Regulatory Alerts2026-02-26 | 20260226Nicaragua-related Designations; Issuance of Amended Russia-related General License and Associated Frequently Asked Questions
The Department of the Treasury's Office of Foreign Assets Control (OFAC) issued General License 131C to authorize certain transactions for the sale of Lukoil International GmbH and updated FAQs 1224 and 1225 regarding Russia-related sanctions. OFAC simultaneously designated five Nicaraguan individuals, including Johana Vanessa Flores Jimenez and Leonel Jose Gutierrez Lopez, to the Specially Designated Nationals List for enabling the Murillo-Ortega dictatorship's repression. These actions reflect ongoing enforcement against human rights abuses in Nicaragua and administrative adjustments to Russian energy sector sanctions.
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