In response to the global COVID-19 pandemic, the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) released a Fact Sheet on April 16, 2020 regarding provisions related to humanitarian assistance and trade under U.S. economic sanctions programs.  While it does not broaden authorizations for humanitarian transactions or include material new information, the Fact Sheet helpfully summarizes in one place OFAC’s existing resources relating to such transactions.

Our memorandum provides a consolidated table of resources and guidance in relation to the exemptions, exceptions, and authorizations for humanitarian assistance and trade under OFAC-administered sanctions programs, and related guidance and responses to Frequently Asked Questions.

If you have any questions regarding the matters covered in this publication, please reach out to any of the lawyers listed below or your usual Davis Polk contact.

This communication, which we believe may be of interest to our clients and friends of the firm, is for general information only. It is not a full analysis of the matters presented and should not be relied upon as legal advice. This may be considered attorney advertising in some jurisdictions. Please refer to the firm's privacy notice for further details.

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