Global Magnitsky, Non-Proliferation, and Venezuela-related Designations; Issuance of Global Magnitsky General License; Issuance of New and Amended Frequently Asked Questions
OFAC RSS Feed 2024-09-12
Summary:
The Department of the Treasury's Office of Foreign Assets Control (OFAC) has issued Global Magnitsky General License 8 - "Authorizing Transactions Involving Certain Entities Owned by Ly Yong Phat or L.Y.P. Group Co., LTD." Additionally, OFAC has issued a related, new Frequently Asked Question (FAQ 1191).
OFAC has also issued one new, and one amended, Russia-related Frequently Asked Questions (FAQ 1033 and FAQ 1192).
Lastly, OFAC has made the following changes to its SDN List.