OFAC amends Nicaragua Sanctions Regulations and Ukraine-related General Licenses
Effective 17th July 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) amended the Nicaragua Sanctions Regulations (85 FR 43436). Additionally, OFAC added a general license to authorize “certain United States government activities.”
OFAC has also amended Ukraine-related General Licenses No. 13O (“Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in GAZ Group”) and 15I (“Authorizing Certain Activities Involving GAZ Group”).
For further information see the OFAC Recent Actions notice.