Frequently Asked Questions

1259. Are private and commercial flights authorized to arrive in and depart from airports in Venezuela, and can they receive ground services in-country?

… on OFAC's List of Specially Designated Nationals and Blocked Persons (SDN List) or owned 50 percent or more by persons identified on the SDN List. Generally, non-U.S. persons do not risk … on OFAC's List of Specially Designated Nationals and Blocked Persons (SDN List)… Read more

966. What actions did Treasury take in February 2022 related to Russia's financial services sector pursuant to Executive Order (E.O.) 14024?

… Public Joint Stock Company Sberbank of Russia and other foreign financial institutions owned 50 percent or more by this bank as subject to these prohibitions, which become effective on March … of any entity that is owned, directly or indirectly, individually or in the aggregate… Read more

928. Do U.S. sanctions on the Taliban and the Haqqani Network prohibit the provision of humanitarian assistance to Afghanistan?

… or any entity in which the Taliban or the Haqqani Network owns, directly or indirectly, a 50 percent or greater interest. For activity outside the scope of these GLs, OFAC may issue … or any entity in which the Taliban or the Haqqani Network owns, directly or indirectly, a… Read more

958. What are examples of transactions involving the Taliban or the Haqqani Network that are authorized under Afghanistan-related General Licenses (GLs) 14 and 19? Are such transactions covered by Afghanistan-related GL 20?

… or any entity in which the Taliban or the Haqqani Network owns, directly or indirectly, a 50 percent or greater interest, are authorized under GLs 14 and 19, if ordinarily incident and … or any entity in which the Taliban or the Haqqani Network owns, directly or indirectly, a… Read more

983. What actions did the Office of Foreign Assets Control (OFAC) take in February 2022 with respect to new debt or equity restrictions pursuant to Executive Order (E.O.) 14024?

… sanctions lists maintained by OFAC). Please see FAQ 985 regarding the applicability of OFAC’s 50 Percent Rule with respect to the Russia-related Entities Directive. Listings on the NS-MBS … sanctions lists maintained by OFAC). Please see FAQ 985 regarding the applicability of… Read more

957. Can non-U.S. companies ship food and agricultural products to Afghanistan? Can banks process these transactions?

… or any entity in which the Taliban or the Haqqani Network owns, directly or indirectly, a 50 percent or greater interest subject to certain conditions. FAQ 931 provides further guidance … or any entity in which the Taliban or the Haqqani Network owns, directly or indirectly, a… Read more

830. Will OFAC target Iranian manufacturers of medicines, medical devices, or products used for sanitation or hygiene or as personal protective equipment for use in Iran pursuant to Executive Order (E.O.) 13902 for continuing to manufacture these items? Will OFAC target persons conducting or facilitating transactions for the provision of such items to Iran if the transaction involves a person sanctioned under E.O. 13902?

… Bank of Iran, the National Iranian Oil Company (NIOC), or any entity in which NIOC owns a 50 percent or greater interest, that are consistent with GL 8A. For further guidance related to … Bank of Iran, the National Iranian Oil Company (NIOC), or any entity in which NIOC owns a… Read more

1122. Certain transactions related to telecommunications and certain internet-based communications are already authorized by Russia-related General License (GL) 25D. What additional transactions does Russia-related GL 65 authorize?

… Megafon or Digital Invest owns, directly or indirectly, individually or in the aggregate, a 50 percent or greater interest (collectively, “Covered Entities”), may not involve the Russian … Megafon or Digital Invest owns, directly or indirectly, individually or in the aggregate, a… Read more

1125. I am a creditor of the Government of Venezuela, Petróleos de Venezuela, S.A. (PdVSA), or a PdVSA subsidiary. Do I need an OFAC license to negotiate the settlement of claims related to assets of the Government of Venezuela or PdVSA?

… Government of Venezuela, PdVSA, or any entity in which PdVSA owns, directly or indirectly, a 50 percent or greater interest (a "PdVSA Subsidiary"). For the purposes of GL 42, the term “IV … Government of Venezuela, PdVSA, or any entity in which PdVSA owns, directly or… Read more

1184. What action did Treasury take on June 12, 2024 with regards to prohibiting certain information technology (IT) and software-related services?

… scope of sanctions prohibitions under the International Emergency Economic Powers Act. See 50. U.S.C. § 1702(b)(3). In addition, the IT and Software Services Determination does not … scope of sanctions prohibitions under the International Emergency Economic Powers Act. See… Read more

Frequently Asked Questions

Office of Terrorism and Financial Intelligence