Recent OFAC Actions
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OFAC has posted on its Web site Amended General License Number 14  , under its Burmese Sanctions Regulations, 31 C.F.R. part 537. This amended general license allows U.S. persons to make donations in support of not-for-profit humanitarian or religious activities in Burma, subject to certain conditions. The previously issued General License No. 14 authorized the transfer of funds in support of not-for-profit humanitarian or religious activities in Burma only if they involved U.S. or third-country NGOs. This amended general license expands the authorization for a period of 120 days to allow funding to any organization or individual engaged in not-for-profit humanitarian or religious activities in Burma, subject to certain conditions. Upon the expiration of Amended General License 14, the terms of the original General License No. 14 will remain in effect.
OFAC has posted on its Web site a new general license, General License Number 15 , under its Burmese Sanctions Regulations, 31 C.F.R. part 537, that allows U.S. financial institutions to process transfers of funds, unlimited in amount, for noncommercial, personal remittances to or from Burma, or for or on behalf of an individual ordinarily resident in Burma, subject to certain conditions. Prior to the issuance of this general license, noncommercial, personal remittances to Burma were permitted only insofar as total remittances did not exceed $300 per Burmese household in any consecutive three-month period. This new general license includes no such limitation.
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