Iran ofac general licenses

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August undefined, 2024

WebA DC OFAC and white collar defense lawyer talks about the general licenses that apply to Iran’s country-based sanctions and donating to charity. Required. NOT A GOVERNMENT SITE . For a consultation call (202) 517-1611 . Home; ... require a specific license, but OFAC tends to have a positive licensing policy for such goods. The person would ... 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.

OFAC Issues New General License Authorizing the Involvement of …

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 … WebOct 29, 2024 · The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing General License M, "Authorizing the Exportation of Certain Graduate Level Educational Services and Software" and a new Frequently Asked Question. In addition, OFAC has updated its Specially Designated Nationals and Blocked Persons List: dance gear backpacks

Publication of Iranian Transactions and Sanctions …

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. 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. birds with unusual names

General Licenses for Syria, Iran, and Venezuela Offer a Pathway …

OFAC License Intended to Ease Humanitarian Aid to Iran

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 … 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 … dance gift certificate template freeWebJun 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 … dance gear blackheath

"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 … " - Iran ofac general licenses

Iran ofac general licenses

Three new General Licenses expand scope of COVID-19-related …

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 ... WebThis general license authorizes you to collaborate with your Iranian colleague on the creation and enhancement of written publications, including an academic paper, a book, or a dissertation. 31 CFR 560.538 also authorizes substantive editing of written publications.

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WebJun 16, 2024 · YOUCHEM GENERAL TRADING FZE, B.C. 1303245, Ajman Free Zone, Ajman, United Arab Emirates; Additional Sanctions Information - Subject to Secondary Sanctions; License 27087 (United Arab Emirates) [IRAN-EO13846] (Linked To: TRILIANCE PETROCHEMICAL CO. LTD.). The following deletions have been made to OFAC's SDN List: 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 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 … 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, …

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 … 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 ...

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. …

WebOne important general license authorizes the exportation of certain computers, cell phones, and other devices and technologies to Iran. This broad authorization was granted in an … dance grandpa shirtWebFinally, OFAC has also issued a general license to allow nongovernmental organizations (NGOs) to engage in not-for-profit activities in Syria in support of humanitarian projects, democracy-building, education, and non-commercial development projects directly benefitting the Syrian people. dance gif images vector babyWebApr 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. dance girl shoesWebIran 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 … dance gift ideasWebExcept 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. dance google slide themeWebJan 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, … birds with white heads and black bodyWebLicense 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 … dance gavin dance self titled