On May 23, 2025, General License 25 (“GL 25” or the “General License”) was issued by the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), suspending a wide array of sanctions against Syria....more
6/17/2025
/ Blocked Person ,
Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
Energy Sector ,
Export Administration Regulations (EAR) ,
Export Controls ,
Foreign Policy ,
General Licenses ,
International Trade ,
Nuclear Weapons ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Requirements ,
Syria ,
U.S. Treasury ,
UK
The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) had a busy week last week. In addition to adding names of individuals to its list of Specially Designated Nationals (“SDNs”) and releasing its...more