Rule2022-14452
Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General Licenses 25B, 36, 37, and 38
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 7, 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 25B, GL 36, GL 37, and GL 38, each of which was previously issued on OFAC's website.
Full Text
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<title>Federal Register, Volume 87 Issue 129 (Thursday, July 7, 2022)</title>
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[Federal Register Volume 87, Number 129 (Thursday, July 7, 2022)]
[Rules and Regulations]
[Pages 40441-40442]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-14452]
[[Page 40441]]
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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 25B, 36, 37, and 38
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 25B, GL 36, GL 37, and GL 38, each of which was
previously issued on OFAC's website.
DATES: GL 25B, GL 36, GL 37, and GL 38 were each issued on June 2,
2022. See SUPPLEMENTARY INFORMATION 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 June 2, 2022, OFAC issued GL 25B, GL 36, GL 37, and GL 38 on its
website to authorize certain transactions otherwise prohibited by the
Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part
587. GL 25B and GL 38 do not contain expiration dates. GL 36 expires at
12:01 a.m. eastern daylight time, August 31, 2022. GL 37 expires at
12:01 a.m. eastern daylight time, July 1, 2022. The texts of GLs 25B,
36, 37, and 38 are provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations 31 CFR
Part 587
GENERAL LICENSE NO. 25B
Authorizing Transactions Related to Telecommunications and Certain
Internet-Based Communications
(a) Except as provided in paragraph (c) of this general license,
all transactions ordinarily incident and necessary to the receipt or
transmission of telecommunications involving the Russian Federation
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,
the exportation or reexportation, sale, or supply, directly or
indirectly, from the United States or by U.S. persons, wherever
located, to the Russian Federation of services, software, hardware,
or technology incident to the exchange of communications over the
internet, such as instant messaging, videoconferencing, chat and
email, social networking, sharing of photos, movies, and documents,
web browsing, blogging, web hosting, and domain name registration
services, that is prohibited by the RuHSR, is 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 (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;
(3) Any transactions prohibited by E.O. 14066 or E.O. 14068; or
(4) Any transactions involving Joint Stock Company Channel One
Russia, Joint Stock Company NTV Broadcasting Company, Television
Station Russia-1, or Limited Liability Algoritm, unless separately
authorized.
(d) Effective June 2, 2022, General License No. 25A, dated May
8, 2022, is replaced and superseded in its entirety by this General
License No. 25B.
Note to General License No. 25B. Nothing in this general license
relieves any person from compliance with any other Federal laws or
requirements of other Federal agencies, including export, reexport,
and transfer (in-country) licensing requirements maintained by the
Department of Commerce's Bureau of Industry and Security under the
Export Administration Regulations, 15 CFR parts 730-774.
Andrea M. Gacki,
Director, Office of Foreign Assets Control
Dated: June 2, 2022
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations 31 CFR
Part 587
GENERAL LICENSE NO. 36
Authorizing the Wind Down of Transactions Involving Public Joint Stock
Company Severstal
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by Executive Order (E.O.) 14024 that are
ordinarily incident and necessary to the wind down of transactions
involving Public Joint Stock Company Severstal, or any entity in
which Public Joint Stock Company Severstal owns, directly or
indirectly, a 50 percent or greater interest are authorized through
12:01 a.m. eastern daylight time, August 31, 2022, provided that any
payment to Public Joint Stock Company Severstal or any other blocked
person must be made into a blocked account in accordance with the
Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR
part 587 (RuHSR):
(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 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.
Andrea M. Gacki,
Director, Office of Foreign Assets Control
Dated: June 2, 2022
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations 31 CFR
Part 587
GENERAL LICENSE NO. 37
Authorizing the Wind Down of Transactions Involving Nord Gold PLC
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by Executive Order (E.O.) 14024 that are
ordinarily incident and necessary to the wind down of transactions
involving Nord Gold PLC or any entity in which Nord Gold PLC owns,
directly or indirectly, a 50 percent or greater interest are
authorized through 12:01 a.m. eastern daylight time, July 1, 2022,
provided that any payment to Nord Gold PLC or any other blocked
person must be made into a blocked account in accordance with the
Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR
part 587 (RuHSR).
(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;
[[Page 40442]]
(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 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.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
Dated: June 2, 2022
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations 31 CFR
Part 587
GENERAL LICENSE NO. 38
Authorizing Transactions Related to Pension Payments to U.S. Persons
(a) Except as provided in paragraph (b) of this general license,
all transactions ordinarily incident and necessary to the processing
of pension payments to U.S. persons that are prohibited by Executive
Order (E.O.) 14024 are authorized, provided that the only
involvement of blocked persons is the processing of funds by
financial institutions blocked pursuant to E.O. 14024.
(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 any entity determined to
be subject to the prohibitions of Directive 2, 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 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.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
Dated: June 2, 2022.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-14452 Filed 7-6-22; 8:45 am]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on July 7, 2022.
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