Publication of Kingpin Act/Panama-related General License

Today, the Department of the Treasury's Office of Foreign Assets Control (OFAC) published two Kingpin Act General Licenses: General License 5C, "Authorizing Certain Transactions and Activities Related to the Panamanian Government Seizure of Balboa Bank & Trust", and General License 6C, "Authorizing Certain Transactions and Activities Related to the Intervention by the Superintendency of Securities Markets of Panama in Balboa Securities, Corp."  These licenses extend existing authorizations regarding certain transactions and activities that would otherwise be prohibited pursuant to the Kingpin Act. Both authorizations expire on April 7, 2017, unless extended or revoked.