Iran ofac general licenses

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August undefined, 2024

WebOct 26, 2024 · The U.S. Treasury’s Office of Foreign Assets Control (OFAC) on Feb. 27, 2024 issued General License 8 “Authorizing Certain Humanitarian Trade Transactions Involving … WebFinally, OFAC has also issued a general license to allow nongovernmental organizations (NGOs) to engage in not-for-profit activities in Syria in support of humanitarian projects, democracy-building, education, and non-commercial development projects directly benefitting the Syrian people.

Publication of Iranian Transactions and Sanctions …

WebLicense Authorization There are two very different types of license authorization that are offered by OFAC. The first is general license authorization where the authorization does not come from any piece of paper that the government gives … WebConsultation is available via toll free 1- (877) 687-7558. Harvard Law School Zaher Fallahi, Iran OFAC License Attorney-CPA, has completed “Negotiation and Leadership”, and “Leveraging the Power of Emotions as You Negotiate” Certificate Programs at Harvard Law School. Massachusetts Institute of Technology (MIT) cisco catalyst 9200 software

Three new General Licenses expand scope of COVID-19-related …

WebMar 31, 2024 · General Licenses. OFAC issues general licenses in order to authorize activities that would otherwise be prohibited with regard to the Global Magnitsky sanctions program. General licenses allow all US persons to engage in the activity described in the general license without needing to apply for a specific license. WebA DC OFAC and white collar defense lawyer talks about the general licenses that apply to Iran’s country-based sanctions and donating to charity. Required. NOT A GOVERNMENT SITE . For a consultation call (202) 517-1611 . Home; ... require a specific license, but OFAC tends to have a positive licensing policy for such goods. The person would ... WebOct 29, 2024 · The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing General License M, "Authorizing the Exportation of Certain Graduate Level Educational Services and Software" and a new Frequently Asked Question. In addition, OFAC has updated its Specially Designated Nationals and Blocked Persons List: diamond resorts calendar 2020

31 CFR § 560.530 - LII / Legal Information Institute

OFAC Revokes General License H and Takes Other Steps to …

WebOct 26, 2024 · The U.S. Treasury’s Office of Foreign Assets Control (OFAC) on Feb. 27, 2024 issued General License 8 “Authorizing Certain Humanitarian Trade Transactions Involving the Central Bank of Iran” and related FAQs in conjunction with the formalization of the Swiss Humanitarian Trade Arrangement (SHTA), which became fully operational the same day. WebIran General License (No. F) - Authorizing Certain Services in Support of Professional and Amateur Sports Activities and Exchanges Involving the United States and Iran Iran General License (No. E) - Authorizing Certain Services in Support of Nongovernmental Organizations’ Activities in Iran cisco catalyst 9200 48 portWebAug 6, 2024 · The ITSR is the primary set of regulations that make up the country-based sanctions against Iran. In addition, OFAC posts on its websites general licenses on an as-needed basis. Longstanding general licenses from the website are eventually incorporated into the text of the regulations. cisco catalyst 9105ax series-wallplate

"WebOct 13, 2024 · Start Preamble AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Publication of a web general license. SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one general license (GL) issued pursuant to the Iranian Transactions and Sanctions Regulations: GL D-2, which was previously made … " - Iran ofac general licenses

Iran ofac general licenses

Iran-related Designation Updates; Issuance of Iran-related General ...

WebApr 13, 2024 · On April 6, the Department of the Treasury published an Enforcement Release detailing Microsoft Corporation’s settlement with the Treasury’s Office of Foreign Assets Control (“OFAC”) for $2,980,265.86, relating to alleged violations of OFAC’s Cuba, Iran, Syria, and Ukraine-/Russia-related sanctions programs. This settlement was part of a … WebSep 27, 2024 · The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing two general licenses (GLs) issued pursuant to the Iranian Transactions and …

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WebOne important general license authorizes the exportation of certain computers, cell phones, and other devices and technologies to Iran. This broad authorization was granted in an … WebJun 28, 2024 · General License I. Along with General License H, on January 16, 2016, OFAC issued a Statement of Licensing Policy for Activities Related to the Export or Re-export to Iran of Commercial Passenger Aircraft and Related Parts and Services (SLP) allowing companies to apply for specific licenses to supply commercial passenger aircraft or …

WebMar 31, 2024 · General Licenses. OFAC issues general licenses in order to authorize activities that would otherwise be prohibited with regard to the Global Magnitsky … WebApr 12, 2024 · The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 62, "Authorizing the Wind Down of Transactions Involving Holdingovaya Kompaniya Metalloinvest AO, MegaFon PAO, Limited Liability Company USM Telecom, or Akkermann Cement Ca Limited Liability Company", General …

WebJun 17, 2024 · The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Syria General License 21, Venezuela General License 39, and Iran General License N, "Authorizing Certain Activities to Respond to the Coronavirus Disease 2024 (COVID-19) Pandemic" and related Frequently Asked Questions ( 906, 907, 908, 909, 910, and 911 ).

WebJan 3, 2024 · OFAC added a new general license at ITSR 560.530(a)(5) to authorize the export/re-export to Iran of software and services necessary for the operation, …

WebMar 3, 2024 · On February 27, 2024, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued a new Counter Terrorism and Iran-related General License No. 8 (“GL 8”) together with new frequently asked questions (“FAQs”) about the general license and the Swiss Humanitarian Trade Arrangement (“SHTA”). New GL 8 authorizes US … cisco catalyst 9300-24t-a switchWebExcept as otherwise authorized pursuant to this part, and notwithstanding any contract entered into or any license or permit granted prior to May 7, 1995, any new investment by a United States person in Iran or in property (including entities) owned or controlled by the Government of Iran is prohibited. cisco catalyst 9136 datasheetWebJul 6, 2024 · OFAC’s recent general licenses for Iran, Syria, and Venezuela authorize a number of activities that were previously prohibited under the relevant U.S. sanctions. However, while additional COVID-related transactions are now authorized, each of the three new general licenses contains significant nuance, and U.S. Persons should review the ... cisco catalyst 9200 datasheet pdfWebIn order to obtain the one-year specific license described in paragraph (a) (1) (i) of this section, the exporter must provide to OFAC: ( 1) The applicant's full legal name (and, if the applicant is a business entity, the state or jurisdiction of incorporation and … cisco catalyst 9200 and 9200l stack moduWebAug 25, 2024 · Welcome to OFAC's new website! April 03, 2024 - Miscellaneous Global Magnitsky Designation; Issuance of Global Magnitsky General License and Frequently Asked Question March 31, 2024 - Sanctions List Updates Settlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Uphold HQ Inc. diamond resorts carnforthWebSep 23, 2024 · The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Iran General License D-2 "General License with Respect to Certain Services, … cisco catalyst 9300 automated provisioningWebApr 14, 2024 · Pursuant to an OFAC general license, U.S. person NGOs are permitted to engage in humanitarian projects to meet basic human needs in Iran, including the donation of health-related services. Additionally, NGOs can transfer up to $500,000 per year to Iran in support of such activities. diamond resorts charlotte sc