Rule2021-15279
Publication of Ukraine-Related Web General License 12 and Subsequent Iterations
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
July 19, 2021
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing four Ukraine-related web general licenses (GLs) in the Federal Register: GL 12, GL 12A, GL 12B, and GL 12C, each of which is now expired and was previously issued on OFAC's website.
Full Text
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<title>Federal Register, Volume 86 Issue 135 (Monday, July 19, 2021)</title>
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[Federal Register Volume 86, Number 135 (Monday, July 19, 2021)]
[Rules and Regulations]
[Pages 37907-37909]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-15279]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 589
Publication of Ukraine-Related Web General License 12 and
Subsequent Iterations
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of web general licenses.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing four Ukraine-related web general licenses
(GLs) in the Federal Register: GL 12, GL 12A, GL 12B, and GL 12C, each
of which is now expired and was previously issued on OFAC's website.
DATES: GL 12C expired on June 5, 2018. See SUPPLEMENTARY INFORMATION of
this rule for additional relevant dates.
ADDRESSES: Electronic availability: This document and additional
information concerning OFAC are available on OFAC's website
<a href="http://www.treasury.gov/ofac">www.treasury.gov/ofac</a>.
FOR FURTHER INFORMATION CONTACT:
OFAC: Assistant Director for Licensing, 202-622-2480; Assistant
Director for Regulatory Affairs, 202-622-4855; or Assistant Director
for Sanctions Compliance & Evaluation, 202-622-2490.
SUPPLEMENTARY INFORMATION:
Background
On March 6, 2014, the President, invoking the authority of, inter
alia, the International Emergency Economic Powers Act (50 U.S.C. 1701-
1706) (IEEPA), issued Executive Order (E.O.) 13660, ``Blocking Property
of Certain Persons Contributing to the Situation in Ukraine'' (79 FR
13493, March 10, 2014). In E.O. 13660, the President determined that
the actions and policies of persons including persons who have asserted
governmental authority in the Crimean region without the authorization
of the Government of Ukraine that undermine democratic processes and
institutions in Ukraine; threaten its peace, security, stability,
sovereignty, and territorial integrity; and contribute to the
misappropriation of its assets, constitute an unusual and extraordinary
threat to the national security and foreign policy of the United
States, and declared a national emergency to deal with that threat.
The President subsequently issued E.O. 13661 of March 16, 2014,
``Blocking Property of Additional Persons Contributing to the Situation
in Ukraine'' (79 FR 15535, March 19, 2014), and E.O. 13662 of March 20,
2014, ``Blocking Property of Additional Persons Contributing to the
Situation in Ukraine'' (79 FR 16169, March 24, 2014), pursuant to the
national emergency declared in E.O. 13660. E.O. 13661 and E.O. 13662
expanded the scope of the national emergency declared in E.O. 13660. On
May 8, 2014, OFAC published the Ukraine Related Sanctions Regulations,
31 CFR part 589 (the ``Regulations''), to implement E.O. 13660, E.O.
13661, and E.O. 13662 (79 FR 26365, May 8, 2014). The President has
issued additional Executive orders pursuant to the national emergency
declared in E.O. 13660, and expanded in E.O. 13661 and E.O. 13662,
which are not discussed in this publication as they are not relevant to
the web GLs being published.
OFAC, in consultation with the Department of State, issued GL 12 on
April 6, 2018, pursuant to the Regulations, to authorize certain
transactions and activities ordinarily incident and necessary to the
maintenance or wind down of operations, contracts, or other agreements
involving certain specified blocked persons and that were in effect
prior to April 6, 2018, through 12:01 a.m. eastern daylight time, June
5, 2018. Subsequently, OFAC issued three further iterations of GL 12,
each of which made slight adjustments to the scope of the
authorizations in the GL: On April 23, 2018, OFAC issued GL 12A, which
replaced and superseded GL 12; on May 1, 2018, OFAC issued GL 12B,
which replaced and superseded GL 12A; and on May 22, 2018, OFAC issued
GL 12C, which replaced and superseded GL 12B. The texts of GLs 12, 12A,
12B, and 12C are provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 12
Authorizing Certain Activities Necessary to Maintenance or Wind Down of
Operations or Existing Contracts
(a) Except as provided in paragraph (c) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and
[[Page 37908]]
necessary to the maintenance or wind down of operations, contracts, or
other agreements, including the importation of goods, services, or
technology into the United States, involving one or more of the
following blocked persons and that were in effect prior to April 6,
2018, are authorized through 12:01 a.m. eastern daylight time, June 5,
2018:
<bullet> AgroHolding Kuban
<bullet> Basic Element Limited
<bullet> B-Finance Ltd.
<bullet> EN+ Group PLC
<bullet> JSC EuroSibEnergo
<bullet> GAZ Group
<bullet> Gazprom Burenie, OOO
<bullet> Ladoga Menedzhment, OOO
<bullet> NPV Engineering Open Joint Stock Company
<bullet> Renova Group
<bullet> Russian Machines
<bullet> United Company RUSAL PLC
<bullet> Any other entity in which one or more of the above persons
own, directly or indirectly, a 50 percent or greater interest
(b) Any payment to or for the direct or indirect benefit of a
blocked person that is ordinarily incident and necessary to give effect
to a transaction authorized in paragraph (a) of this general license
must be made into a blocked, interest-bearing account located in the
United States in accordance with 31 CFR 589.203.
(c) This general license does not authorize:
(1) The divestiture or transfer of debt, equity, or other holdings
in, to, or for the benefit of the blocked persons listed above;
(2) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V, or any transactions or dealings with any
blocked person other than the blocked persons listed in paragraph (a)
of this general license;
(3) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraph (a); or
(4) The exportation of goods from the United States.
(d) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#db949d9a9889beabb4a9af9bafa9bebaa8aea9a2f5bcb4ad"><span class="__cf_email__" data-cfemail="b2fdf4f3f1e0d7c2ddc0c6f2c6c0d7d3c1c7c0cb9cd5ddc4">[email protected]</span></a>.
Andrea Gacki
Acting Director
Office of Foreign Assets Control
Dated: April 6, 2018
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 12A
Authorizing Certain Activities Necessary to Maintenance or Wind Down of
Operations or Existing Contracts
(a) Except as provided in paragraph (c) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary to the maintenance or wind down of operations,
contracts, or other agreements, including the importation of goods,
services, or technology into the United States, involving one or more
of the following blocked persons and that were in effect prior to April
6, 2018, are authorized through 12:01 a.m. eastern daylight time, June
5, 2018:
<bullet> AgroHolding Kuban
<bullet> Basic Element Limited
<bullet> B-Finance Ltd.
<bullet> EN+ Group PLC
<bullet> JSC EuroSibEnergo
<bullet> GAZ Group
<bullet> Gazprom Burenie, OOO
<bullet> Ladoga Menedzhment, OOO
<bullet> NPV Engineering Open Joint Stock Company
<bullet> Renova Group
<bullet> Russian Machines
<bullet> United Company RUSAL PLC
<bullet> Any other entity in which one or more of the above persons
own, directly or indirectly, a 50 percent or greater interest
(b) Any payment to or for the direct or indirect benefit of a
blocked person that is ordinarily incident and necessary to give effect
to a transaction authorized in paragraph (a) of this general license
must be made into a blocked, interest-bearing account located in the
United States in accordance with 31 CFR 589.203, except as authorized
by Ukraine Related General License 14.
(c) This general license does not authorize:
(1) The divestiture or transfer of debt, equity, or other holdings
in, to, or for the benefit of the blocked persons listed above;
(2) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V, or any transactions or dealings with any
blocked person other than the blocked persons listed in paragraph (a)
of this general license;
(3) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraph (a); or
(4) The exportation of goods from the United States.
(d) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#e0afa6a1a3b285908f9294a09492858193959299ce878f96"><span class="__cf_email__" data-cfemail="da959c9b9988bfaab5a8ae9aaea8bfbba9afa8a3f4bdb5ac">[email protected]</span></a>.
(e) Effective April 23, 2018, General License No. 12, dated April
6, 2018, is replaced and superseded in its entirety by this General
License No. 12A.
John E. Smith
Director
Office of Foreign Assets Control
Dated: April 23, 2018
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 12B
Authorizing Certain Activities Necessary to Maintenance or Wind Down of
Operations or Existing Contracts
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary to the maintenance or wind down of operations,
contracts, or other agreements, including the importation of goods,
services, or technology into the United States, involving one or more
of the following blocked persons and that were in effect prior to April
6, 2018, are authorized through 12:01 a.m. eastern daylight time, June
5, 2018:
<bullet> AgroHolding Kuban
<bullet> Basic Element Limited
<bullet> B-Finance Ltd.
<bullet> EN+ Group PLC
<bullet> JSC EuroSibEnergo
<bullet> GAZ Group
<bullet> Gazprom Burenie, OOO
<bullet> Ladoga Menedzhment, OOO
[[Page 37909]]
<bullet> NPV Engineering Open Joint Stock Company
<bullet> Renova Group
<bullet> Russian Machines
<bullet> United Company RUSAL PLC
<bullet> Any other entity in which one or more of the above persons
own, directly or indirectly, a 50 percent or greater interest
(b) Except as authorized by Ukraine Related General License 14, any
payment to or for the direct or indirect benefit of a blocked person
that is ordinarily incident and necessary to give effect to a
transaction authorized in paragraph (a) of this general license must be
made into a blocked, interest-bearing account located in the United
States in accordance with 31 CFR 589.203. Any such payment that is
directly or indirectly to the account of a blocked U.S. person
identified in paragraph (a) at a U.S. financial institution may be
processed in accordance with the original wire transfer instructions,
provided that those instructions are consistent with this general
license.
(c) All funds in accounts of blocked U.S. persons identified in
paragraph (a), including funds originating from authorized payments to
such accounts received on or after April 6, 2018, may be used for
maintenance or wind-down activities authorized by this general license.
(d) This general license does not authorize:
(1) The divestiture or transfer of debt, equity, or other holdings
in, to, or for the benefit of the blocked persons identified above;
(2) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V, or any transactions or dealings with any
blocked person other than the blocked persons identified in paragraph
(a) of this general license;
(3) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V; or
(4) The exportation of goods from the United States.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#69262f282a3b0c19061b1d291d1b0c081a1c1b10470e061f"><span class="__cf_email__" data-cfemail="8ec1c8cfcddcebfee1fcfacefafcebeffdfbfcf7a0e9e1f8">[email protected]</span></a>.
(f) Effective May 1, 2018, General License No. 12A, dated April 23,
2018, is replaced and superseded in its entirety by this General
License No. 12B.
John E. Smith
Director
Office of Foreign Assets Control
Dated: May 1, 2018
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 12C
Authorizing Certain Activities Necessary to Maintenance or Wind Down of
Operations or Existing Contracts
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary to the maintenance or wind down of operations,
contracts, or other agreements, including the importation of goods,
services, or technology into the United States, involving one or more
of the following blocked persons and that were in effect prior to April
6, 2018, are authorized through 12:01 a.m. eastern daylight time, June
5, 2018:
<bullet> AgroHolding Kuban
<bullet> Basic Element Limited
<bullet> B-Finance Ltd.
<bullet> EN+ Group PLC
<bullet> JSC EuroSibEnergo
<bullet> GAZ Group
<bullet> Gazprom Burenie, OOO
<bullet> Ladoga Menedzhment, OOO
<bullet> NPV Engineering Open Joint Stock Company
<bullet> Renova Group
<bullet> Russian Machines
<bullet> United Company RUSAL PLC
<bullet> Any other entity in which one or more of the above persons
own, directly or indirectly, a 50 percent or greater interest
(b) Except as authorized by Ukraine Related General License 14 or
Ukraine Related General License 15, any payment to or for the direct or
indirect benefit of a blocked person that is ordinarily incident and
necessary to give effect to a transaction authorized in paragraph (a)
of this general license must be made into a blocked, interest-bearing
account located in the United States in accordance with 31 CFR 589.203.
Any such payment that is directly or indirectly to the account of a
blocked U.S. person identified in paragraph (a) at a U.S. financial
institution may be processed in accordance with the original wire
transfer instructions, provided that those instructions are consistent
with this general license.
(c) All funds in accounts of blocked U.S. persons identified in
paragraph (a), including funds originating from authorized payments to
such accounts received on or after April 6, 2018, may be used for
maintenance or wind-down activities authorized by this general license.
(d) This general license does not authorize:
(1) The divestiture or transfer of debt, equity, or other holdings
in, to, or for the benefit of the blocked persons identified above;
(2) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V, or any transactions or dealings with any
blocked person other than the blocked persons identified in paragraph
(a) of this general license;
(3) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V; or
(4) The exportation of goods from the United States.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#f7b8b1b6b4a59287988583b7838592968482858ed9909881"><span class="__cf_email__" data-cfemail="eda2abacaebf889d829f99ad999f888c9e989f94c38a829b">[email protected]</span></a>.
(f) Effective May 22, 2018, General License No. 12B, dated May 1,
2018, is replaced and superseded in its entirety by this General
License No. 12C.
Andrea Gacki
Acting Director
Office of Foreign Assets Control
Dated: May 22, 2018
Dated: July 14, 2021.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2021-15279 Filed 7-16-21; 8:45 am]
BILLING CODE 4810-AL-P
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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.