Iran ofac general licenses

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August undefined, 2024

WebDec 23, 2016 · OFAC is adding a new general license in § 560.530 (a) (5) to authorize the exportation or reexportation to Iran of software and services related to the operation, maintenance, and repair of medical devices that previously were exported or reexported to Iran pursuant to an OFAC authorization, provided that, among other things, such software … WebSep 23, 2024 · The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Iran General License D-2 "General License with Respect to Certain Services, …

Russia-related Designations; Issuance of Russia-related General ...

WebApr 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. 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 … dave and buster\\u0027s cincinnati ohio

Global Magnitsky Sanctions Office of Foreign Assets Control

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. … Web1 day ago · On Wednesday, the US Treasury Department announced sanctions against two UAE-based firms for allegedly assisting the Russian invasion of Ukraine. The Gulf state has been seeking to raise its compliance with international sanctions recently. In March, the UAE Central Bank revoked the license of Russia’s MTS Bank. 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, … dave and buster\\u0027s cincinnati menu

Issuance of Iran General License D-2 and related …

Global Magnitsky Sanctions Office of Foreign Assets Control

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 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. 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 … dave and buster\\u0027s concordWebJun 17, 2024 · The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Syria General License 21, Venezuela General License 39, and Iran General License N, "Authorizing Certain Activities to Respond to the Coronavirus Disease 2024 (COVID-19) Pandemic" and related Frequently Asked Questions ( 906, 907, 908, 909, 910, and 911 ). dave and buster\u0027s concord coupon

"WebExcept 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 … " - Iran ofac general licenses

Iran ofac general licenses

OFAC issues and amends Iran-related FAQ Orrick, Herrington ...

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. WebJan 18, 2024 · New FAQ 1110 clarifies Iran General License (GL) D-1 and GL D-2. Specifically, OFAC noted that because GL D-1 was issued in 2014, the types of software and services that support communication over ...

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WebApr 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 … 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 ...

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 … 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 …

WebIran General License (No. F) - Authorizing Certain Services in Support of Professional and Amateur Sports Activities and Exchanges Involving the United States and Iran Iran General License (No. E) - Authorizing Certain Services in Support of Nongovernmental Organizations’ Activities in Iran WebApr 13, 2024 · On April 6, the Department of the Treasury published an Enforcement Release detailing Microsoft Corporation’s settlement with the Treasury’s Office of Foreign Assets Control (“OFAC”) for $2,980,265.86, relating to alleged violations of OFAC’s Cuba, Iran, Syria, and Ukraine-/Russia-related sanctions programs. This settlement was part of a …

WebFeb 27, 2014 · The Department of the Treasury's Office of Foreign Assets Control (“OFAC”) is publishing General License E and General License F issued under the Iranian transactions …

WebIran or Iranian financial institutions authorized under such a specific license are hereby authorized under the new Executive Order, and such a specific license shall remain in … black and decker replacement coffee potWebOct 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 … dave and buster\\u0027s cincinnatiWebJun 28, 2024 · General License I. Along with General License H, on January 16, 2016, OFAC issued a Statement of Licensing Policy for Activities Related to the Export or Re-export to Iran of Commercial Passenger Aircraft and Related Parts and Services (SLP) allowing companies to apply for specific licenses to supply commercial passenger aircraft or … black and decker replacement blender pitcher black and decker replacement charging cordWebMar 31, 2024 · General Licenses. OFAC issues general licenses in order to authorize activities that would otherwise be prohibited with regard to the Global Magnitsky … black and decker replacement chargerWebLicense Authorization There are two very different types of license authorization that are offered by OFAC. The first is general license authorization where the authorization does not come from any piece of paper that the government gives … black and decker replacement coffee carafeWebAug 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. dave and buster\\u0027s concord mills