OFAC renews 2 Panama general licences

OFAC has published 2 new general licences, which renew prior authorisations of certain transactions relating to the winding down of a sanctioned luxury Panamanian mall and 2 sanctioned Panamanian newspapers until 10 March 2017 and 13 July 2017 respectively. The entities in question are all designated under US sanctions on Foreign Narcotics Kingpins. The licences…