Skip to main content
Menu Icon Menu Icon
Close

InfoBytes Blog

Financial Services Law Insights and Observations

OFAC issues Afghanistan general licenses and related FAQs

Financial Crimes OFAC Department of Treasury Of Interest to Non-US Persons OFAC Designations Afghanistan

Financial Crimes

On September 24, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) issued two general licenses (GL) to support the ongoing flow of humanitarian efforts and other activities that support basic human needs in Afghanistan. GL 14, “Authorizing Humanitarian Activities in Afghanistan,” authorizes the U.S. government, nongovernmental organizations, and certain international organizations and entities, as well as those acting on their behalf, to engage in the provision of humanitarian assistance to Afghanistan or other activities that support basic human needs in Afghanistan. GL 15, “Transactions Related to the Exportation or Reexportation of Agricultural Commodities, Medicine, Medical Devices, Replacement Parts and Components, or Software Updates in Afghanistan,” authorizes certain transactions connected to the exportation or reexportation of agricultural commodities, medicine, and medical devices, replacement parts, components, and software updates for medical devices. OFAC also published updated four FAQs related to GLs 14 and 15 (see 928, 929, 930, and 931).

Share page with AddThis