Opportunity
Federal Register #2026-19421
OFAC General License 12 for ICC-Related Sanctions – Wind Down Authorization
Buyer
Treasury Department, Office of Foreign Assets Control
Posted
September 23, 2026
Identifier
2026-19421
This opportunity relates to the publication of General License 12 under the International Criminal Court-Related Sanctions Regulations by the Department of the Treasury's Office of Foreign Assets Control (OFAC). - Government Buyer: - Department of the Treasury - Office of Foreign Assets Control (OFAC) - No products or services are being procured - No OEMs or vendors are mentioned - General License 12 authorizes the wind down of transactions involving certain blocked persons: - Abdoulaye Seye - Tomoko Akane - Entities in which these individuals hold a 50% or greater interest - Permitted transactions must be ordinarily incident and necessary to winding down - Payments to blocked persons must be made into blocked interest-bearing accounts in the United States - The publication provides legal and procedural guidance related to sanctions compliance - No procurement activity, contract value, or competition is involved
Description
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing General License 12 issued pursuant to the International Criminal Court-Related Sanctions Regulations. This general license authorizes the wind down of transactions involving certain blocked persons as specified, valid through September 17, 2026. The publication provides legal and procedural information related to sanctions regulations and was previously available on OFAC's website. The document includes details on authorized transactions and restrictions under the sanctions regulations.