United States:
OFAC Issues General License On Authorized Transactions With Iran-Related Entity
07 November 2019
Cadwalader, Wickersham & Taft LLP
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OFAC issued a general license authorizing certain
activities involving an entity designated under Iran-related
sanctions.
Pursuant to General License K, OFAC authorized certain
activities necessary to maintain or wind down transactions
involving Cosco Shipping Tanker (Dalian) Co., Ltd until December
20, 2019.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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