Frequently Asked Questions

538. Does OFAC aggregate ownership stakes of all entities subject to Directive 4 when determining whether a project is 33 percent or more owned by a person subject to Directive 4, or whether a person subject to Directive 4 owns a majority of the voting interests in a project?

… 4 SSI entities, their property, and their interests in property, including entities owned 50 percent or more by one or more persons determined to be subject to Directive 4. The … 4 SSI entities, their property, and their interests in property, including entities owned 50… Read more

464. Can I travel to North Korea?

… Passport do not require OFAC authorization to engage in activities that are exempt pursuant to 50 U.S.C. § 1702(b), such as travel to or from any country or the importation or exportation of … Passport do not require OFAC authorization to engage in activities that are exempt… Read more

1263. Does General License (GL) 60A require that payments to the Government of Venezuela be made into the Foreign Government Deposit Funds Account (FGDF)?

No. GL 60A authorizes all transactions related to earthquake relief efforts in Venezuela under the Venezuela Sanctions Regulations, which includes payment of taxes, tolls, and fees to the Government of Venezuela connected with such relief efforts. Payments related to earthquake relief that are… Read more

150. Where can I find a list of Islamic Revolutionary Guard Corps (IRGC) affiliates and Iran-linked financial institutions “blocked pursuant to the International Emergency Economic Powers Act (IEEPA)”?

… to have an interest in all property and entities in which they own, directly or indirectly, a 50 percent or greater interest. As a result, such property and entities are also blocked, even if … to have an interest in all property and entities in which they own, directly or… Read more

184. What does the GHRAVITY E.O. do?

… the property and report the blocking to OFAC within 10 days of blocking. Entities that are 50% or more owned by persons blocked by the GHRAVITY E.O. are also blocked, regardless of whether … the property and report the blocking to OFAC within 10 days of blocking. Entities that… Read more

917. Are all persons operating in sectors identified in the Executive Order (E.O.) of August 9, 2021, “Blocking Property of Additional Persons Contributing to the Situation in Belarus,” blocked?

… OFAC’s Specially Designated Nationals and Blocked Persons List (SDN List), and entities owned 50 percent or more, individually or in the aggregate, directly or indirectly, by one or more such … OFAC’s Specially Designated Nationals and Blocked Persons List (SDN List), and… Read more

1074. Is EuroChem Group AG blocked as a result of the designation of Andrey Igorevich Melnichenko?

… EuroChem Group AG and, based on information available to OFAC, EuroChem Group AG is not owned 50% or more by blocked persons or otherwise considered the blocked property of Andrey Igorevich … EuroChem Group AG and, based on information available to OFAC, EuroChem Group AG is not… Read more

1075. Is PhosAgro PJSC blocked as a result of the designation of Andrey Grigoryevich Guryev and Andrey Andreevich Guryev?

… PhosAgro PJSC and, based on information available to OFAC, PhosAgro PJSC is not owned 50% or more by blocked persons or otherwise considered the blocked property of Andrey … PhosAgro PJSC and, based on information available to OFAC, PhosAgro PJSC is not owned 50… Read more

1204. On December 27, 2024, OFAC designated Bidzina Ivanishvili (Ivanishvili) pursuant to Executive Order (E.O.) 14024. Can I continue to engage in transactions or other dealings with entities owned by Ivanishvili that are not listed on OFAC's Specially Designation Nationals and Blocked Person List (SDN List) without facing sanctions risk?

… License (GL) 116 authorizing U.S. persons to engage in all transactions with any entity owned 50% or more by Ivanishvili provided that such entity is not identified on the SDN List. Non-U.S. … License (GL) 116 authorizing U.S. persons to engage in all transactions with any entity… Read more

49. If I reject a transaction or block property as a consequence of OFAC sanctions obligations, when do I have to report the action to OFAC? How do I submit the report?

… on blocked property. (For more information on Annual Reports of Blocked Property, see FAQ 50 .) Date Updated: October 26, 2026 … on blocked property. (For more information on Annual Reports of Blocked Property, see FAQ 50 .) Date Updated: October 26, 2026 …

Frequently Asked Questions

Office of Terrorism and Financial Intelligence