Frequently Asked Questions

1261. If my delisting petition requesting removal from an OFAC's sanctions list is denied, may I petition for removal again?

… your property have been listed by OFAC on one of OFAC's sanctions lists, and OFAC denied your delisting petition, you may reapply using the same process as the initial delisting petition (see FAQ 897 ); however, you will need to present new arguments or… Read more

897. How can I ask OFAC to remove me or my organization from an OFAC sanctions list?

… listed by the Department of State on an OFAC-administered sanctions list, please see Sanctions Delisting - United States Department of State for information about the State Department's review … Portal , you can submit a petition for administrative reconsideration (also… Read more

576. Under what circumstances can OFAC give further sanctions relief to RUSAL or any other entity in which RUSAL owns, directly or indirectly, a 50 percent or greater interest?

… other adverse information and consistent with the facts and circumstances of any petition for delisting, the path for the United States to provide sanctions relief is through divestment and … other adverse information and consistent with the facts and circumstances of any… Read more

587. Under what circumstances can OFAC give further sanctions relief to GAZ Group or any other entity in which GAZ Group owns, directly or indirectly, a 50 percent or greater interest?

207. What were the criteria for Treasury's CISADA finding against Bank of Kunlun? How many other institutions were you looking at and why did you decide to take action against Bank of Kunlun?

… against Iraq's Elaf Islamic Bank on July 31, 2012. On May 17, 2013, Elaf Islamic Bank was delisted and its name was removed from the Part 561 List . … against Iraq's Elaf Islamic Bank on July 31, 2012. On May 17, 2013, Elaf Islamic Bank was delisted and… Read more

1100. I am a U.S. person that owns debt or equity, including publicly traded shares, in Pingtan Marine Enterprise, Ltd. (PME), which was designated under Executive Order (E.O.) 13818. What actions am I authorized to take under Global Magnitsky General License 3?

… This authorization includes transactions ordinarily incident and necessary to the delisting of PME from a U.S. securities exchange. However, GL 3 does not authorize U.S. persons … This authorization includes transactions ordinarily incident and necessary to the … Read more

1196. What should I do if I blocked and reported property in error due to mistaken identity or typographical or similar errors?

… a specific license nor a Compliance Release is required to unblock property when a person is delisted from the Specially Designated Nationals and Blocked Persons List. The Compliance Release … a specific license nor a Compliance Release is required to unblock property when a… Read more

Frequently Asked Questions

Office of Terrorism and Financial Intelligence