OFAC FAQ (Current) # 1043 - Syria Sanctions

Date issued: May. 12 2022

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TURBOFAC Commentary (88 words)

Notes:

1) See Syria General License 22, and comments thereto. The FAQ provides important interpretive guidance for discerning the meaning of the "sectors" identified in the GL. The statements concerning risk for non-U.S. persons engaging in activities otherwise authorized for U.S. persons is standard, as are the statements reminding that the SySR is distinct from the GTSR and Syria-related Sanctions Regulations. Refer generally to General Note on "Counterfactual Secondary Sanctions and Derivative Designation Safe Harbors" in Certain OFAC Guidance and FAQs (System Ed. Note).