OFAC Licenses Explained: General vs Specific

Описание: Sanctions are not always an absolute “no.” In many cases, the real question is whether a license allows the activity. This video introduces OFAC licenses and how they fit into your compliance analysis.

You’ll learn:
What an OFAC license is and why it matters
The difference between a general license (pre‑issued, anyone can rely if conditions are met) and a specific license (case‑by‑case authorization after application)
Typical use cases, such as humanitarian and certain trade‑related activities, and how to spot when you may need to consult counsel on a specific license application

This video is for educational purposes only and does not constitute legal advice.

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