Date issued: Oct. 18 2023
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As it relates to this particular item, OFAC removed the otherwise major restriction at paragraph (e)(1) stating that the GL did not authorize "U.S. persons to purchase or invest in, or to facilitate the purchase of or investment in, directly or indirectly, GL 3H Bonds, other than purchases of or investments in GL 3H Bonds that are ordinarily incident and necessary to the divestment or transfer of holdings in GL 3H Bonds," and the requirement that divestments must be to a non-U.S. person has also...