Oct 19, 2026 — OFAC issues two PAIPA general licenses
Event summary
On Oct 19, 2026 OFAC issued two Protecting American Intellectual Property Act (PAIPA) general licenses: General License 1 and General License 2. The OFAC notice describes GL1 as authorizing transactions "Pursuant to the Cyber-Related Sanctions Regulations" and GL2 as "Authorizing the Wind Down of Transactions Involving Certain Entities Blocked on October 19, 2026." The retrieved OFAC excerpt does not list any designated entities or show a State Department announcement.
CHRONOS Wire · October 20 · Alert 13
Publication details
- Published
- Updated
- Revision
- r1
- Source
- U.S. Department of the Treasury, OFAC
Cliff Notes
- OFAC announced two PAIPA general licenses on Oct 19, 2026. Read the full GL texts before relying on permitted wind‑down or transaction authorizations.
U.S. Impact
U.S. Impact assessment pending.
ELI5: Plain-English Explanation
On Oct 19, 2026, the U.S. Treasury's Office of Foreign Assets Control (OFAC) issued two Protecting American Intellectual Property Act (PAIPA) general licenses: General License 1 and General License 2. These licenses authorize certain transactions and permit wind‑down activity for entities blocked on that date; the announcement does not in the retrieved OFAC text list designations or named entities.
Why Urgent Level 3
Legal/compliance teams should quickly retrieve and review the full general license texts to confirm permitted actions and any time limits to avoid inadvertent violations; the OFAC notice itself does not name designated entities in the retrieved excerpt.
What Changed
OFAC issued two PAIPA general licenses on Oct 19, 2026 (General License 1 authorizing transactions under the cyber‑related sanctions regulations; General License 2 authorizing wind‑down of transactions involving certain entities blocked on October 19, 2026). The prior draft's claims that OFAC published PAIPA designations, that OFAC added entities to an NS‑MBS list, and that the State Department announced five PAIPA designations are not supported by the retrieved OFAC excerpt and have been removed.
What Is Genuinely New
OFAC's Oct 19, 2026 publication of two PAIPA general licenses is newly retrieved and confirmed in the cited OFAC notice; no retrieved source from OFAC or State in this package confirms named PAIPA designations or list additions.
CHRONOS Bottom Line
OFAC published two PAIPA general licenses on Oct 19, 2026; organizations should read those GLs to determine permitted wind‑down or authorized transactions, but the retrieved OFAC notice does not show named designations or a State Department announcement.
Uncertainties / Known Unknowns
The OFAC excerpt retrieved does not list any designated entities, nor does it show changes to any NS‑MBS list; it is unclear from this single retrieved notice whether separate OFAC or State Department publications (not retrieved here) name entities or provide further detail.
Detailed Analysis
The retrieved OFAC notice explicitly states OFAC is issuing two PAIPA general licenses (GL1 and GL2). The GLs, per the excerpt, respectively authorize certain transactions under cyber‑related sanctions regulations and authorize wind‑down transactions for entities blocked on Oct 19, 2026. The notice as retrieved does not include any named designated entities or a list update; assertions about PAIPA designations, NS‑MBS list additions, or a State Department announcement are not supported by the provided OFAC excerpt and have been removed from the report.
Sources / Evidence
- 01Protecting American Intellectual Property Act of 2022 (PAIPA) Designations; Issuance of Associated General LicensesU.S. Department of the Treasury, OFAC2026-10-19
Follow CHRONOS ALERTS
Published alerts also appear on Instagram and Threads as @chronosalerts.