Iran ofac general licenses
WebJul 6, 2024 · OFAC’s recent general licenses for Iran, Syria, and Venezuela authorize a number of activities that were previously prohibited under the relevant U.S. sanctions. However, while additional COVID-related transactions are now authorized, each of the three new general licenses contains significant nuance, and U.S. Persons should review the ... WebOct 26, 2024 · The U.S. Treasury’s Office of Foreign Assets Control (OFAC) on Feb. 27, 2024 issued General License 8 “Authorizing Certain Humanitarian Trade Transactions Involving …
Iran ofac general licenses
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WebAug 25, 2024 · Welcome to OFAC's new website! April 03, 2024 - Miscellaneous Global Magnitsky Designation; Issuance of Global Magnitsky General License and Frequently Asked Question March 31, 2024 - Sanctions List Updates Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Uphold HQ Inc. WebMar 31, 2024 · General Licenses. OFAC issues general licenses in order to authorize activities that would otherwise be prohibited with regard to the Global Magnitsky …
WebMar 3, 2024 · On February 27, 2024, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued a new Counter Terrorism and Iran-related General License No. 8 (“GL 8”) together with new frequently asked questions (“FAQs”) about the general license and the Swiss Humanitarian Trade Arrangement (“SHTA”). New GL 8 authorizes US … WebOct 8, 2024 · OFAC has issued Iran General License L - Authorizing Certain Transactions Involving Iranian Financial Institutions Blocked Pursuant to E.O. 13902. In addition, OFAC has published the following Iran-related Frequently Asked Questions (FAQs) 842, 843, 844, 845, 846, and 847.
WebIn order to obtain the one-year specific license described in paragraph (a) (1) (i) of this section, the exporter must provide to OFAC: ( 1) The applicant's full legal name (and, if the applicant is a business entity, the state or jurisdiction of incorporation and … WebSep 27, 2024 · The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing two general licenses (GLs) issued pursuant to the Iranian Transactions and …
WebJan 3, 2024 · OFAC added a new general license at ITSR 560.530(a)(5) to authorize the export/re-export to Iran of software and services necessary for the operation, …
WebJun 10, 2024 · On June 10, 2024 the US Office of Foreign Assets Control (OFAC) issued Syria General License 21A, Venezuela General License 39A, and Iran General License N-1. These General Licenses (GLs) replace and supersede former General Licenses’ released for COVID-19 related transactions in Syria (GL 21), Venezuela (GL 39), and Iran (GL N) due to … alberto san juan politicoWebApr 14, 2024 · Pursuant to an OFAC general license, U.S. person NGOs are permitted to engage in humanitarian projects to meet basic human needs in Iran, including the donation of health-related services. Additionally, NGOs can transfer up to $500,000 per year to Iran in support of such activities. alberto sansimena chamorroWebConsultation is available via toll free 1- (877) 687-7558. Harvard Law School Zaher Fallahi, Iran OFAC License Attorney-CPA, has completed “Negotiation and Leadership”, and “Leveraging the Power of Emotions as You Negotiate” Certificate Programs at Harvard Law School. Massachusetts Institute of Technology (MIT) alberto sanna urologoWebOct 26, 2024 · The U.S. Treasury’s Office of Foreign Assets Control (OFAC) on Feb. 27, 2024 issued General License 8 “Authorizing Certain Humanitarian Trade Transactions Involving the Central Bank of Iran” and related FAQs in conjunction with the formalization of the Swiss Humanitarian Trade Arrangement (SHTA), which became fully operational the same day. alberto santacruz radio marca bilbaoWebMar 31, 2024 · General Licenses. OFAC issues general licenses in order to authorize activities that would otherwise be prohibited with regard to the Global Magnitsky sanctions program. General licenses allow all US persons to engage in the activity described in the general license without needing to apply for a specific license. alberto santanaWebApr 12, 2024 · The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 62, "Authorizing the Wind Down of Transactions Involving Holdingovaya Kompaniya Metalloinvest AO, MegaFon PAO, Limited Liability Company USM Telecom, or Akkermann Cement Ca Limited Liability Company", General … alberto santagostino lonzaWebExcept as otherwise authorized pursuant to this part, and notwithstanding any contract entered into or any license or permit granted prior to May 7, 1995, any new investment by a United States person in Iran or in property (including entities) owned or controlled by the Government of Iran is prohibited. alberto santana ezkerra