ARTICLE
7 November 2019

OFAC Issues General License On Authorized Transactions With Iran-Related Entity

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Cadwalader, Wickersham & Taft LLP

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OFAC issued a general license authorizing certain activities involving an entity designated under Iran-related sanctions
United States International Law
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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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