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) Compare Treasury Sanctions Entities for Transporting Oil Sold Above the Coalition Price Cap to Restrict Russia’s War Machine, and see comments thereto and the Voliton DMCC component of Treasury Tightens the Price Cap with New Sanctions and Updated Guidance. Up through the designation of Voliton DMCC, OFAC's price cap-related designations involved the transport of Russian-origin oil above the price cap where there was U.S. service provider involvement, suggesting that the transactions resulting in the designation entailed a primary sanctions violation. With Voliton DMCC, this wasn't the case, but OFAC suggested that Voliton DMCC engaged in evasive activities. This designation falls somewhere in the middle. OFAC initially designated a subsidiary of Hennesea and a related vessel for “having engaged in the transport of crude oil of Russian Federation origin priced above the $60 per barrel price cap while using a...