Rule2022-20030
Publication of Russian Harmful Foreign Activities Sanctions Regulations Determination
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
September 15, 2022
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a products determination issued pursuant to a March 11, 2022 Executive order. The determination was previously issued on OFAC's website.
Full Text
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<title>Federal Register, Volume 87 Issue 178 (Thursday, September 15, 2022)</title>
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[Federal Register Volume 87, Number 178 (Thursday, September 15, 2022)]
[Rules and Regulations]
[Page 56590]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-20030]
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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 Determination
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of a determination.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing a products determination issued pursuant
to a March 11, 2022 Executive order. The determination was previously
issued on OFAC's website.
DATES: The determination pursuant to section 1(a)(i) of Executive Order
14068 was issued on June 24, 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 March 11, 2022, the President, invoking the authority of, inter
alia, the International Emergency Economic Powers Act (50 U.S.C. 1701
et seq.), issued Executive Order (E.O.) 14068 (87 FR 14381, March 15,
2022). Among other prohibitions, section 1(a)(i) of E.O. 14068
prohibits the importation into the United States of the following
products of Russian Federation origin: fish, seafood, and preparations
thereof; alcoholic beverages; non-industrial diamonds; and any other
products of Russian Federation origin as may be determined by the
Secretary of the Treasury, in consultation with the Secretary of State
and the Secretary of Commerce.
On June 24, 2022, pursuant to delegated authority, the Director of
OFAC, in consultation with the Department of State and the Department
of Commerce, determined that the prohibitions in section 1(a)(i) of
E.O. 14068 shall apply to gold of Russian Federation origin. The
determination took effect upon publication on OFAC's website
(<a href="http://www.treas.gov/ofac">www.treas.gov/ofac</a>) on June 28, 2022. The text of the determination is
below.
OFFICE OF FOREIGN ASSETS CONTROL
Determination Pursuant to Section 1(a)(i) of Executive Order 14068
Prohibitions Related to Imports of Gold of Russian Federation Origin
Pursuant to sections 1(a)(i), 1(b), and 5 of Executive Order (E.O.)
14068 of March 11, 2022 (``Prohibiting Certain Imports, Exports, and
New Investment With Respect to Continued Russian Federation
Aggression'') and 31 CFR 587.802, the Director of the Office of Foreign
Assets Control, in consultation with the Department of State and the
Department of Commerce, hereby determines that the prohibitions in
section 1(a)(i) of E.O. 14068 shall apply to gold of Russian Federation
origin. As a result, the importation into the United States of gold of
Russian Federation origin is prohibited, except to the extent provided
by law, or unless licensed or otherwise authorized by the Office of
Foreign Assets Control.
This determination excludes gold of Russian Federation origin that
was located outside of the Russian Federation prior to the effective
date of this determination.
This determination shall take effect upon publication by the
Director of the Office of Foreign Assets Control on the Department of
the Treasury's website.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-20030 Filed 9-14-22; 8:45 am]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on September 15, 2022.
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