ARTICLE
19 February 2021

Department Of State Revokes Designation Of Ansarallah As Foreign Terrorist Organization

CW
Cadwalader, Wickersham & Taft LLP

Contributor

Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
Additionally, OFAC deleted certain Ansarallah-related names from the Specially Designated Nationals and Blocked Persons List.
United States Government, Public Sector

The U.S. Department of State revoked the counterterrorism designations of Ansarallah that had blocked the group from engaging in transactions with U.S. persons, pursuant to the Global Terrorism Sanctions Regulations, the Foreign Terrorist Organizations Sanctions Regulations and Executive Order 13224.

As a result, the OFAC revoked General Licenses Nos. 9, 10, 11, 12 and 13, which authorized certain transactions involving Ansarallah (see previous coverage here and here). Additionally, OFAC deleted certain Ansarallah-related names from the Specially Designated Nationals and Blocked Persons List.

OFAC stated that U.S. persons can now engage in transactions or activities with Ansarallah without OFAC's authorization, as long as such dealings are not otherwise prohibited.

Commentary

Ansarallah is supported by Iran and is viewed as hostile to Saudi Arabia. See, e.g., Iran Deplores US for Blacklisting Yemen's Ansarullah. This decision by the State Department may signal further changes in U.S. policy as reflected through its sanctions.

Primary Sources

  1. OFAC Recent Actions: Revocation of Counter Terrorism General Licenses; Counter Terrorism Designations Removal and Updates; Yemen-related Designations Updates

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More