1080 … Since Russia’s further invasion of Ukraine beginning in February 2022, OFAC has blocked a number of Russian financial institutions pursuant to E.O. 14024 for operating or having operated in the financial services sector of the Russian Federation economy (see FAQ 966 ). In addition, all… Read more
1081 … No. GL 50 authorizes individuals with accounts at Russian financial institutions blocked pursuant to E.O. 14024 to unblock and lump sum transfer funds to an account at a non-designated financial institution. Individuals do not need to provide official documentation proving they have closed… Read more
1083 … On September 15, 2022, the Director of OFAC, in consultation with the Department of State, issued a determination pursuant to Executive Order (E.O.) 14071 , “Prohibitions Related to Certain Quantum Computing Services,” prohibiting the exportation, reexportation, sale, or supply, directly or… Read more
1084 … For the purposes of the determination , OFAC anticipates publishing regulations defining this term to include any of the following services when related to quantum computing, quantum computers, electronic assemblies thereof, or cryogenic refrigeration systems related to quantum computing: … Read more
422 … OFAC maintains other sanctions lists in addition to its Specially Designated Nationals (SDN) list . The names on these lists may also appear on the SDN list when such targets have a blocking provision associated with them. However, when the treatment of sanctions targets is unique and stops… Read more
83 … All of OFAC's delimited files are described in OFAC's SDN data file specification guide and non-SDN data specification guide . In addition, OFAC published a tutorial on how to construct a basic relational database using OFAC’s delimited list files … How are OFAC's delimited files …
81 … The delimiter varies based upon the file type. Files that end in .CSV have a comma delimiter. Files that end in .FF have a fixed width delimiter. … What is the delimiter in OFAC's delimited files? …
88 … OFAC cannot give specific advice on how to design an automated system for downloading its sanctions list data. Many institutions solve this problem by setting up a scheduled download of the SDN List and other sanctions lists . These firms conduct their own risk assessments and decide how often… Read more
89 … The SDN list and OFAC's non-SDN Consolidated lists are comprehensive. Database administrators can overwrite any old data in their systems with the latest versions of the list's data files, thus ensuring that their database is current … I am a database administrator at a financial institution… Read more
90 … Yes, OFAC offers a delta file as part of its Sanctions List Service (SLS) . While this delta file format is used by OFAC to update its sanctions lists on SLS, members of the public may use this file as well. OFAC also records changes to the SDN list and other sanctions lists in human-… Read more