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OFAC |
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In April, OFAC told ANERA president Peter Gubser that the charity must sever all ties with the Palestinian Authority. The Electronic Payments Network (EPN), has launched the industry's first centralized OFAC screening solution for financial institutions originating and receiving cross-border ACH transactions. It is a violation of the Trading With the Enemy Act for Americans to spend money on Cuban soil without OFAC approval, which typically takes several months to secure and is only bestowed on Cuban Americans and religious, cultural, and educational groups. |
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