OFAC PUBLISHES 2 NEW FAQ RELATING TO COUNTERING AMERICA’S ADVERSARIES THROUGH SANCTIONS ACT (CAATSA) AND AMENDS 2 OTHERS

On 5 January, OFAC issued 2 new FAQ 869 (Do the same non-blocking sanctions apply to entities owned 50 percent or more by the listed person?) and 870 (re persons on the Non-SDN Menu-Based Sanctions List – the NS-MBS List – with indications that the person was subject to the loan and credit-related sanction) re Ukraine/Russia-related sanctions.  It also amended FAQ 545 (definitions) and 546.

https://content.govdelivery.com/accounts/USTREAS/bulletins/2b436b5

If you would like to make a (polite) gesture and make a (very) modest contribution to my ongoing with my relocation, removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s