Kingpin Act/Honduras-related general license
December 09, 2016
On December 9, 2016, OFAC published General License 1C, “Authorizing Certain Transactions and Activities to Liquidate and Wind Down Banco Continental, S.A.” General License 1C authorizes certain transactions and activities that would otherwise be prohibited pursuant to the Kingpin Act. This authorization expires on June 14, 2017, unless extended or revoked.