OFAC FAQ (Current) # 1016 - Russian Harmful Foreign Activities Sanctions

Date issued: Mar. 08 2022

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TURBOFAC Commentary (91 words)

Notes:

1) Refer generally to comments to EO 14066 and Russia-related General License 16. GL 16 is a not a standard wind-down GL, but refer generally to Examples of Transactions Deemed to Be, and Not to Be, Within the Scope of the Standard “Wind-Down” and “Maintenance” GLs. As noted in the comments to EO 14066, this FAQ has implications for the relationship between the import prohibition and the facilitation prohibition, i.e. as it relates to transactions that facilitate the importation into third countries of covered oil products.