OFAC FAQ (Current) # 1140

Date issued: Nov. 16 2023

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TURBOFAC Commentary (77 words)

Notes:

1) See comments to Western Balkans General License (No. 3). This FAQ does not provide much information not otherwise discernible from the text of the GL, but the FAQ does articulate OFAC's standard "non-U.S. persons generally would not face sanctions risk for engaging in activities authorized for U.S. persons" policy. Refer generally to General Note on "Counterfactual Secondary Sanctions and Derivative Designation Safe Harbors" in Certain OFAC Guidance and FAQs (System Ed. Note).