Treasury Issues Sanctions License for Anco Water Supply
Published Date: 6/10/2026
Rule
Summary
The Treasury’s Office of Foreign Assets Control (OFAC) officially published General License 2, which lets certain water treatment and distribution transactions with Anco Water Supply Co. Ltd. happen, even though sanctions usually block them. This change helps companies involved in drinking water services keep things flowing smoothly without breaking the rules. The license took effect on April 23, 2026, so affected businesses should act now to stay compliant and avoid penalties.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Authorized Water Service Transactions with Anco
You may engage in transactions that are ordinarily incident and necessary to the treatment or distribution of drinking water with Anco Water Supply Co. Ltd. or any entity in which Anco owns, directly or indirectly, a 50 percent or greater interest. This authorization comes from OFAC General License 2 and took effect on April 23, 2026.
Authorization Limited—Other Blocked Persons Excluded
General License 2 does not authorize transactions involving any person blocked under the Cyber-Related Sanctions Regulations other than the blocked persons described for Anco and its 50%+ owned entities. Transactions with other blocked parties remain prohibited unless separately authorized.
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Key Dates
Department and Agencies
Related Federal Register Documents
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