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…
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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.)