NEWS

OFAC News on General Licenses

1. According to E.O.s 13694 and 13757, only limited dealings are allowed (up to 5000 $/year) with Russia’s Federal Security Service, known as Federalnaya Sluzhba Bezopasnosti (FSB).

Read the full description from here:

https://www.treasury.gov/resource-center/sanctions/Programs/Documents/cyber_gl1.pdf

2. Regarding Panama, an amendment to Kingpin Act has been released with two General Licenses 5c and 6c.

Read the full description from here:

https://auth.treasury.gov/resource-center/sanctions/Programs/Documents/kingpin_gl5c.pdf

https://auth.treasury.gov/resource-center/sanctions/Programs/Documents/kingpin_gl6c.pdf

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