Frequently Asked Questions

… Under General License A issued pursuant to E.O. 13599 , transactions authorized by (non-TSRA) specific licenses issued prior to the issuance of E.O. 13599 and issued pursuant to any part of 31 C.F.R. chapter V are also authorized under E.O. 13599. As set forth in… Read more

… from OFAC is required to engage in transactions by a person who meets all criteria in a general license. Individuals wishing to engage in activities that may fall within the scope of a general license should review the relevant general licenses… Read more

… that are ordinarily incident and necessary to give effect to the activities authorized in General Licenses (GL) 14 , GL 15 , GL 16 , GL 17 , GL 18 , GL 19 , or GL 20 , including clearing, … Can banks process transactions related to activities authorized by General… Read more

… Transactions that are generally authorized by GL 20  to the extent authorization is required include:   Commercial … (DABS);  Payment of taxes, fees, or import duties, or the purchase or receipt of permits, licenses, or public utility services, provided that such… Read more

… For purposes of Venezuela General License (GL) 47 (Authorizing the Sale of U.S.-Origin Diluents to Venezuela), how does … For purposes of Venezuela General License (GL) 47 (Authorizing the Sale of U.S.-Origin Diluents to Venezuela), how does …

… The general license at 31 CFR § 515.545(b)(1) authorizes, subject to conditions, travel-related … of information or informational materials. In accordance with NSPM-5, OFAC amended this general license to exclude from the authorization direct financial… Read more

… Travel-related transactions are permitted by general or specific licenses for certain travel related to the 12 categories of activities identified in 31 CFR § 515.560(a) .  Those travel-related transactions permitted by general license… Read more

… 31 CFR § 515.564 (a)(1) contains a general license that authorizes, subject to conditions, travel-related transactions and other … that are directly incident to professional research in Cuba.  Among other things, this general license authorizes, subject to… Read more

… Section 515.576 of the CACR contains a general license that authorizes, subject to conditions, travel-related transactions and other … for noncommercial purposes, among other things. In accordance with NSPM-5, OFAC amended this general license to exclude from the… Read more

… the payment of taxes, fees, and import duties, or the purchase or receipt of permits, licenses, or public utility services described in GL 14 and FAQ 928 . In addition, OFAC has … related to these authorizations, they can contact OFAC Compliance hotline . OFAC prioritizes… Read more