OFAC FAQ 4

Are there exceptions to the prohibitions? (version of 2023-03-22)

SupersededLength: 68 wordsOfficial source

Cite as OFAC FAQ 4 (version of 2023-03-22)

Question: Are there exceptions to the prohibitions? Answer: Yes. OFAC regulations often provide general licenses authorizing the performance of certain categories of transactions. OFAC also issues specific licenses on a case-by-case basis under certain limited situations and conditions. Guidance on how to request a specific license is found below and at 31 C.F.R. 501.801. To apply for a specific license, please go to our License Application Page .
Cross-references to the CFR
https://www.ecfr.gov/current/title-31/subtitle-B/chapter-V/part-501/subpart-E/section-501.801https://www.ecfr.gov/current/title-31/subtitle-B/chapter-V31 C.F.R. 501.801
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