Case No. IA-2018-357400-1

Date issued: Sep. 16 2019

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TURBOFAC Commentary (268 words)

Notes:

1) Redactions make it impossible to know what Thompson Reuters Corporation was asking OFAC about, but whatever it was, it appears to be something for which the informational materials exemption would apply to persons blocked solely pursuant to IEEPA-based authorities, but not entities blocked pursuant to the GTSR, for which the informational materials exemption does not apply. (See General Note on the Applicability of IEEPA/TWEA Exemptions in EOs and Sanctions Regulations not Specifically Mentioning Them).

Of note, in Thompson Reuters Corporation’s annual report for the year ended December 31, 2019, Thompson Reuters Corporation reported as follows:

During 2019, one of our non-U.S. subsidiaries sold Reuters text newswires and video broadcast services products to one customer covered by the ITRA. These sales were exempt from applicable U.S. economic sanctions...