Rule2022-22236
Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 13B
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
October 13, 2022
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one general license (GL) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GL 13B, which was previously issued on OFAC's website.
Full Text
<html>
<head>
<title>Federal Register, Volume 87 Issue 197 (Thursday, October 13, 2022)</title>
</head>
<body><pre>
[Federal Register Volume 87, Number 197 (Thursday, October 13, 2022)]
[Rules and Regulations]
[Pages 62005-62006]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-22236]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 587
Publication of Russian Harmful Foreign Activities Sanctions
Regulations Web General License 13B
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of a web general license.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing one general license (GL) issued pursuant
to the Russian Harmful Foreign Activities Sanctions Regulations: GL
13B, which was previously issued on OFAC's website.
DATES: GL 13B was issued on September 8, 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 September 8, 2022, OFAC issued GL 13B on its website to
authorize certain transactions otherwise prohibited by the Russian
Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587. GL
13B replaced and superseded in its entirety GL 13A. GL 13B expires on
December 7, 2022. The text of GL 13B is provided below.
[[Page 62006]]
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR part 587
GENERAL LICENSE 13B
Authorizing Certain Administrative Transactions Prohibited by Directive
4 Under Executive Order 14024
(a) Except as provided in paragraph (b) of this general license,
U.S. persons, or entities owned or controlled, directly or indirectly,
by a U.S. person, are authorized to pay taxes, fees, or import duties,
and purchase or receive permits, licenses, registrations, or
certifications, to the extent such transactions are prohibited by
Directive 4 under Executive Order (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, provided such transactions are
ordinarily incident and necessary to the day-to-day operations in the
Russian Federation of such U.S. persons or entities, through 12:01 a.m.
eastern standard time, December 7, 2022.
(b) This general license does not authorize:
(1) 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
(2) 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, unless separately authorized.
(c) Effective September 8, 2022, General License No. 13A, dated May
25, 2022, is replaced and superseded in its entirety by this General
License No. 13B.
Andrea M. Gacki,
Director, Office of Foreign Assets Control
Dated: September 8, 2022
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-22236 Filed 10-12-22; 8:45 am]
BILLING CODE 4810-AL-P
</pre></body>
</html>Indexed from Federal Register on October 13, 2022.
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.