OFAC FAQ (Current) # 1162 - North Korea Sanctions

Date issued: Feb. 15 2024

Last substantive commentary amendment:
Feb. 16 2024

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TURBOFAC Commentary (61 words)

Notes:

1) This FAQ clarifies that an NGO that does not receive a "may not rely" notification by the State Department "may proceed with the activities described" in its notification report. As of 2-18-24, this is a unique "right of refusal" provision; no other OFAC-administered GLs are conditioned upon prior notification of this type or any other type.