Date issued: Mar. 05 2018
Last substantive commentary amendment:
Feb. 17 2024
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1) With the exception of 510.206(b), which is unique to the NKSR, this IEEPA-based export ban is, for practical purposes and as a general matter, extremely similar to the analogous provision of the ITSR (560.204). Given that 560.204 is arguably the single most frequently interpreted and enforced provision in the entirety of OFAC's sanctions regulations, one should look to the interpretations of that provision for guidance on the manner in which OFAC is likely to interpret this provision. Note that 510.405, interpreting the export ban, is substantively identical with the ITSR analogue, 560.410. Refer to Notes Common to “Provision of services” Interpretive Provisions (System Ed. Note).
With respect to the significance of 510.206(b),...