Rule2022-26201
Publication of Foreign Narcotics Kingpin Sanctions Regulations Web General Licenses 2, 3, 3A, and 3B
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 four general licenses (GLs) issued pursuant to the Foreign Narcotics Kingpin Sanctions Regulations: GLs 2, 3, 3A, and 3B, each of 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]
[Pages 73637-73638]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-26201]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 598
Publication of Foreign Narcotics Kingpin Sanctions Regulations
Web General Licenses 2, 3, 3A, and 3B
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 Foreign Narcotics Kingpin Sanctions Regulations: GLs 2,
3, 3A, and 3B, each of which was previously made available on OFAC's
website.
DATES: GL 2 was issued on May 5, 2015. 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:
[[Page 73638]]
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, 2016, OFAC issued GLs 2 and 3 to authorize certain
transactions otherwise prohibited by the Foreign Narcotics Kingpin
Sanctions Regulations, 31 CFR part 589. Subsequently, OFAC issued two
further iterations of GL 3: on June 3, 2016, OFAC issued GL 3A, which
superseded GL 3; and on January 5, 2017, OFAC issued GL 3B, which
superseded GL 3A. Each of these GLs is now expired.
Each 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 these GLs is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Foreign Narcotics Kingpin Sanctions Regulations 31 CFR Part 598
GENERAL LICENSE NO. 2
Authorizing Certain Transactions and Activities To Wind Down Operations
for the Hotel Operating at Millennium Plaza, Panama
(a) Except as provided in paragraph (b), all transactions and
activities otherwise prohibited by the Foreign Narcotics Kingpin
Designation Act, 21 U.S.C. 1901-1908, and the Foreign Narcotics
Kingpin Sanctions Regulations, 31 CFR part 598, that are necessary
to maintain lodging services or are for the winding down of
operations, contracts, or other agreements involving hotel goods or
services with the hotel operating at Millennium Plaza, Avenida A.
Waked, Corredor Zona Libre, Colon, Panama, that were ongoing or in
effect prior to May 5, 2016, are authorized through 12:01 a.m.
eastern daylight time, May 26, 2016.
(b) This general license does not authorize:
(1) The unblocking of any accounts blocked pursuant to the
Foreign Narcotics Kingpin Designation Act, 21 U.S.C. 1901-1908, and
the Foreign Narcotics Kingpin Sanctions Regulations, 31 CFR part
598;
(2) Any transactions or dealings otherwise prohibited by any
Executive order or any other part of 31 CFR chapter V, or any
transactions or dealings with any individual or entity other than
the hotel operating at Millennium Plaza, Avenida A. Waked, Corredor
Zona Libre, Colon, Panama; Plaza Milenio, S.A.; or Administracion
Millenium Plaza, S.A. that is listed on the Office of Foreign Assets
Control's List of Specially Designated Nationals or Blocked Persons
or that otherwise constitutes a person whose property and interests
in property are blocked;
(3) Any payment incident to and necessary for the transactions
authorized in paragraph (a) to or for the benefit of the entity
Plaza Milenio, S.A. or Administracion Millenium Plaza, S.A. unless
such payment is made into a blocked interest-bearing account in
accordance with 31 CFR 598.206(a).
John E. Smith,
Acting Director, Office of Foreign Assets Control.
Dated: May 5, 2016.
OFFICE OF FOREIGN ASSETS CONTROL
Foreign Narcotics Kingpin Sanctions Regulations 31 CFR Part 598
GENERAL LICENSE NO. 3
Authorizing Certain Transactions and Activities Necessary To Maintain
Existing Operations of La Estrella and El Siglo Newspapers
(a) Except as provided in paragraph (b), all transactions and
activities otherwise prohibited by the Foreign Narcotics Kingpin
Designation Act, 21 U.S.C. 1901-1908, and the Foreign Narcotics
Kingpin Sanctions Regulations, 31 CFR part 598, that are necessary
to maintain all existing operations of the Panamanian newspapers, La
Estrella and El Siglo, are authorized through 12:01 a.m. eastern
daylight time, July 6, 2016.
(b) This general license does not authorize:
(1) The unblocking of any accounts blocked pursuant to the
Foreign Narcotics Kingpin Designation Act, 21 U.S.C. 1901-1908, and
the Foreign Narcotics Kingpin Sanctions Regulations, 31 CFR part
598; or
(2) Any transactions or dealings otherwise prohibited by any
Executive order or any other part of 31 CFR chapter V, or any
transactions or dealings with any individual or entity other than
the La Estrella and El Siglo newspapers that is listed on the Office
of Foreign Assets Control's List of Specially Designated Nationals
or Blocked Persons or that otherwise constitutes a person whose
property and interests in property are blocked.
John E. Smith,
Acting Director, Office of Foreign Assets Control.
Dated: May 5, 2016.
OFFICE OF FOREIGN ASSETS CONTROL
Foreign Narcotics Kingpin Sanctions Regulations 31 CFR Part 598
GENERAL LICENSE NO. 3A
Authorizing Certain Transactions and Activities Necessary To Maintain
Existing Operations of La Estrella and El Siglo Newspapers
(a) General License No. 3, dated May 5, 2016, is replaced and
superseded in its entirety by this General License No. 3A.
(b) Except as provided in paragraph (c), all transactions and
activities otherwise prohibited by the Foreign Narcotics Kingpin
Designation Act, 21 U.S.C. 1901-1908, and the Foreign Narcotics
Kingpin Sanctions Regulations, 31 CFR part 598, that are necessary
to maintain all existing operations of the Panamanian newspapers, La
Estrella and El Siglo, are authorized through 12:01 a.m. eastern
daylight time, January 6, 2017.
(c) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to the
Foreign Narcotics Kingpin Designation Act, 21 U.S.C. 1901-1908, and
the Foreign Narcotics Kingpin Sanctions Regulations, 31 CFR part
598; or
(2) Any transactions or dealings otherwise prohibited by any
Executive order or any other part of 31 CFR Chapter V, or any
transactions or dealings with any individual or entity other than
the La Estrella and El Siglo newspapers that is listed on the Office
of Foreign Assets Control's List of Specially Designated Nationals
or Blocked Persons or that otherwise constitutes a person whose
property and interests in property are blocked.
John H. Battle,
Acting Director, Office of Foreign Assets Control.
Dated: June 3, 2016.
OFFICE OF FOREIGN ASSETS CONTROL
Foreign Narcotics Kingpin Sanctions Regulations 31 CFR Part 598
GENERAL LICENSE NO. 3B
Authorizing Certain Transactions and Activities To Wind Operations
Involving La Estrella and El Siglo Newspapers
(a) General License No. 3A, dated June 3, 2016, is replaced and
superseded in its entirety by this General License No. 3B.
(b) Except as provided in paragraph (c), all transactions or
activities otherwise prohibited by the Foreign Narcotics Kingpin
Designation Act, 21 U.S.C. 1901-1908, and the Foreign Narcotics
Kingpin Sanctions Regulations, 31 CFR part 598, that are for the
wind down of operations, contracts, or other agreements involving
goods or services with Grupo Editorial La Estrella y El Siglo or the
Panamanian newspapers, La Estrella and El Siglo (hereinafter Grupo
GESE), are authorized through 12:01 a.m. eastern daylight time, July
13, 2017.
(c) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to the
Foreign Narcotics Kingpin Designation Act, 21 U.S.C. 1901-1908, and
the Foreign Narcotics Kingpin Sanctions Regulations, 31 CFR part
598; or
(2) Any transactions or dealings otherwise prohibited by any
Executive order or any other part of 31 CFR. chapter V, or any
transactions or dealings with any individual or entity other than
Grupo GESE that is listed on the Office of Foreign Assets Control's
List of Specially Designated Nationals or Blocked Persons or that
otherwise constitutes a person whose property and interests in
property are blocked.
John E. Smith,
Acting Director, Office of Foreign Assets Control.
Dated: January 5, 2017.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-26201 Filed 11-30-22; 8:45 am]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on December 1, 2022.
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