On June 5, 2024, OFAC, in consultation with the Department of State, amended the SySR to, among other things, incorporate certain sanctions statutes, including the Caesar Syria Civilian Protection Act of 2019, which are designed to deny the Assad Regime the resources it needs to support its… Read more
The GL at § 542.516 of the SySR authorizes NGOs to engage in activities in support of certain non-commercial activities in Syria, including: humanitarian projects to meet basic human needs; democracy-building; education; non-commercial development projects directly benefitting the Syrian people;… Read more
Yes. The general license at § 542.513 of the Syrian Sanctions Regulations (SySR) authorizes, subject to certain conditions, the United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations, The International Committee… Read more
U.S. persons may donate funds to and raise funds on behalf of U.S. and third-country NGOs that engage in authorized activities in Syria (please see § 542.516 of the Syrian Sanctions Regulations for the full list of authorized activities). U.S. persons can also donate humanitarian goods like food… Read more
Yes. U.S. NGOs may provide services to Syria in support of humanitarian projects in Syria as authorized by § 542.516 of the Syrian Sanctions Regulations. NGOs carrying out activities funded by the U.S. government, as described in § 542.522, or international organizations, as described in § 542.… Read more
No. Without a specific license, U.S. persons are not permitted to transfer financial donations directly to Syria or to NGOs in Syria. If you wish to donate funds in support of humanitarian work in Syria, you may do so by giving funds to U.S. or third-country NGOs to support non-commercial… Read more
On March 11, 2022, the Biden Administration issued Executive Order (E.O.) 14068 , prohibiting the importation into the United States of non-industrial diamonds of Russian Federation origin. See FAQs 1019 and 1027 for the definition of Russian Federation origin and non-industrial diamonds,… Read more
OFAC expects to promulgate regulations that define or interpret these terms as follows: Foreign Financial Institution: As defined in subsection 11(f) of E.O. 14024 , foreign financial institution means any foreign entity that is engaged in the business of accepting deposits, making, granting,… Read more
E.O. 14114 amends E.O. 14024 to authorize the imposition of sanctions on foreign financial institutions (FFIs) that have engaged in certain transactions involving Russia’s military-industrial base, including all persons whose property and interests in property are blocked pursuant to E.O. 14024. … Read more
Treasury remains focused on counteracting activity that involves sanctions evasion or third-country support to Russia’s military-industrial base. At the same time, legitimate humanitarian activity and agricultural and medical trade are not the target of our sanctions. Accordingly, FFIs may continue… Read more