OFAC Issues New License for International Criminal Court Sanctions
Published Date: 8/13/2025
Rule
Summary
The Treasury’s Office of Foreign Assets Control (OFAC) just rolled out a new general license under the International Criminal Court-Related Sanctions. This update affects people and businesses dealing with certain restricted countries or entities, letting them know what’s allowed and what’s not. Keep an eye on the rules to avoid fines or delays—these changes are effective right away!
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
OFAC Issues General License GL1
OFAC published General License 1 (GL1) under the International Criminal Court-Related Sanctions Regulations. If you or your business deal with restricted countries or entities covered by these sanctions, GL1 explains which transactions are allowed and which are prohibited. The changes are effective right away.
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Key Dates
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Related Federal Register Documents
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