Rule2022-11760
Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General Licenses 7A, 26A, 31, and 32
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
June 1, 2022
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing four general licenses (GLs) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GL 7A, GL 26A, GL 31, and GL 32, each of which was previously issued on OFAC's website.
Full Text
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<title>Federal Register, Volume 87 Issue 105 (Wednesday, June 1, 2022)</title>
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[Federal Register Volume 87, Number 105 (Wednesday, June 1, 2022)]
[Rules and Regulations]
[Pages 32999-33001]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-11760]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 587
Publication of Russian Harmful Foreign Activities Sanctions
Regulations Web General Licenses 7A, 26A, 31, and 32
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 general licenses (GLs) issued
pursuant to the Russian Harmful Foreign Activities Sanctions
Regulations: GL 7A, GL 26A, GL 31, and GL 32, each of which was
previously issued on OFAC's website.
DATES: GL 7A, GL 26A, GL 31, and GL 32 were each issued on May 5, 2022.
See SUPPLEMENTARY INFORMATION of this publication for additional
relevant dates.
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:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: <a href="http://www.treas.gov/ofac">www.treas.gov/ofac</a>.
Background
On May 5, 2022, OFAC, in consultation with the Department of State,
issued pursuant to the Russian Harmful Foreign Activities Sanctions
[[Page 33000]]
Regulations, 31 CFR part 587 (the ``Regulations''), GL 7A, GL 26A, GL
31, and GL 32, each of which authorize certain transactions prohibited
by the Regulations. GL 7A and GL 31 do not contain expiration dates. GL
26A and GL 32 each expire at 12:01 a.m. eastern daylight time, July 12,
2022. The texts of GLs 7A, 26A, 31, and 32 are provided below.
Office of Foreign Assets Control
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
General License No. 7A
Authorizing Overflight Payments, Emergency Landings, and Air Ambulance
Services
(a) Except as provided in paragraph (c) of this general license,
all transactions ordinarily incident and necessary to the receipt of,
and payment of charges for, services rendered in connection with
overflights of the Russian Federation or emergency landings in the
Russian Federation by aircraft registered in the United States or owned
or controlled by, or chartered to, U.S. persons that are prohibited by
the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR
part 587 (RuHSR), are authorized.
(b) Except as provided in paragraph (c) of this general license,
all transactions ordinarily incident and necessary to provide air
ambulance and related medical services, including medical evacuation,
to individuals in the Russian Federation that are prohibited by the
RuHSR are authorized.
(c) This general license does not authorize:
(1) The opening or maintaining of a correspondent account or
payable-through account for or on behalf of any entity subject to
Directive 2 under Executive Order 14024, Prohibitions Related to
Correspondent or Payable-Through Accounts and Processing of
Transactions Involving Certain Foreign Financial Institutions; or
(2) Any debit to an account on the books of a U.S. financial
institution of the Central Bank of the Russian Federation, the National
Wealth Fund of the Russian Federation, or the Ministry of Finance of
the Russian Federation.
(d) Effective May 5, 2022, General License No. 7, dated February
24, 2022, is replaced and superseded in its entirety by this General
License No. 7A.
Bradley T. Smith,
Deputy Director, Office of Foreign Assets Control.
Dated: May 5, 2022.
Office of Foreign Assets Control
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
General License No. 26A
Authorizing the Wind Down of Transactions Involving Joint Stock Company
SB Sberbank Kazakhstan, Sberbank Europe AG, or Sberbank (Switzerland)
AG
(a) Except as provided in paragraph (b) of this general license,
all transactions ordinarily incident and necessary to the wind down of
transactions involving Joint Stock Company SB Sberbank Kazakhstan,
Sberbank Europe AG, or Sberbank (Switzerland) AG (collectively, ``the
blocked Sberbank subsidiaries''), or any entity in which the blocked
Sberbank subsidiaries own, directly or indirectly, a 50 percent or
greater interest, that are prohibited by Executive Order (E.O.) 14024
are authorized through 12:01 a.m. eastern daylight time, July 12, 2022.
(b) This general license does not authorize:
(1) Any transactions prohibited by Directive 2 under E.O. 14024,
Prohibitions Related to Correspondent or Payable-Through Accounts and
Processing of Transactions Involving Certain Foreign Financial
Institutions;
(2) Any transactions prohibited by Directive 4 under E.O. 14024,
Prohibitions Related to Transactions Involving the Central Bank of the
Russian Federation, the National Wealth Fund of the Russian Federation,
and the Ministry of Finance of the Russian Federation; or
(3) Any transactions otherwise prohibited by the Russian Harmful
Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR),
including transactions involving any person blocked pursuant to the
RuHSR other than the blocked persons described in paragraph (a) of this
general license, unless separately authorized.
(c) Effective May 5, 2022, General License No. 26, dated April 12,
2022, is replaced and superseded in its entirety by this General
License No. 26A.
Bradley T. Smith,
Deputy Director, Office of Foreign Assets Control.
Dated: May 5, 2022.
Office of Foreign Assets Control
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
General License No. 31
Authorizing Certain Transactions Related to Patents, Trademarks, and
Copyrights
(a) Except as provided in paragraph (b) of this general license,
the following transactions in connection with a patent, trademark,
copyright, or other form of intellectual property protection in the
United States or the Russian Federation that would be prohibited by the
Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part
587 (RuHSR), are authorized:
(1) The filing and prosecution of any application to obtain a
patent, trademark, copyright, or other form of intellectual property
protection;
(2) The receipt of a patent, trademark, copyright, or other form of
intellectual property protection;
(3) The renewal or maintenance of a patent, trademark, copyright,
or other form of intellectual property protection; and
(4) The filing and prosecution of any opposition or infringement
proceeding with respect to a patent, trademark, copyright, or other
form of intellectual property protection, or the entrance of a defense
to any such proceeding.
(b) This general license does not authorize:
(1) The opening or maintaining of a correspondent account or
payable-through account for or on behalf of foreign financial
institutions determined to be subject to the prohibitions of Directive
2 under Executive Order (E.O.) 14024, Prohibitions Related to
Correspondent or Payable-Through Accounts and Processing of
Transactions Involving Certain Foreign Financial Institutions;
(2) Any debit to an account on the books of a U.S. financial
institution of the Central Bank of the Russian Federation, the National
Wealth Fund of the Russian Federation, or the Ministry of Finance of
the Russian Federation; or
(3) Any transactions prohibited by E.O. 14066 or E.O. 14068.
Bradley T. Smith,
Deputy Director, Office of Foreign Assets Control.
Dated: May 5, 2022.
[[Page 33001]]
Office of Foreign Assets Control
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
General License No. 32
Authorizing the Wind Down of Transactions Involving Amsterdam Trade
Bank NV
(a) Except as provided in paragraph (b) of this general license,
all transactions ordinarily incident and necessary to the wind down of
transactions involving Amsterdam Trade Bank NV, or any entity in which
Amsterdam Trade Bank NV owns, directly or indirectly, a 50 percent or
greater interest, that are prohibited by Executive Order (E.O.) 14024
are authorized through 12:01 a.m. eastern daylight time, July 12, 2022.
(b) This general license does not authorize:
(1) Any transactions prohibited by Directive 2 under E.O. 14024,
Prohibitions Related to Correspondent or Payable-Through Accounts and
Processing of Transactions Involving Certain Foreign Financial
Institutions;
(2) Any transactions prohibited by Directive 4 under E.O. 14024,
Prohibitions Related to Transactions Involving the Central Bank of the
Russian Federation, the National Wealth Fund of the Russian Federation,
and the Ministry of Finance of the Russian Federation; or
(3) Any transactions otherwise prohibited by the Russian Harmful
Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR),
including transactions involving any person blocked pursuant to the
RuHSR other than the blocked persons described in paragraph (a) of this
general license, unless separately authorized.
Bradley T. Smith,
Deputy Director, Office of Foreign Assets Control.
Dated: May 5, 2022.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-11760 Filed 5-31-22; 8:45 am]
BILLING CODE P
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