OFAC FAQ (Current) # 231 - Syria Sanctions

Date issued: Jun. 05 2024

Last substantive commentary amendment:
Jun. 06 2024

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TURBOFAC Commentary (94 words)

Notes:

1) On 6-5-24, OFAC amended FAQ # 231 to (i) update the reference from “OFAC General License No. 11” to 542.516, (ii) specify that NGOs can rely on “official business” GLs or the “non-regime held areas” GL where the NGO GL at 542.516 doesn’t apply.

2) It is notable that OFAC uses “activities [being] funded” by the USG and international organizations as shorthand for such activities qualifying for the “official business” GLs.

3) See generally General Note on GLs Authorizing Transactions of and Related to Nongovernmental Organizations (NGOs) (System Ed. Note).