Treasury Department Issues Web General License for Cyber-Related Sanctions
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On June 10, 2026, the Department of the Treasury published an important document in the Federal Register. The Office of Foreign Assets Control (OFAC) has issued a new Web General License, known as GL 2. This license is part of the Cyber-Related Sanctions Regulations, under 31 CFR Part 578.
The purpose of General License 2 is to allow certain transactions that are usually not allowed. These transactions involve Anco Water Supply Co. Ltd. and help with the treatment and distribution of drinking water. The license makes sure that even if there are sanctions, people can still have access to clean water.
GL 2 was first issued on April 23, 2026. The license was published on OFAC’s website, which can be visited here: OFAC Website.
The license has some rules. It allows transactions with Anco Water Supply Co. Ltd., but only if they help with drinking water. If Anco Water Supply Co. Ltd. owns 50% or more of another company, those transactions can also be allowed. However, it does not allow other kinds of transactions that are still blocked by the Cyber-Related Sanctions Regulations.
If you want more information, you can contact OFAC’s Assistant Director for Regulatory Affairs at 202-622-4855 or visit their website for more details.
The Director of OFAC, Bradley T. Smith, signed the document. This action shows that the Treasury Department is working to balance sanctions with important needs like clean water.
This announcement is available in Volume 91, Number 111 of the Federal Register, as [FR Doc No: 2026-11592]. It was filed on June 9, 2026.
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