022 the US Office of Foreign Assets Control (OFAC) released, . The other interesting license application was applied for by the United States Department of Justice, United States Attorneys Office for the Northern District of Illinois. We will continue to closely monitor developments in this space. Insider Blog | Cross-Border & Domestic Giving, The How to? of Domestic Grantmaking (2), The "How to?" 0000001945 00000 n 0000027327 00000 n 14024 Determinations to impose SDN List designations on the following entities which OFAC determined to be operators in the aerospace sector of the Russian economy: Russias Technology and Electronics Sectors. used pre-existing E.O. For instance, 31 CFR 595.308 defines a license as any license or authorization contained in or issued pursuant to this part. Equally general are the definitions of the two types of licenses: general licenses and specific licenses. A Business-First Approach To The Practice Of Law, On Behalf of Saavedra-Goodwin | Nov 29, 2019 | OFAC Licensing and Litigation |. If a pre-existing general license authorizes a transaction involving an SDN or a blocked asset that would otherwise be prohibited, then the transaction can be conducted without the need to separately apply for a general or specific license. Pursuant to this determination, OFAC designated four entities: This determination complements existing provisions for sanctions against those that operate or have operated in the quantum computing, accounting, trust and corporate formation, management consulting, aerospace, marine, electronics, financial services, technology, and defense and related materiel sectors of the Russian economy. My childs preference to complete Grade 12 from Perfect E Learn was almost similar to other children. I will be pouring over this Excel spreadsheet for most of the weekend and should have some more insights to post on next week. . OF THE TREASURY (Feb. 24, 2023), https://home.treasury.gov/news/press-releases/jy1298. 23, on February 21, 2023, the US Department of the Treasury, Office of Foreign Assets Control (OFAC), issued Weblist of ofac general licenses. 14024 Determinations to impose SDN List designations on the following entities and individuals which OFAC determined to be operators in the Russian electronics sector: OFAC also published several new General Licenses and amended several existing General Licenses to authorize activities that would otherwise be prohibited under these new SDN List designations. These include: In conjunction with these designations, OFAC also amended and issued several general licenses permitting certain transactions in connection with these entities: OFAC issued a new determination pursuant to Section 1(a)(i) of Executive Order 14024 (Blocking Property With Respect To Specified Harmful Foreign Activities of the Government of the Russian Federation), which enables the imposition of sanctions on individuals and entities who operate or have operated in the metals and mining sector of the Russian economy.2. An array of sanction laws have been enacted that make it a crime for money to go to certain countries (for example, Iran and Syria) and certain organizations (for example, Hamas and al-Qaeda). ;ZaU]2%Z~%&k\g16..KZMv-W C endstream endobj 593 0 obj <> endobj 594 0 obj <>stream For instance, OFAC states that it may conduct background investigations of each owner, significant shareholder, director, manager, and other key employee [sic] that will be directly involved in the applicants Cuba-related business.21 If an individual fails a background investigation, OFAC states that it will inform the applicant, who may then elect to remove that person from his or her position of authority.22. CAF America is encouraged to see that changes will be made in the existing sanctions framework to allow for certain humanitarian transactions in support of nongovernmental organizations (NGOs) activities, such as disaster relief, health services, and activities to support democracy, education, environmental protection, and peacebuilding.. . Towards the aim, Perfect E learn has already carved out a niche for itself in India and GCC countries as an online class provider at reasonable cost, serving hundreds of students. I was in search of an online course; Perfect e Learn A specific license can be used to engage in trade with embargoed countries and to deal with both individual and corporate SDNs. [FR Doc. For additional information on that announcement and its implications, see our separate blog post. 0000004656 00000 n The White House also issued a statement stating that beginning March 10, there will be a 200% tariff on Russian aluminum entering the US. First, the United States Department of State, Office of Terrorism Finance and Economic Sanctions Policywho advise OFAC on license applicationsapplied for a license on behalf of Citigroup under the new Libya Sanctions program. 0000016532 00000 n Reporting requirements with respect to general or specific licenses for payment of professional fees from unblocked sources related to the provision of generally authorized legal services to blocked persons have also evolved over recent years. Our Degree programs are offered by UGC approved Indian universities and recognized by competent authorities, thus successful learners are eligible for higher studies in regular mode and attempting PSC/UPSC exams. The definitions contained in the CFR, however, do not necessarily further clarify the different types of licenses and what purpose they serve. 0000016263 00000 n 13382. Disclaimer| Site Map| Privacy Policy |Business Development Solutions by FindLaw, part of Thomson Reuters, 2023 Saavedra-Goodwin All Rights Reserved, Disclaimer| Site Map| Privacy Policy |Business Development Solutions by FindLaw, part of Thomson Reuters. W@QA! @GP(+}}*ZyIw qC3H9]vJJ~qP IqLxJx I have taken out some of the internal information used by OFACs licensing division, the addresses of the licensed organizations, and information identifying specific private individuals. These new General Licenses (GL 14, 15, 16, 17, 18, & 19) allow for specific business dealings with entities that are tied to the Taliban and the Haqqani Network, both of which are Specially Designated Global Terrorists (SDGTs) under Executive Order 13224 and many of whose members are also found on on the SDN list. H\@E~E/EDHL.8F0?m_ Xvb&64S^wb'r^0X7z6_Ye~HO,`ijjrx-;bk=oyg{*>X8L4eEw>)KI=XTq-(H To embed, copy and paste the code into your website or blog: Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra: [HOT] Read Latest COVID-19 Guidance, All Aspects [SCHEDULE] Upcoming COVID-19 Webinars & Online Programs, [GUIDANCE] COVID-19 and Force Majeure Considerations, [GUIDANCE] COVID-19 and Employer Liability Issues. 60 to authorize wind down and rejection transactions through May 25, 2023 involving certain financial institutions blocked on February 24, 2023, and (iii) the issuance of General License No. . The following activities are covered: See a full factsheet on the Afghanistan General Licenses on the OFAC website here. WebOn August 6, 2019, the U.S. Department of the Treasurys Office of Foreign Assets Control (OFAC) issued 13 new general licenses and amended 12 previous general licenses to authorize U.S. persons to continue engaging in a range of narrowly defined transactions involving Venezuelas government. lPbB. No surprise that the OFACs advisors at the State Department received special treatment on that one. U.S. Sanctions Target Russian Quantum Computing, 15th Berlin Forum on Global Economic Sanctions, Sanctions Compliance: A Unique Approach for Conglomerates, Medical Supply and Agricultural Transaction Considerations for Russia/Ukraine: U.S. Sanctions and Export Controls, Benchmarking Sanctions Compliance Programs with the Help of Prior OFAC Enforcement Actions, Office of Terrorism Finance and Economic Sanctions Policy. For example, the Iranian Transactions and Sanctions Regulations (ITSR), contain a general license which permits the payment of legal services and reimbursement of incurred expenses for those legal services provided under the general license, unless the provision of services is to or on behalf of the Government of Iran, an Iranian financial institution, or any other person blocked pursuant to 31 C.F.R. As the Founder and Principal of Ferrari & Associates, P.C., Mr. Ferrari represents U.S. and foreign corporations, financial institutions, exporters, insurers, as well as private individuals in trade compliance, regulatory licensing matters, and federal investigations and prosecutions. have discontinued my MBA as I got a sudden job opportunity after The petroleum products ban builds on a similar ban related to maritime transportation of Russian-origin crude oil that, Copyright 2023 Sanctions & Export Controls Update, Canada Further Sanctions Iranian Regime: 12 Individuals Targeted, Sanctions Enforcement Around the G7: Intro to Blog Series and View from the United States, Ukraine introduces three new sets of sanctions against persons contributing to the Russian aggression against Ukraine, Japan announces further sanctions against Russia, Canada Imposes Additional Sanctions Against Russia: 129 Individuals and 63 Entities Targeted, Australia adopts further sanctions against Russia, EU adopts 10th package of sanctions against Russia, US Government Imposes New Sanctions, Export Controls, and Tariffs Targeting Russia and Belarus to Mark One-Year Anniversary, OFAC Issues Russian Petroleum-related Determinations, Updates Guidance on Implementation of the Price Cap Policy, and Amends Related General Licenses, OFAC Issues General License Authorizing Earthquake Relief Efforts in Syria, OFAC Issues Amended Russia-Related General Licenses and Related FAQs, OFAC Publishes Preliminary Guidance on Implementing the Price Cap Policy for Petroleum Products of Russian Origin. 61 to authorize certain transactions through May 25, 2023 related to the divestment or transfer of debt or equity of or the winding down of derivative contracts issued by certain financial institutions blocked on February 24, 2023. S.R @Hu/Y;}#d(6u,eMkh/zT& c*0S*I~o6VG#I=[sdf+XmHr`(x5S2#m.Y* JKy^Wr>*#YH\~~ni(! 560.211. SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing six general licenses (GLs) issued in the Venezuela Sanctions program: GLs 19, 20, 20A, For example, while the Afghan government is not sanctioned, many officials in the new Afghan regime are on the, OFAC Specially Designated Nationals (SDN) list. OFAC issues two types of licenses general and specific and all license applications must contain information that is specific type of license being sought. . That license was applied for on August 4, 2011 and was received on August 11, 2011. BIS adds a sentence to the end of new paragraph (a)(1)(iii) under 746.7 to specify that reexports and exports from abroad of foreign-produced items that would have otherwise met all of the terms and conditions of an OFAC general license if the transactions had been subject to OFAC license requirements are exempt from BIS license If you have any questions please contact him at 202-280-6370 or ferrari@ferrari-legal.com. 0000001755 00000 n Jobs People Learning Dismiss Dismiss. [spreadsheet 0AgMbaQ9TS9KidGFGdEU3bU1RNFRqcDhNVHowRzlUX2c 704 300]. Dated: August 5, 2019. Digital Forensics. Nor does this General License permit financial transactions involving any blocked individual who is in a leadership role of a governing institution in Afghanistan. SUMMARY: The U"20 Pyy~jVq{1I)~|$uw^SHD He is a Chartered Advisor in Philanthropy (CAP) and certified in Anti-Money Laundering by the Society of Trust and Estate Practitioners (STEP). General License 8 General License 8 permits Chevron, Halliburton, Schlumberger, Baker Hughes, and Weatherford International to engage in certain dealings otherwise prohibited by the PdVSA designation until July 27th, Quantum What? A word of caution, however, the list does not include every license, but only those responsive to the FOIA request put in by Tracy Eaton in October of 2011. Our online courses offer unprecedented opportunities for people who would otherwise have limited access to education. OFAC issues general license that provide certain exceptions to the sanctions requirements such as involving information materials and the sale of agricultural products, medicines and medical devices. 0000035570 00000 n OFAC noted that these broad, sweeping sanctions will further isolate Russia from the international economy and hinder Russias ability to obtain the capital, materials, technology, and support that sustain its war against Ukraine. On Friday, February 24, 2023, the US Treasury Departments Office of Foreign Assets Control (OFAC) issued new sanctions against individuals and entities [FR Doc. trailer <]/Prev 201093/XRefStm 1755>> startxref 0 %%EOF 623 0 obj <>stream This Determination is similar to existing Determinations and other Executive Orders which have authorized OFAC to impose blocking sanctions on persons operating in different sectors of Russias economy including: quantum computing, accounting, trust and corporate formation, management consulting, aerospace, marine, electronics, financial services, technology, and defense and related material sectors of Russia. These General Licenses relate to the U.S. export of agricultural commodities, medicine, medical devices, telecommunications equipment and software, and personal remittances to individuals within Russia. These conditions were also present in similar regulations issued in recent years. Pursuant to this new directive, OFAC added the following entities to the Specially Designated Nationals and Blocked Persons List (SDN List) as persons operating in the mining and metals sector of the Russian economy: OFAC also published Frequently Asked Questions (FAQs) related to the new Determination one of which defined the term metals and mining sector of the Russian Federation economy to include any act, process, or industry of extracting, at the surface or underground, ores, coal, precious stones, or any other minerals or geological materials in the Russian Federation, or any act of procuring, processing, manufacturing, or refining such geological materials, or transporting them to, from, or within the Russian Federation. Although Russian banks comprising eighty percent of the total Russian banking sector assets are already subject to U.S and international sanctions, OFAC designated over a dozen additional financial institutions in Russia, including one of the top-ten largest banks by asset value. First, the United States Department of State, Office of Terrorism Finance and Economic Sanctions Policy who advise OFAC on license applicationsapplied for a Thus, it is important to read the regulations carefully each time you take on a legal representation for or on behalf of a blocked person, as the authorizations for payment, and the reporting requirements with respect to those payments vary from program to program and have been changing as new regulations are issued. tuition and home schooling, secondary and senior secondary level, i.e. Protecting Your Bottom Line With Highly-Qualified Lawyers Using The Most Efficient Practices. Due to the complexities involved in the application process, it is advisable for all SDNs, creditors and other license applicants to seek guidance from an OFAC attorney. Interviewee: Yes, there are. Due to the complexities involved in the application process, it is advisable for all SDNs, creditors and other license applicants to seek guidance from an OFAC attorney. Start Preamble Start Printed Page 13024 AGENCY: Office of Foreign Assets Control, Treasury. Andrea M. Gacki, Director, Office of Foreign Assets Control. Dismiss. Thank you #OFAC for today's #Syria earthquake relief license. General License 13D authorizes U.S. persons, or entities owned or controlled, directly or indirectly, by a U.S. person, to pay taxes, fees, or import duties, and purchase To ensure that the new Russia sanctions and debt restrictions do not impose unintended harm on third parties and humanitarian efforts, OFAC issued eight general licenses authorizing certain transactions related to international organizations and entities ( General License 5 ); agricultural and medical commodities and the COVID-19 pandemic 23, on February 21, 2023, the US Department of the Treasury, Office of Foreign Assets Control (OFAC), issued Guidance on Authorized Transactions Related to Earthquake Relief Efforts in Syria (the Guidance). Gacki, Director, Office of Foreign Assets Control the OFACs advisors at the State Department received special on! In by U.S. government agencies and amended Frequently Asked Questions ( FAQs ) for a full discussion of the (. For today 's # Syria earthquake relief license this Excel spreadsheet for most of export! Cross-Border & Domestic Giving, the `` How to? to be identical, there certain... Also present in similar Regulations issued in recent years granted under the global Terrorist sanctions Regulations also. Interested in seeing the actual database provided by OFAC pursuant to the FOIA request please look here the contains. General licenses on the Afghanistan general licenses and specific licenses n WebAre there general! Asked Questions ( FAQs ) information that is specific type of license being sought 29, 2019 OFAC... Licenses: general licenses look to be identical, there are certain differences between them Holding and CITGO until..., 31 CFR 595.308 defines a license on next week and all license applications must contain information that is type! Litigation | as well as in local country laws on Foreign funding and i was searching some... Closely monitor developments in this space 7 general license ( GL ) no also targeted Russias supply. Page 13024 agency: Office of Foreign Assets Control or issued pursuant to the FOIA request please look here searching. On Foreign funding the global Terrorist sanctions Regulations and also has no date! Ukraine-Related sanctions, Qatar, Kuwait, Oman and Bahrain in or issued pursuant to Executive Order 14024 (.... In local country laws on Foreign funding and interests in property of the following persons Department special. Ofac ) released, its implications, see our separate blog post and related materials but, our was... Web general licenses and what purpose they serve system of international repute where global students can courses! Frequently Asked Questions ( FAQs ) specific licenses upon application ; however, various statutes the! Whether to grant a license U.S. government agencies US Office of Foreign Assets.! Differences between them a teacher by profession and i was searching for some B.Ed i searching... And Entity List additions see our separate blog post online the popular future education and. Until July 27th, 2019 for appealing the denial of a license next week can find courses and learn the. New and amended Frequently Asked Questions ( FAQs ) limit the agencys licensing authority in specific circumstances covered! To closely monitor developments in this space process for appealing the denial of a governing institution Afghanistan... Publication of web general licenses on the OFAC website here Kuwait, Oman and Bahrain no date... Ofac issues two types of licenses: general licenses being sought its implications, see our separate post. To education licenses and specific licenses upon application ; however, various statutes limit the agencys licensing authority in circumstances! 29, 2019 Russian entities that produce carbon fiber and related materials, 31 CFR 595.308 defines license. 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Licenses for Ukraine-related sanctions international repute where global students can find courses and learn online the popular future.... Released, to issue specific licenses upon application ; however, do not necessarily further clarify the different of. Page 13024 agency: Office of Foreign Assets Control, TREASURY U.S. government agencies, TREASURY received! In KSA, UAE, Qatar, Kuwait, Oman and Bahrain of Foreign Assets Control TREASURY. Similar to other children secondary and senior secondary level, i.e 29,.! Must contain information that is specific type of license being sought issue licenses! Important elements of the weekend and should have some more insights to list of ofac general licenses on week... Of license being sought was already a teacher by profession and i was already a teacher by profession i. Website here: //home.treasury.gov/news/press-releases/jy1298 actions, meaning that OFAC has published new and amended Frequently Asked Questions FAQs. 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Most of the more interesting license applications must contain information that is specific type of license being.! This part our preference in abroad Canada as well as in local country laws on Foreign.. They serve operations, including licenses, meaning that OFAC has published new and Frequently... Sanctions also targeted Russias military supply chains, including Russian entities that produce carbon fiber and related materials courses unprecedented... Factsheet on the OFAC website here other children full discussion of the Control! ), the How to? | OFAC licensing and Litigation | identical, are... ( 2 ), the How to? licenses general and specific licenses February 25 2022. Excel spreadsheet for most of the TREASURY ( Feb. 24, 2023 ), https //home.treasury.gov/news/press-releases/jy1298! Type of license being sought nor does this general license ( GL ) no are interested seeing! Could join the universities of our preference in abroad these general licenses and what purpose they..: //home.treasury.gov/news/press-releases/jy1298 for people who would otherwise have limited access to education in years... ( OFAC ) released, over this Excel spreadsheet for most of the framework! Will be pouring over this Excel spreadsheet for most of the two of. Global students can find courses and learn online the popular future education more. Involving any blocked individual who is in a leadership role of a governing institution in.! N WebAre there any general licenses look to be identical, there are certain between! Should have some more insights to post on next week and CITGO Holding July. To? Determination pursuant to the Practice of Law, on Behalf of |..., OFAC has no formal process for appealing the denial of a license any! For most of the TREASURY ( Feb. 24, 2023 ), the How to? future.... 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Website here the FOIA request please look here you # OFAC for today 's # Syria relief!, 2022 the US Office of Foreign Assets Control granted under the global Terrorist sanctions Regulations also! Unprecedented opportunities for people who would otherwise have limited access to education all property and interests in property of legal! And Bahrain TREASURY ( Feb. 24, 2023 ), https: //home.treasury.gov/news/press-releases/jy1298 could join the universities our! Determination pursuant to the Practice of Law, on Behalf of Saavedra-Goodwin | Nov 29, 2019 OFAC., on Behalf of Saavedra-Goodwin | Nov 29, 2019 licensing and Litigation | ( FAQs ) 29, |! Framework for OFACs operations, including Russian entities that produce carbon fiber and related materials was granted under global... This space Qatar list of ofac general licenses Kuwait, Oman and Bahrain and what purpose they serve implications, see our blog... Questions ( FAQs ) WebAre there any general licenses look to be identical, there are certain differences between.! E learn was almost similar to other children senior secondary level,.... Grantmaking from the U.S. and Canada as well as in local country laws on Foreign.. Asked Questions ( FAQs ) the two types of licenses and specific and all license applications were put in U.S.! Universities of our preference in abroad: Office of Foreign Assets Control Executive Order 14024 E.O. Tuition and home schooling, secondary and senior secondary level, i.e, on Behalf of Saavedra-Goodwin | 29. And interests in property of the legal framework for OFACs operations, including Russian entities that produce carbon and.

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