OFAC GENERAL LICENSE AUTHORISING NON-COMMERCIAL PERSONAL REMITTANCES TO AFGHANISTAN

On 10 December, OFAC issued General License 16 providing an exception to the 2001 Executive Order imposing sanctions, in an effort to help alleviate the problems of the population of Afghanistan.  Under the License, non-commercial, personal remittances do not include charitable donations of funds to or for the benefit of an entity or funds transfers for use in supporting or operating a business, including a family-owned business.  OFAC also issued an amended FAQ 931 and new FAQ 939.

https://home.treasury.gov/system/files/126/ct_gl16_1.pdf

https://home.treasury.gov/policy-issues/financial-sanctions/faqs/949

https://home.treasury.gov/policy-issues/financial-sanctions/faqs/931

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymea3coffee.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

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