Rule2022-27235
Publication of Russian Harmful Foreign Activities Sanctions Regulations Determination and Web General Licenses 55, 56, and 57
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 16, 2022
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a determination issued pursuant to an April 6, 2022 Executive order, which was previously made available on OFAC's website. OFAC is also publishing three general licenses (GLs) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GLs 55, 56, and 57, each of which was previously made available on OFAC's website.
Full Text
<html>
<head>
<title>Federal Register, Volume 87 Issue 241 (Friday, December 16, 2022)</title>
</head>
<body><pre>
[Federal Register Volume 87, Number 241 (Friday, December 16, 2022)]
[Rules and Regulations]
[Pages 76931-76932]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-27235]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 587
Publication of Russian Harmful Foreign Activities Sanctions
Regulations Determination and Web General Licenses 55, 56, and 57
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of determination and web general licenses.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing a determination issued pursuant to an
April 6, 2022 Executive order, which was previously made available on
OFAC's website. OFAC is also publishing three general licenses (GLs)
issued pursuant to the Russian Harmful Foreign Activities Sanctions
Regulations: GLs 55, 56, and 57, each of which was previously made
available on OFAC's website.
DATES: The determination issued pursuant to section 1(a)(ii) of
Executive Order 14071 was issued on November 21, 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 April 6, 2022, the President, invoking the authority of, inter
alia, the International Emergency Economic Powers Act (50 U.S.C. 1701
et seq.) (IEEPA), issued Executive Order (E.O.) 14071, ``Prohibiting
New Investment in and Certain Services to the Russian Federation in
Response to Continued Russian Federation Aggression'' (87 FR 20999,
April 8, 2022). Among other prohibitions, section 1(a)(ii) of E.O.
14071 prohibits the exportation, reexportation, sale, or supply,
directly or indirectly, from the United States, or by a United States
person, wherever located, of any category of services as may be
determined by the Secretary of the Treasury, in consultation with the
Secretary of State, to any person located in the Russian Federation.
On November 21, 2022, the Secretary of the Treasury, in
consultation with the Secretary of State, issued a category of services
determination pursuant to E.O. 14071, ``Prohibitions on Certain
Services as They Relate to the Maritime Transport of Crude Oil of
Russian Federation Origin.'' OFAC made this determination available on
its website (<a href="http://www.treas.gov/ofac">www.treas.gov/ofac</a>) on November 22, 2022. The
determination takes effect at 12:01 a.m. eastern standard time on
December 5, 2022. The text of this determination is provided below.
Also on November 22, 2022, OFAC issued GLs 55, 56, and 57 to
authorize certain transactions otherwise prohibited by the Russian
Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587. At
the time of their issuance, OFAC made GLs 55, 56, and 57 available on
its website (<a href="http://www.treas.gov/ofac">www.treas.gov/ofac</a>). The text of these GLs is provided
below.
Determination Pursuant to Section (1)(a)(ii) of Executive Order 14071
Prohibitions on Certain Services as They Relate to the Maritime
Transport of Crude Oil of Russian Federation Origin
Pursuant to sections 1(a)(ii), 1(b), and 5 of Executive Order
(E.O.) 14071 of April 6, 2022 (``Prohibiting New Investment in and
Certain Services to the Russian Federation in Response to Continued
Russian Federation Aggression''), the Secretary of the Treasury, in
consultation with the Secretary of State, hereby determines that the
prohibitions in section 1(a)(ii) of E.O. 14071 shall apply to the
following categories of services as they relate to the maritime
transport of crude oil of Russian Federation origin (collectively,
the ``Covered Services''):
<bullet> Trading/commodities brokering;
<bullet> Financing;
<bullet> Shipping;
<bullet> Insurance, including reinsurance and protection and
indemnity;
<bullet> Flagging; and
<bullet> Customs brokering.
As a result, the following activities are prohibited, except to
the extent provided by law, or unless licensed or otherwise
authorized by the Office of Foreign Assets Control: the exportation,
reexportation, sale, or supply, directly or indirectly, from the
United States, or by a United States person, wherever located, of
any of the Covered Services to any person located in the Russian
Federation.
Notwithstanding that prohibition, the Covered Services are
hereby authorized when the price of the crude oil of Russian
Federation origin does not exceed the relevant price cap determined
by the Secretary of the Treasury, in consultation with the Secretary
of State.
The prohibitions on Covered Services in this determination shall
take effect beginning at 12:01 a.m. eastern standard time on
December 5, 2022. This determination excludes Covered Services with
respect to crude oil of Russian Federation origin when such crude
oil is loaded onto a vessel at the port of loading prior to 12:01
a.m. eastern standard time on December 5, 2022, and unloaded at the
port of destination prior to 12:01 a.m. eastern standard time on
January 19, 2023.
This determination does not authorize 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.
Janet L. Yellen,
November 21, 2022.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part
587
GENERAL LICENSE NO. 55
Authorizing Certain Services Related to Sakhalin-2
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by the determination of November 21,
2022 made pursuant to section 1(a)(ii) of Executive Order 14071
(``Prohibitions on Certain Services as They Relate to the Maritime
Transport of Crude Oil of Russian Federation Origin'') related to
the maritime transport of crude oil originating from the Sakhalin-2
project (``Sakhalin-2 byproduct'') are authorized through 12:01 a.m.
eastern daylight time, September 30, 2023, provided that the
Sakalin-2 byproduct is solely for importation into Japan.
(b) This general license does not authorize 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 22, 2022.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part
587
GENERAL LICENSE NO. 56
Authorizing Certain Services With Respect to the European Union
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by the determination of November 21,
2022 made pursuant to section 1(a)(ii) of Executive Order 14071
(``Prohibitions on Certain Services as They Relate to the Maritime
Transport of Crude Oil of Russian Federation Origin'') related to
the
[[Page 76932]]
importation of crude oil into the Republic of Bulgaria, the Republic
of Croatia, or landlocked European Union Member States as described
in Council Regulation (EU) 2022/879 of June 3, 2022, are authorized.
(b) This general license does not authorize 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 22, 2022.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part
587
GENERAL LICENSE NO. 57
Authorizing Certain Services Related to Vessel Emergencies
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by the determination of November 21,
2022 made pursuant to section 1(a)(ii) of Executive Order 14071
(``Prohibitions on Certain Services as They Relate to the Maritime
Transport of Crude Oil of Russian Federation Origin'') that are
ordinarily incident and necessary to addressing vessel emergencies
related to the health or safety of the crew or environmental
protection, including safe docking or anchoring, emergency repairs,
or salvage operations, are authorized.
(b) This general license does not authorize:
(1) Any transactions related to the offloading of crude oil of
Russian Federation origin, except for the offloading of crude oil
that is ordinarily incident and necessary to address vessel
emergencies authorized pursuant to paragraph (a) of this general
license;
(2) Any transactions related to the sale of crude oil of Russian
Federation origin; 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, unless separately authorized.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
Dated: November 22, 2022.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-27235 Filed 12-15-22; 8:45 am]
BILLING CODE P
</pre></body>
</html>Indexed from Federal Register on December 16, 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.