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OFAC’s CACR changes FAQ, Part II: Travel
II. Travel For questions regarding travel and accompanied baggage between the United States and Cuba, please see the specific guidance on OFAC’s webpage. What are the travel authorizations in the Cuba...
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OFAC’s CACR Changes FAQ, Part 3: Remittances
IV. Remittances 37. What changes have been made with respect to authorized remittances by U.S. persons to Cuba? Effective September 21, 2015, the dollar limits on generally licensed donative...
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OFAC’s CACR changes FAQ, part 4: Banking
V. Banking Are authorized travelers permitted to open bank accounts in Cuba? Under a new general license, persons subject to U.S. jurisdiction who are traveling to Cuba pursuant to one of the 12...
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OFAC’s CACR changes FAQ, Part 5: Trade/Business
Is Cuba open for U.S. business and investment? Persons subject to U.S. jurisdiction are prohibited from doing business or investing in Cuba unless licensed by OFAC. An OFAC general license authorizes...
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OFAC’s CACR changes FAQ, part 6: Telecommunications
VII. Telecommunications 61. What types of telecommunications services are recently authorized under general license? Effective January 16, 2015, OFAC issued an expanded general license which, subject...
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OFAC’s CACR changes FAQ, part 7: Third Party Effects
VIII. Third-Country Effects Are Cuban nationals located outside of Cuba still considered blocked? Yes, but any individual Cuban national who can establish that he or she has taken up permanent...
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OFAC’s CACR changes FAQ, part 8: Miscellany
IX. Miscellaneous 69. Are specific licenses still required for transactions relative to the administration of a Cuban estate? Previously, a specific license was required for certain estate-related...
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Notice to Exporters 2015/22: ECO publishes licensing statistics
Beyond the raw statistics, ECO's release states: For the first time, these statistics have been produced to be compliant with the UK Statistics Authority’s code of practice for official statistics. In...
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September 29, 2015: Ending Q3 with a bang at OFAC (not a bomb)
On Tuesday, OFAC designated 25 individuals: AL-HARBI, Nasir Muhammad 'Awad al-Ghidani (a.k.a. AL-HARBI, Nasir Muhammad 'Iwad al-Ghaydani; a.k.a. “AL-GHAYDANI, Abu-Bilal”; a.k.a. “AL-HARBI, Abu-Bilal”;...
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October 1, 2015: People and entities and vessels, oh my!
Last Thursday, OFAC added the following persons: EL BEZRI, Ahmad (a.k.a. EL BIZRI, Ahmad); DOB 09 Feb 1989; POB Saida, Lebanon; citizen Lebanon; Passport RL2452947 (Lebanon) (individual) [SDNTK]...
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October 5, 2015: OFAC finds 3 more terrorists
On Monday, while Mr. Watchlist was in the air en route to Singapore, OFAC designated the following 3 persons: ATABIYEV, Islam Seit-Umarovich (a.k.a. ATABIEV, Islam; a.k.a. ATABIYEV, Islam; a.k.a....
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October 2, 2015: OFAC desgnates Aseel Muthana a terrorist
On Friday, OFAC designated the following person under its anti-terrorism sanctions program: MUTHANA, Aseel (a.k.a. “Abu Fariss”), Syria; DOB 1996 to 1997; nationality United Kingdom (individual)...
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October 7, 2015: OFAC is Unlucky for 13 Kingpins
On Wednesday, the Office of Foreign Assets Control (OFAC) designated the following 3 individuals: ROSENTHAL COELLO, Yankel Antonio, Contiguo Rio Santa Ana, Lote Residencial Fina Vieja, San Pedro Sula,...
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Notice to Exporters 2015/25: lots of updates
Twenty three Open General Export Licenses (OGEL) were updated: Open General Export Licence (OGEL) Principal reason for change(s) OGEL (Military Goods, Software and Technology) Ministry of Defence (MOD)...
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October 15, 2015: OFAC shuffles the counter-narcotics list
On October 15th, OFAC added the following person: PENG, Bo (a.k.a. “PENG, Kevin”); DOB 06 Dec 1983; POB Jiangsu, China; citizen China; Email Address kevinpengtech@gmail.com; alt. Email Address...
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October 20, 2015: OFAC adds Torek Agha, updates a bunch of terror listings
On Tuesday, OFAC added the following person: AGHA, Torek (a.k.a. AGHA, Torak; a.k.a. AGHA, Toriq; a.k.a. HASHAN, Sayed Mohammad; a.k.a. SAYED, Toriq Agha), Pashtunabad, Quetta, Pakistan; DOB 01 Jan...
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October 18, 2015: OFAC issues JCPOA Adoption Day statement and FAQ
On October 18th, OFAC issued the following statement, in addition to a new FAQ, related to the JCPOA Adoption Day: On July 14, 2015, the P5+1, the European Union, and Iran reached a Joint Comprehensive...
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OFAC’s JCPOA FAQ document
In its entirety… October 18, 2015 FREQUENTLY ASKED QUESTIONS RELATING TO ADOPTION DAY UNDER THE JOINT COMPREHENSIVE PLAN OF ACTION Q: What is Adoption Day? A: Adoption Day, which is October 18, 2015,...
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October 21, 2015: OFAC issues General License for Kingpin Act sanction
This is pretty rare – having a general license for a non-country sanctions program. This one is pretty straightforward – it authorizes transactions in order to wind down the operations of Banco...
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October 22, 2015: New FAQ regarding Iranian Diplomatic Missions
On the 22nd, OFAC issued a new FAQ regarding the JCPOA and delivery of routine goods and services by non-US persons to diplomatic missions of the Iranian government: 455. Is the provision of routine...
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