Ed. Note: if you’re new to TURBOFAC, please take note that the text string filtration function generally shouldn’t be used for terms such as “ordinarily resident,” “causing” or “new debt”. For research on the meaning of words and phrases such as those, i.e. terms central to the key legal issues in sanctions law that appear on a cross-programmatic basis, you’re typically better off locating and checking the appropriate box in the “Key Legal Issues” search category, which will limit the results to those that have been manually assessed as being relevant for the interpretation of the terms at issue.
Try typing your search term (“ordinarily resident,” “new debt,” or something else) in the “Find a Search Filter” box at the top of the page, and the corresponding “Key Legal Issues” check box will pop up instantly, if one exists. Once you check the box (e.g. “new debt,” with ~55 results), you can always use the text string filtration function to further refine your search (e.g. by typing “invoice” and narrowing the ~55 results to ~10).
Note in addition that the same applies to text string searches such as “14071” (if you’re looking for items related to EO 14071). By typing “14071” in the “Find a Search Filter” field up top, you will be able to instantly narrow the results down to items manually assessed as relating to EO 14071. Ditto terms such as “515.204” or “Iran General License G” (try the “Discrete Legal Provision” search category).
Please contact [email protected] or [email protected] with any questions on search results and efficiency.
Please click "Apply Text String Filters" again after clicking the "Close" button immediately below.
1) This presentation is notable for a few data points that do not appear to be available anywhere else.
Slide 43: OFAC relays that the enforcement division opened almost 800 cases in FY 2016, closing almost 1,000, of which virtually all resulted in no action letters or cautionary letters.
Slide 114: Illustration of operation of 515.584(g) (in re: processing of travelers checks).
Slide 60: "In FY 2016, Licensing received over 10,000 applications".
Slide 90: Descriptions (beyond that which is discussed in the RPPR at section 501.801) of specific license requirements, i.e.:
When applying for a license, be sure your request:
• specifies both the proposed transaction and why you believe it is prohibited/ what is the sanctions nexus;
• clearly identifies all parties involved, directly or tangentially, in the transaction(s) at...