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December 15, 2016: OFAC tweaks a few JCPOA whatchamacallits

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Two small clarifications made by OFAC on Thursday – two new JCPOA FAQs (M.4 and M.5) clarifying how snapback of the sanctions would work, and General License J has been superseded by General License J-1, which now authorizes reexport of aircraft that are subject to code sharing arrangements.

Links:

OFAC Notice

JCPOA FAQ

General License J-1


Filed under: Frequently Asked Questions (FAQ), Guidance, Joint Comprehensive Plan of Action (JCPOA) Updates, Licenses, OFAC Updates

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