OFAC Regulatory Provisions - 31 CFR § 501.801 Licensing.

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.

TURBOFAC Commentary (707 words)

Notes:

1) JUNE, 2019 AMENDMENTS

This provision was amended substantially in June, 2019. The following are the notable changes.

*The NGO Registration procedures have been removed. With the removal of the , NGOs no longer need to formally register with OFAC in order to qualify for any NGO-specific general licensees.

*Another notable change is the addition note that "[l]icense applications submitted to OFAC and specific licenses issued by OFAC are subject to the FOIA and generally will be released upon the receipt of a valid FOIA request." In practice, OFAC interprets the FOIA exemptions quite broadly, such that the applicants are contacted prior to any release of information, even where the applicants have not specifically requested confidential treatment or otherwise indicated that the application submitted contains information qualifying for one or more FOIA exemptions....

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31 CFR § 501.801 Licensing.

TURBOFAC Commentary (707 words)