NIS Requests New License from the U.S. Department of the Treasury to Postpone Sanctions

The company NIS has submitted a new request to the U.S. Department of the Treasury for the issuance of a special license that would postpone the full implementation of sanctions and allow the company to continue its operational activities without interruption after September 26, when the deadline se

19.09.2025. 12:44

NIS Requests New License from the U.S. Department of the Treasury to Postpone Sanctions

The request was submitted on September 18, NIS announced.

The company also submitted a request to the U.S. Department of the Treasury on March 14 to be removed from the SDN List (Specially Designated Nationals), which is a complex and lengthy process.

So far, the full implementation of sanctions against NIS has been postponed six times on the basis of special licenses issued by the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury.

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