In addition to providing guidance on specific sanctions programs, OFAC provides information on a number of sanctions-related issues that span multiple programs or that may affect specific industries. Complete List of Sanctions Programs and Country Information.Callers can use OFACs automated license application status hotline (accessible through the 20 number) to check on the status of their application. Click here for information about an OFAC "Country List." Applicants are encouraged to wait at least two weeks before telephonically contacting the Licensing Division at (202) 622-2480 to inquire about the status of their application. The sanctions can be either comprehensive or selective, using the blocking of assets and trade restrictions to accomplish foreign policy and national security goals. OFAC administers a number of different sanctions programs. Sanctions Programs and Country Information Additional Information About OFAC Licenses.Information About OFAC's Sanctions List Search Tools.OFAC provides a free, online application to enable users to simultaneously search all of its sanctions lists.Ī license is an authorization from OFAC to engage in a transaction that otherwise would be prohibited (e.g. Information on the latest changes to OFAC's site can be found below. OFAC updates its website on a regular basis. It also lists individuals, groups, and entities, such as terrorists and narcotics traffickers designated under programs that are not country-specific. OFAC publishes lists of individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries.
0 Comments
Leave a Reply. |