Rule2022-26135
Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 53
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
December 1, 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 53, which was previously made available on OFAC's website.
Full Text
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<title>Federal Register, Volume 87 Issue 230 (Thursday, December 1, 2022)</title>
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[Federal Register Volume 87, Number 230 (Thursday, December 1, 2022)]
[Rules and Regulations]
[Page 73637]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-26135]
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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 License 53
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of Web General License.
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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 53,
which was previously made available on OFAC's website.
DATES: GL 53 was issued on November 10, 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 November 10, 2022, OFAC issued GL 53 to authorize certain
transactions otherwise prohibited by the Russian Harmful Foreign
Activities Sanctions Regulations, 31 CFR part 587. The GL was made
available on OFAC's website (<a href="http://www.treas.gov/ofac">www.treas.gov/ofac</a>) when it was issued.
The text of the GL is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part
587
GENERAL LICENSE NO. 53
Authorizing Transactions for Diplomatic Missions of the Russian
Federation Prohibited by Directive 4 under Executive Order 14024
(a) Except as provided in paragraph (c) of this general license,
U.S. persons are authorized to engage in all transactions ordinarily
incident and necessary to the official business of diplomatic or
consular missions of the Government of the Russian Federation
(``Russian missions''), where the 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.
(b) Except as provided in paragraph (c) of this general license,
U.S. persons are authorized to engage in all transactions ordinarily
incident and necessary to the compensation of employees of Russian
missions, including payment of salaries and reimbursement of
expenses, where the transactions are prohibited by Directive 4 under
E.O. 14024.
(c) 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.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
Dated: November 10, 2022.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-26135 Filed 11-30-22; 8:45 am]
BILLING CODE 0481-AL-P
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</html>Indexed from Federal Register on December 1, 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.