OFAC General License Authorizes Legal Services, Etc. to Blocked Persons in Libya
The Office of Foreign Assets Control has issued General License No. 3 under Executive Order 13566, which authorizes the provision of certain legal services to or on behalf of the Government of Libya, its agencies, instrumentalities, and controlled entities, including…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
the Central Bank of Libya, or any other person whose property and interests in property are blocked pursuant to EO 13566, provided that all receipts of payment of professional fees and reimbursement of incurred expenses must be specifically licensed. The complete text of General License No. 3 is available here. (See ITT's Online Archives or 03/07/11 and 03/02/11 news, 11030747 and 11030260, for BP summaries of OFAC's issuance of General License Nos. 1A and 2 under EO 13566, respectively.)