Ukraine-/Russia-related Designations and Identification Update; Syria Designations; Kingpin Act Designations; Issuance of Ukraine-/Russia-related General Licenses 12 and 13; Publication of New FAQs and Updated FAQ
OFAC RSS Feed 2018-06-03
Summary:
Today, the Department of the Treasury's Office of Foreign Assets Control (OFAC) is designating certain persons pursuant to the Ukraine-/Russia-related authorities and two persons pursuant to the Government of Syria authorities. In addition, OFAC is issuing the following two Ukraine-/Russia-related general licenses in connection with these designations: General License 12 "Authorizing Certain Activities Necessary to Maintenance or Wind down of Operations or Existing Contracts"; General License 13 "Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or other Holdings in Certain Blocked Persons". OFAC is also publishing eight new FAQs relating to today's action and publishing one updated FAQ related to the Countering America’s Adversaries Through Sanctions Act (CAATSA).