Small Business Rule Changes — Wednesday, August 17, 2022

Vol. 1 · No. 75 — Wednesday, August 17, 2022

Small business rule changes: 3 entries flagged for owners.

Owner-readable summary of Federal Register, SBA, DOL, OFAC, and compliance updates published on Wednesday, August 17, 2022. Scanned 3 source documents matching small-business terms; 3 warranted a closer look.

Compliance checklist How to read the Register

Department of the Treasury· Rule

Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General Licenses 6, 6A, 6B, 25C, 30A, and 44

SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing six general licenses (GLs) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GLs 6, 6A, 6B, 25C, 30A, and 44, each of which was previously made available on OFAC's website.

Owner check — Sanctions/trade action: re-screen vendors, customers, owners, and foreign counterparties before transactions.

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Department of the Treasury· Rule

Publication of Venezuela Sanctions Regulations Web General Licenses 40 and 40A

SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing two general licenses (GLs) issued in the Venezuela Sanctions program: GL 40, which was previously made available on OFAC's website and is now expired, and GL 40A, which was also previously made available on OFAC's website…

Owner check — Sanctions/trade action: re-screen vendors, customers, owners, and foreign counterparties before transactions.

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Department of the Treasury· Rule

Publication of Venezuela Sanctions Regulations Web General Licenses 8I and 8J

SUMMARY: The Department of the Treasury's Office of Foreign AssetsControl (OFAC) is publishing two general licenses (GLs) issued in the Venezuela Sanctions program: GL 8I, which was previously made available on OFAC's website and is now expired, and GL 8J, which was also previously made available on OFAC's website and…

Owner check — Sanctions/trade action: re-screen vendors, customers, owners, and foreign counterparties before transactions.

Read full text →PDF