OFAC FAQ (Current) # 938 - Syria Sanctions

Date issued: Jun. 05 2024

Last substantive commentary amendment:
Jun. 06 2024

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TURBOFAC Commentary (227 words)

Notes:

FAQ amended on 6-5-24 in light of certain amendments to the NGO GL at 542.516. Of note, the term “not-for-profit” (which was deleted from the GL altogether) has been replaced with “non-commercial,” where it is presumed that the ultimate aim of the activity authorized in 542.516(b) will be non-commercial in nature (even if, on a transaction-specific basis, the NGO could profit from it). The FAQ was also amended to refer to the expanded nature of the GL as it relates to “environmental and natural resource protection; and disarmament, demobilization, and reintegration (DDR) programs and peacebuilding, conflict prevention, and conflict resolution programs.”

Note that the comments below appear as they did prior to the 6-5-24 amendment.

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1) This GL was issued concurrently with OFAC's announcement of a revised 542.516 of the...