OFAC FAQ (Current) # 91 - Basic Information on OFAC and Sanctions (PDF contains previous versions)

Date issued: Aug. 21 2024

Last substantive commentary amendment:
Aug. 22 2024

TURBOFAC Commentary (136 words)

Notes:

1) FAQ amended on 8-21-24 concurrent with Modernizing Treasury’s Office of Foreign Assets Control (Press Release), detailing several modernization efforts, including the updating of a number of general interest FAQs containing dated language. This FAQ does not appear to provide guidance in a way that adds to or deviates from OFAC’s other modern guidance. The comments below were drafted (not amended) prior to the 8-21-24 amendment.

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Notes:

1) FAQ amended on Aug. 11, 2020 "to reflect that Sudan has not been a comprehensively sanctioned country since October 12, 2017" (see https://web.archive.org/web/20221207223105/https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20200811). No substantive change from the original other than the flagging of the issue that certain persons are blocked even when they do not appear on the SDN list.