Frequently Asked Questions

… General License 12A was amended to reflect the authorization in General License 14 . Specifically, U.S. persons were no longer required to place into a blocked … owns, directly or indirectly, a 50 percent or greater interest, for activities authorized by … Read more

… OFAC has issued two General Licenses (GLs) relating specifically to Lukoil International GmbH (LIG) and its … no funds may be transferred to a person or account in the Russian Federation. Non-U.S. persons generally do not risk exposure to U.S. sanctions under E.O… Read more

… vessels owned by these entities as blocked property. Concurrent with this action, OFAC issued General License (GL) 37​, which authorizes U.S. persons to engage in transactions and activities … What does General License 37 authorize? … vessels owned by these… Read more

… in undermining democracy in Venezuela.  Concurrent with this action, OFAC issued Venezuela General License (GL) 38 (“Authorizing the Wind Down of Transactions Involving CEIEC”).  GL 38 … What does General License 38 authorize? … in undermining democracy in… Read more

… Burma General License (GL) 4 authorizes, subject to certain conditions, all transactions and activities … What does Burma General License 4 authorize? … Burma General License (GL) 4 authorizes, subject to certain conditions, all transactions and… Read more

… If an export or reexport is not authorized by general license, any U.S. person, or non-U.S. person exporting items subject to Commerce's Export … to Iran of agricultural commodities excluded from the scope of the agricultural commodities general license,… Read more

… incident and necessary to the wind down of any transaction involving the Directorate General of Mines (DGM) of the Nicaraguan Ministry of Energy and Mines, or any entity in which DGM … within, the United States, or the possession or control of a U.S. person. Non-U.S. persons… Read more

… within, the United States, or the possession or control of a U.S. person. Non-U.S. persons generally do not risk exposure to U.S. blocking sanctions under the NSR for engaging in transactions with blocked persons, where those transactions would not require a specific … Read more

… In general, the parties engaged in the primary authorized activity are responsible for complying … to the primary authorized activity are not required to file reports pursuant to the applicable license. For example, a company providing services for the generation… Read more

… transactions are necessary and ordinarily incident to such persons’ day-to-day operations. General License 35 authorizes U.S. persons to pay taxes, fees, and import duties to the Government of Venezuela, and to purchase or receive permits, licenses, registrations… Read more