Rule2022-27564
Addition of General Licenses for the Official Business of the United States Government and Certain International Organizations and Entities and Updates to the 50 Percent Rule Interpretive in OFAC Sanctions Regulations
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 21, 2022
Effective
December 21, 2022
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending its regulations in multiple sanctions programs to add, amend, or update general licenses authorizing official business of the United States government and official business of certain international organizations and entities, and update an interpretation explaining that the property and interests in property of an entity are blocked if one or more blocked persons own, whether individually or in the aggregate, directly or indirectly, a 50 percent or greater interest in the entity. Additionally, OFAC is updating the authority citation of several CFR parts to consolidate or shorten citations to conform to Federal Register requirements.
Full Text
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[Federal Register Volume 87, Number 244 (Wednesday, December 21, 2022)]
[Rules and Regulations]
[Pages 78470-78482]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-27564]
[[Page 78469]]
Vol. 87
Wednesday,
No. 244
December 21, 2022
Part VI
Department of the Treasury
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Office of Foreign Assets Control
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31 Parts 510, 525, et al.
Addition of General Licenses for the Official Business of the United
States Government and Certain International Organizations and Entities
and Updates to the 50 Percent Rule Interpretive in OFAC Sanctions
Regulations; Final Rule
Federal Register / Vol. 87, No. 244 / Wednesday, December 21, 2022 /
Rules and Regulations
[[Page 78470]]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Parts 510, 525, 536, 539, 541, 542, 544, 546, 547, 548, 549,
551, 552, 555, 558, 560, 561, 562, 569, 576, 579, 582, 583, 584,
585, 591, 594, 596, 597, and 598
Addition of General Licenses for the Official Business of the
United States Government and Certain International Organizations and
Entities and Updates to the 50 Percent Rule Interpretive in OFAC
Sanctions Regulations
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Final rule.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is amending its regulations in multiple sanctions
programs to add, amend, or update general licenses authorizing official
business of the United States government and official business of
certain international organizations and entities, and update an
interpretation explaining that the property and interests in property
of an entity are blocked if one or more blocked persons own, whether
individually or in the aggregate, directly or indirectly, a 50 percent
or greater interest in the entity. Additionally, OFAC is updating the
authority citation of several CFR parts to consolidate or shorten
citations to conform to Federal Register requirements.
DATES: This rule is effective December 21, 2022.
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
OFAC, in consultation with the Department of State, is amending
regulations in multiple OFAC-administered sanctions programs to
generally official business of the United States government, as well as
official business of certain international organizations and entities,
in multiple sanctions programs OFAC administers. Specifically, OFAC is
amending regulations to add a general license authorizing official
business of the United States government to the following parts of 31
CFR: 536, 539, 541, 544, 546, 547, 548, 549, 552, 555, 558, 560, 561,
562, 569, 576, 579, 583, 584, 594, 596, 597, and 598. Additionally,
OFAC is updating the existing general licenses authorizing official
business of the United States government in 31 CFR 510.513 and 542.522,
as well as corresponding text in 31 CFR 510.213 and 542.211 to conform
to current standards for OFAC general licenses.
OFAC is also adding a general license authorizing official business
of certain international organizations and entities to the following
parts of 31 CFR: 536, 539, 541, 544, 546, 547, 548, 549, 555, 558, 561,
562, 569, 576, 579, 582, 583, 584, 585, 594, 596, 597, and 598. OFAC is
also adding this general license to 31 CFR parts 525 and 591,
incorporating into 31 CFR part 525 the existing Burma General License
No. 2, which was previously issued on OFAC's website on March 25, 2021,
and incorporating into 31 CFR part 591 the existing Venezuela General
License No. 20B, which was previously issued on OFAC's website on
January 21, 2020. OFAC is also adding this general license to 31 CFR
parts 594 and 597, incorporating and expanding into both parts the
authorization found in Counter Terrorism General License No. 1, which
was previously issued on OFAC's website on April 12, 2006. The
aforementioned web general licenses in parts 525, 591, 594, and 597
will be removed from OFAC's website upon final issuance of this rule.
Finally, OFAC is updating the existing general license authorizing
activities of certain international organizations in 31 CFR parts 510,
551, 552, and 560 to conform to current standards for OFAC general
licenses. Based on the foreign policy considerations of each sanctions
program, the general licenses may list different sets of international
organizations across different programs, and some general licenses
exclude funds transfers made with knowledge or reason to know they are
intended for blocked persons, unless certain criteria are met.
OFAC is also updating an interpretation in several regulations to
explain that the property and interests in property of an entity are
blocked if one or more blocked persons own, whether individually or in
the aggregate, directly or indirectly, a 50 percent or greater interest
in the entity, whether or not the entity itself is incorporated into
OFAC's Specially Designated Nationals and Blocked Persons List (SDN
List). This interpretation conforms with current OFAC guidance. The
regulatory sections being updated with this interpretation are:
Sec. Sec. 541.411, 542.411, 544.411, 546.411, 548.411, 549.411,
558.406, 560.425, 562.406, 576.412, 584.410, 591.406, and 594.412. In
addition, relevant cross-references in the notes to the following
sections are also being updated: Sec. Sec. 541.301, 542.301, 544.301,
546.302, 548.301, 549.301, 558.301, 560.322, 562.301, 576.301, and
591.301.
Finally, OFAC is updating the authority citations of 31 CFR parts
555, 558, 562, 569, 579, 582, and 591 to consolidate or shorten
citations to conform to Federal Register requirements or make other
technical updates.
Public Participation
Because the regulations being amended involve a foreign affairs
function, the provisions of Executive Order (E.O.) 12866 of September
30, 1993, ``Regulatory Planning and Review'' (58 FR 51735, October 4,
1993), and the Administrative Procedure Act (5 U.S.C. 553) requiring
notice of proposed rulemaking, opportunity for public participation,
and delay in effective date, are inapplicable. Because no notice of
proposed rulemaking is required for this rule, the Regulatory
Flexibility Act (5 U.S.C. 601-612) does not apply.
Paperwork Reduction Act
The collections of information related to 31 CFR parts 510, 525,
536, 539, 541, 542, 544, 546, 547, 548, 549, 551, 552, 555, 558, 560,
561, 562, 569, 576, 579, 582, 583, 584, 585, 591, 594, 596, 597, and
598 are contained in 31 CFR part 501 (the ``Reporting, Procedures and
Penalties Regulations''). Pursuant to the Paperwork Reduction Act of
1995 (44 U.S.C. 3507), those collections of information have been
approved by the Office of Management and Budget (OMB) under control
number 1505-0164. The collection of information in 31 CFR 561.504(b)
has been approved by OMB under control number 1505-0243. An agency may
not conduct or sponsor, and a person is not required to respond to, a
collection of information unless the collection of information displays
a valid control number.
List of Subjects in 31 CFR Parts 510, 525, 536, 539, 541, 542, 544,
546, 547, 548, 549, 551, 552, 555, 558, 560, 561, 562, 569, 576,
579, 582, 583, 584, 585, 591, 594, 596, 597, and 598
Administrative practice and procedure, Banks, Banking, Blocking of
assets, Credit, Foreign trade, Penalties,
[[Page 78471]]
Reporting and recordkeeping requirements, Sanctions, Securities,
Services.
For the reasons set forth in the preamble, OFAC amends 31 CFR
chapter V as follows:
PART 510--NORTH KOREA SANCTIONS REGULATIONS
0
1. The authority citation for part 510 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; 22 U.S.C. 287c, 9201-9255; Pub. L. 101-410, 104 Stat.
890, as amended (28 U.S.C. 2461 note); Pub. L. 115-44, 131 Stat. 886
(codified in scattered sections of 22 U.S.C.); E.O. 13466, 73 FR
36787, 3 CFR, 2008 Comp., p. 195; E.O. 13551, 75 FR 53837, 3 CFR,
2010 Comp., p. 242; E.O. 13570, 76 FR 22291, 3 CFR, 2011 Comp., p.
233; E.O. 13687, 80 FR 819, 3 CFR, 2015 Comp., p. 259; E.O. 13722,
81 FR 14943, 3 CFR, 2016 Comp., p. 446; E.O. 13810, 82 FR 44705, 3
CFR, 2017 Comp., p. 379.
Subpart B--Prohibitions
Sec. 510.213 [Amended]
0
2. In Sec. 510.213, in paragraph (e) introductory text, remove the
word ``Federal'' and add in its place ``United States'' and remove note
3 to paragraph (e).
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
3. Revise Sec. 510.513 to read as follows:
Sec. 510.513 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
Note 1 to Sec. 510.513. Section 510.213(e) exempts transactions
for the conduct of the official business of the United States
Government by employees, grantees, or contractors thereof to the
extent such transactions are subject to the prohibitions contained
in Sec. Sec. 510.201(a)(1), (a)(3)(iv) through (vi), and (d),
510.206, and 510.208 through 510.211.
0
4. Revise Sec. 510.514 to read as follows:
Sec. 510.514 Official business of certain international organizations
and entities.
All transactions prohibited by this part that are for the conduct
of the official business of the following entities by employees,
grantees, or contractors thereof are authorized:
(a) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(b) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(c) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(d) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(e) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
Note 1 to Sec. 510.514. Section 510.213(e) exempts transactions
for the conduct of the official business of the United Nations by
employees, grantees, or contractors thereof to the extent such
transactions are subject to the prohibitions contained in Sec. Sec.
510.201(a)(1), (a)(3)(iv) through (vi), and (d), 510.206, and
510.208 through 510.211.
Note 2 to Sec. 510.514. Separate authorization from the
Department of Commerce may be required for the export or reexport of
items related to such transactions, if the items are subject to the
Export Administration Regulations, 15 CFR parts 730 through 774.
PART 525--BURMA SANCTIONS REGULATIONS
0
5. The authority citation for part 525 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 14014, 86 FR 9429, February 12, 2021.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
6. Add Sec. 525.510 to read as follows:
Sec. 525.510 Official business of certain international organizations
and entities.
All transactions prohibited by this part that are for the conduct
of the official business of the following entities by employees,
grantees, or contractors thereof are authorized:
(a) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(b) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(c) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(d) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies;
(e) International Development Law Organization (IDLO);
(f) The Association of Southeast Asian Nations (ASEAN);
(g) The Colombo Plan;
(h) The Consultative Group on International Agricultural Research
(CGIAR) System Organization and the International Agricultural Research
Centers supported by the CGIAR;
(i) The Extractive Industries Transparency Initiative (EITI); and
(j) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
PART 536--NARCOTICS TRAFFICKING SANCTION REGULATIONS
0
7. The authority citation for part 536 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 12978, 60 FR 54579, 3 CFR, 1995 Comp., p. 415; E.O.
13286, 68 FR 10619, 3 CFR, 2003 Comp., p. 166.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
8. Add Sec. 536.512 to read as follows:
Sec. 536.512 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
9. Add Sec. 536.513 to read as follows:
Sec. 536.513 Official business of certain international organizations
and entities.
(a) Except as provided in paragraph (b) of this section, all
transactions prohibited by this part that are for the conduct of the
official business of the following entities by employees, grantees, or
contractors thereof are authorized:
(1) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(2) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(3) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group
[[Page 78472]]
(IDB Group), including any fund entity administered or established by
any of the foregoing;
(4) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(5) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
(b) This section does not authorize funds transfers initiated or
processed with knowledge or reason to know that the intended
beneficiary of such transfers is a person blocked pursuant to this
part, other than for the purpose of effecting the payment of taxes,
fees, or import duties, or the purchase or receipt of permits,
licenses, or public utility services.
PART 539--WEAPONS OF MASS DESTRUCTION TRADE CONTROL REGULATIONS
0
10. The authority citation for part 539 continues to read as follows:
Authority: 3 U.S.C. 301; 22 U.S.C. 2751-2799aa-2; 31 U.S.C.
321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat.
890, as amended (28 U.S.C. 2461 note); E.O. 12938; 59 FR 59099; 3
CFR, 1994 Comp., p. 950; E.O. 13094; 63 FR 40803; 3 CFR, 1998 Comp.,
p. 200; E.O. 13382; 70 FR 38567, 3 CFR, 2005 Comp. p. 170.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
11. Revise Sec. 539.504 to read as follows:
Sec. 539.504 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
12. Add Sec. 539.505 to read as follows:
Sec. 539.505 Official business of certain international organizations
and entities.
(a) Except as provided in paragraph (b) of this section, all
transactions prohibited by this part that are for the conduct of the
official business of the following entities by employees, grantees, or
contractors thereof are authorized:
(1) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(2) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(3) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(4) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(5) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
(b) This section does not authorize funds transfers initiated or
processed with knowledge or reason to know that the intended
beneficiary of such transfers is a person blocked pursuant to this
part, other than for the purpose of effecting the payment of taxes,
fees, or import duties, or the purchase or receipt of permits,
licenses, or public utility services.
PART 541--ZIMBABWE SANCTIONS REGULATIONS
0
13. The authority citation for part 541 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 13288, 68 FR 11457, 3 CFR, 2003 Comp., p. 186; E.O.
13391, 70 FR 71201, 3 CFR, 2005 Comp., p. 206; E.O. 13469, 73 FR
43841, 3 CFR, 2008 Comp., p. 1025.
Subpart C--General Definitions
Sec. 541.301 [Amended]
0
14. In Sec. 541.301, designate Note to Sec. 541.301 as Note 1 to
Sec. 541.301 and remove the text ``50 percent or more owned by a
person'' and add in its place ``directly or indirectly owned, whether
individually or in the aggregate, 50 percent or more by one or more
persons''.
Subpart D--Interpretations
0
15. Revise Sec. 541.411 to read as follows:
Sec. 541.411 Entities owned by one or more persons whose property and
interests in property are blocked.
Persons whose property and interests in property are blocked
pursuant to Sec. 541.201 have an interest in all property and
interests in property of an entity in which such persons directly or
indirectly own, whether individually or in the aggregate, a 50 percent
or greater interest. The property and interests in property of such an
entity, therefore, are blocked, and such an entity is a person whose
property and interests in property are blocked pursuant to Sec.
541.201, regardless of whether the name of the entity is incorporated
into OFAC's Specially Designated Nationals and Blocked Persons List
(SDN List).
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
16. Add Sec. 541.510 to read as follows:
Sec. 541.510 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
17. Add Sec. 541.511 to read as follows:
Sec. 541.511 Official business of certain international organizations
and entities.
(a) Except as provided in paragraph (b) of this section, all
transactions prohibited by this part that are for the conduct of the
official business of the following entities by employees, grantees, or
contractors thereof are authorized:
(1) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(2) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(3) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(4) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(5) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
(b) This section does not authorize funds transfers initiated or
processed with knowledge or reason to know that the intended
beneficiary of such transfers is a person blocked pursuant to this
part, other than for the purpose of effecting the payment of taxes,
fees, or import duties, or the purchase or receipt of permits,
licenses, or public utility services.
PART 542--SYRIAN SANCTIONS REGULATIONS
0
18. The authority citation continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 18 U.S.C. 2332d; 22
U.S.C. 287c; 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104
[[Page 78473]]
Stat. 890, as amended (28 U.S.C. 2461 note); Pub. L. 116-92, Div. F,
Title LXXIV, 133 Stat. 2290 (22 U.S.C. 8791 note); E.O. 13338, 69 FR
26751, 3 CFR, 2004 Comp., p. 168; E.O. 13399, 71 FR 25059, 3 CFR,
2006 Comp., p. 218; E.O. 13460, 73 FR 8991, 3 CFR 2008 Comp., p.
181; E.O. 13572, 76 FR 24787, 3 CFR 2011 Comp., p. 236; E.O. 13573,
76 FR 29143, 3 CFR 2011 Comp., p. 241; E.O. 13582, 76 FR 52209, 3
CFR 2011 Comp., p. 264; E.O. 13606, 77 FR 24571, 3 CFR 2012 Comp.,
p. 243.
Subpart B--Prohibitions
Sec. 542.211 [Amended]
0
19. In Sec. 542.211, in paragraph (d) introductory text, remove the
word ``Federal'' and add in its place ``United States''.
Subpart C--General Definitions
Sec. 542.301 [Amended]
0
20. In Sec. 542.301, designate Note to Sec. 542.301 as Note 1 to
Sec. 542.301 and remove the text ``50 percent or more owned by a
person'' and add in its place ``directly or indirectly owned, whether
individually or in the aggregate, 50 percent or more by one or more
persons''.
Subpart D--Interpretations
0
21. Revise Sec. 542.411 to read as follows:
Sec. 542.411 Entities owned by one or more persons whose property and
interests in property are blocked.
(a) Persons whose property and interests in property are blocked
pursuant to Sec. 542.201 have an interest in all property and
interests in property of an entity in which such persons directly or
indirectly own, whether individually or in the aggregate, a 50 percent
or greater interest. The property and interests in property of such an
entity, therefore, are blocked, and such an entity is a person whose
property and interests in property are blocked pursuant to Sec.
542.201, regardless of whether the name of the entity is incorporated
into OFAC's Specially Designated Nationals and Blocked Persons List
(SDN List).
(b) This section, which deals with the consequences of ownership of
entities, in no way limits the definition of the Government of Syria in
Sec. 542.305, which includes within its definition other persons whose
property and interests in property are blocked but who are not on the
SDN List.
0
22. Revise Sec. 542.522 to read as follows:
Sec. 542.522 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
PART 544--WEAPONS OF MASS DESTRUCTION PROLIFERATORS SANCTIONS
REGULATIONS
0
23. The authority citation for part 544 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 12938, 59 FR 59099, 3 CFR, 1994 Comp., p. 950; E.O.
13094, 63 FR 40803, 3 CFR, 1998 Comp., p. 200; E.O. 13382, 70 FR
38567, 3 CFR, 2005 Comp., p. 170.
Subpart C--General Definitions
Sec. 544.301 [Amended]
0
24. In Sec. 544.301, designate Note to Sec. 544.301 as Note 1 to
Sec. 544.301 and remove the text ``50 percent or more owned by a
person'' and add in its place ``directly or indirectly owned, whether
individually or in the aggregate, 50 percent or more by one or more
persons''.
Subpart D--Interpretations
0
25. Revise Sec. 544.411 to read as follows:
Sec. 544.411 Entities owned by one or more persons whose property and
interests in property are blocked.
Persons whose property and interests in property are blocked
pursuant to Sec. 544.201 have an interest in all property and
interests in property of an entity in which such persons directly or
indirectly own, whether individually or in the aggregate, a 50 percent
or greater interest. The property and interests in property of such an
entity, therefore, are blocked, and such an entity is a person whose
property and interests in property are blocked pursuant to Sec.
544.201, regardless of whether the name of the entity is incorporated
into OFAC's Specially Designated Nationals and Blocked Persons List
(SDN List).
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
26. Add Sec. 544.510 to read as follows:
Sec. 544.510 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
27. Add Sec. 544.511 to read as follows:
Sec. 544.511 Official business of certain international organizations
and entities.
(a) Except as provided in paragraph (b) of this section, all
transactions prohibited by this part that are for the conduct of the
official business of the following entities by employees, grantees, or
contractors thereof are authorized:
(1) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(2) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(3) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(4) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(5) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
(b) This section does not authorize funds transfers initiated or
processed with knowledge or reason to know that the intended
beneficiary of such transfers is a person blocked pursuant to this
part, other than for the purpose of effecting the payment of taxes,
fees, or import duties, or the purchase or receipt of permits,
licenses, or public utility services.
PART 546--DARFUR SANCTIONS REGULATIONS
0
28. The authority citation for part 546 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 13067, 62 FR 59989, 3 CFR, 1997
Comp., p. 230; E.O. 13400, 71 FR 25483, 3 CFR, 2006 Comp., p. 220.
Subpart C--General Definitions
Sec. 546.302 [Amended]
0
29. In Sec. 546.302, designate Note to Sec. 546.302 as Note 1 to
Sec. 546.302 and remove the text ``50 percent or more owned by a
person'' and add in its place ``directly or indirectly owned, whether
individually or in the aggregate, 50
[[Page 78474]]
percent or more by one or more persons''.
Subpart D--Interpretations
0
30. Revise Sec. 546.411 to read as follows:
Sec. 546.411 Entities owned by one or more persons whose property and
interests in property are blocked.
Persons whose property and interests in property are blocked
pursuant to Sec. 546.201 have an interest in all property and
interests in property of an entity in which such persons directly or
indirectly own, whether individually or in the aggregate, a 50 percent
or greater interest. The property and interests in property of such an
entity, therefore, are blocked, and such an entity is a person whose
property and interests in property are blocked pursuant to Sec.
546.201, regardless of whether the name of the entity is incorporated
into OFAC's Specially Designated Nationals and Blocked Persons List
(SDN List).
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
31. Add Sec. 546.509 to read as follows:
Sec. 546.509 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
32. Add Sec. 546.510 to read as follows:
Sec. 546.510 Official business of certain international organizations
and entities.
(a) Except as provided in paragraph (b) of this section, all
transactions prohibited by this part that are for the conduct of the
official business of the following entities by employees, grantees, or
contractors thereof are authorized:
(1) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(2) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(3) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(4) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies;
(5) The Intergovernmental Authority on Development (IGAD); and
(6) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
(b) This section does not authorize funds transfers initiated or
processed with knowledge or reason to know that the intended
beneficiary of such transfers is a person blocked pursuant to this
part, other than for the purpose of effecting the payment of taxes,
fees, or import duties, or the purchase or receipt of permits,
licenses, or public utility services.
PART 547--DEMOCRATIC REPUBLIC OF THE CONGO SANCTIONS REGULATIONS
0
33. The authority citation for part 547 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 13413, 71 FR 64105, 3 CFR, 2006
Comp., p. 247; E.O. 13671, 79 FR 39949, 3 CFR, 2015 Comp., p. 280.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
34. Add Sec. 547.510 to read as follows:
Sec. 547.510 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
35. Add Sec. 547.511 to read as follows:
Sec. 547.511 Official business of certain international organizations
and entities.
All transactions prohibited by this part that are for the conduct
of the official business of the following entities by employees,
grantees, or contractors thereof are authorized:
(a) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(b) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(c) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(d) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies;
(e) The Extractive Industries Transparency Initiative (EITI); and
(f) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
PART 548--BELARUS SANCTIONS REGULATIONS
0
36. The authority citation for part 548 is revised to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 13405, 71 FR 35485, 3 CFR, 2006 Comp., p. 231.
Subpart C--General Definitions
Sec. 548.301 [Amended]
0
37. In Sec. 548.301, designate Note to Sec. 548.301 as Note 1 to
Sec. 548.301 and remove the text ``50 percent or more owned by a
person'' and add in its place ``directly or indirectly owned, whether
individually or in the aggregate, 50 percent or more by one or more
persons''.
Subpart D--Interpretations
0
38. Revise Sec. 548.411 to read as follows:
Sec. 548.411 Entities owned by one or more persons whose property and
interests in property are blocked.
Persons whose property and interests in property are blocked
pursuant to Sec. 548.201 have an interest in all property and
interests in property of an entity in which such persons directly or
indirectly own, whether individually or in the aggregate, a 50 percent
or greater interest. The property and interests in property of such an
entity, therefore, are blocked, and such an entity is a person whose
property and interests in property are blocked pursuant to Sec.
548.201, regardless of whether the name of the entity is incorporated
into OFAC's Specially Designated Nationals and Blocked Persons List
(SDN List).
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
39. Add Sec. 548.509 to read as follows:
Sec. 548.509 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
40. Add Sec. 548.510 to read as follows:
[[Page 78475]]
Sec. 548.510 Official business of certain international organizations
and entities.
All transactions prohibited by this part that are for the conduct
of the official business of the following entities by employees,
grantees, or contractors thereof are authorized:
(a) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(b) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(c) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(d) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(e) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
PART 549--LEBANON SANCTIONS REGULATIONS
0
41. The authority citation for part 549 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 13441, 72 FR 43499, 3 CFR, 2008 Comp., p. 232.
Subpart C--General Definitions
Sec. 549.301 [Amended]
0
42. In Sec. 549.301, designate Note to Sec. 549.301 as Note 1 to
Sec. 549.301 and remove the text ``50 percent or more owned by a
person'' and add in its place ``directly or indirectly owned, whether
individually or in the aggregate, 50 percent or more by one or more
persons''.
Subpart D--Interpretations
0
43. Revise Sec. 549.411 to read as follows:
Sec. 549.411 Entities owned by one or more persons whose property and
interests in property are blocked.
Persons whose property and interests in property are blocked
pursuant to Sec. 549.201 have an interest in all property and
interests in property of an entity in which such persons directly or
indirectly own, whether individually or in the aggregate, a 50 percent
or greater interest. The property and interests in property of such an
entity, therefore, are blocked, and such an entity is a person whose
property and interests in property are blocked pursuant to Sec.
549.201, regardless of whether the name of the entity is incorporated
into OFAC's Specially Designated Nationals and Blocked Persons List
(SDN List).
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
44. Add Sec. 549.509 to read as follows:
Sec. 549.509 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
45. Add Sec. 549.510 to read as follows:
Sec. 549.510 Official business of certain international organizations
and entities.
(a) Except as provided in paragraph (b) of this section, all
transactions prohibited by this part that are for the conduct of the
official business of the following entities by employees, grantees, or
contractors thereof are authorized:
(1) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(2) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(3) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(4) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies;
(5) The Arab Monetary Fund and the Islamic Development Bank; and
(6) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
(b) This section does not authorize funds transfers initiated or
processed with knowledge or reason to know that the intended
beneficiary of such transfers is a person blocked pursuant to this
part, other than for the purpose of effecting the payment of taxes,
fees, or import duties, or the purchase or receipt of permits,
licenses, or public utility services.
PART 551--SOMALIA SANCTIONS REGULATIONS
0
46. The authority citation for part 551 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 13536, 75 FR 19869, 3 CFR, 2010
Comp., p. 203; E.O. 13620, 77 FR 43483, 3 CFR, 2012 Comp., p. 281.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
47. Revise Sec. 551.511 to read as follows:
Sec. 551.511 Official business of certain international organizations
and entities.
All transactions prohibited by this part that are for the conduct
of the official business of the following entities by employees,
grantees, or contractors thereof are authorized:
(a) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(b) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(c) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(d) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies;
(e) Gavi, the Vaccine Alliance; and
(f) The Intergovernmental Authority on Development (IGAD).
PART 552--YEMEN SANCTIONS REGULATIONS
0
48. The authority citation continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 13611, 77 FR 29533, 3 CFR, 2012 Comp., p. 260.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
Sec. 552.510 [Redesignated as Sec. 552.511]
0
49. Redesignate Sec. 552.510 as Sec. 552.511.
0
50. Add new Sec. 552.510 to read as follows:
[[Page 78476]]
Sec. 552.510 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
51. Revise newly redesignated Sec. 552.511 to read as follows:
Sec. 552.511 Official business of certain international organizations
and entities.
All transactions prohibited by this part that are for the conduct
of the official business of the following entities by employees,
grantees, or contractors thereof are authorized:
(a) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(b) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(c) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(d) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(e) The Arab Monetary Fund and the Islamic Development Bank; and
(f) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
PART 555--MALI SANCTIONS REGULATIONS
0
52. The authority citation for part 555 is revised to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 13882, 84 FR 37055, 3 CFR, 2019 Comp., p. 346.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
53. Add Sec. 555.509 to read as follows:
Sec. 555.509 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
54. Add Sec. 555.510 to read as follows:
Sec. 555.510 Official business of certain international organizations
and entities.
All transactions prohibited by this part that are for the conduct
of the official business of the following entities by employees,
grantees, or contractors thereof are authorized:
(a) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(b) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(c) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(d) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(e) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
PART 558--SOUTH SUDAN SANCTIONS REGULATIONS
0
55. The authority citation for part 558 is revised to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 13664, 79 FR 19283, 3 CFR, 2014 Comp., p. 238.
Subpart C--General Definitions
Sec. 558.301 [Amended]
0
56. In Sec. 558.301, designate Note to Sec. 558.301 as Note 1 to
Sec. 558.301 and remove the text ``50 percent or more owned by a
person'' and add in its place ``directly or indirectly owned, whether
individually or in the aggregate, 50 percent or more by one or more
persons''.
Subpart D--Interpretations
0
57. Revise Sec. 558.406 to read as follows:
Sec. 558.406 Entities owned by one or more persons whose property and
interests in property are blocked.
Persons whose property and interests in property are blocked
pursuant to Sec. 558.201 have an interest in all property and
interests in property of an entity in which such persons directly or
indirectly own, whether individually or in the aggregate, a 50 percent
or greater interest. The property and interests in property of such an
entity, therefore, are blocked, and such an entity is a person whose
property and interests in property are blocked pursuant to Sec.
558.201, regardless of whether the name of the entity is incorporated
into OFAC's Specially Designated Nationals and Blocked Persons List
(SDN List).
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
58. Add Sec. 558.509 to read as follows:
Sec. 558.509 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
59. Add Sec. 558.510 to read as follows:
Sec. 558.510 Official business of certain international organizations
and entities.
(a) Except as provided in paragraph (b) of this section, all
transactions prohibited by this part that are for the conduct of the
official business of the following entities by employees, grantees, or
contractors thereof are authorized:
(1) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(2) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(3) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(4) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies;
(5) The Intergovernmental Authority on Development (IGAD); and
(6) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
(b) This section does not authorize funds transfers initiated or
processed with knowledge or reason to know that the intended
beneficiary of such transfers is a person blocked pursuant to this
part, other than for the purpose of effecting the payment of taxes,
fees, or import duties, or the purchase or receipt of permits,
licenses, or public utility services.
[[Page 78477]]
PART 560--IRANIAN TRANSACTIONS AND SANCTIONS REGULATIONS
0
60. The authority citation for part 560 continues to read as follows:
Authority: 3 U.S.C. 301; 18 U.S.C. 2339B, 2332d; 22 U.S.C.
2349aa-9, 7201-7211, 8501-8551, 8701-8795; 31 U.S.C. 321(b); 50
U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 12613, 52 FR 41940, 3 CFR, 1987
Comp., p. 256; E.O. 12957, 60 FR 14615, 3 CFR, 1995 Comp., p. 332;
E.O. 12959, 60 FR 24757, 3 CFR, 1995 Comp., p. 356; E.O. 13059, 62
FR 44531, 3 CFR, 1997 Comp., p. 217; E.O. 13599, 77 FR 6659, 3 CFR,
2012 Comp., p. 215; E.O. 13846, 83 FR 38939, 3 CFR, 2018 Comp., p.
854.
Subpart C--General Definitions
Sec. 560.322 [Amended]
0
61. In Sec. 560.322, designate Note to Sec. 560.322 as Note 1 to
Sec. 560.322 and remove the text ``50 percent or more owned by a
person'' and add in its place ``directly or indirectly owned, whether
individually or in the aggregate, 50 percent or more by one or more
persons''.
Subpart D--Interpretations
0
62. Revise Sec. 560.425 to read as follows:
Sec. 560.425 Entities owned by one or more persons whose property and
interests in property are blocked.
(a) Persons whose property and interests in property are blocked
pursuant to Sec. 560.211 have an interest in all property and
interests in property of an entity in which such persons directly or
indirectly own, whether individually or in the aggregate, a 50 percent
or greater interest. The property and interests in property of such an
entity, therefore, are blocked, and such an entity is a person whose
property and interests in property are blocked pursuant to Sec.
560.211, regardless of whether the entity itself is identified as a
person whose property and interests in property are blocked pursuant to
Sec. 560.211.
(b) This section, which deals with the consequences of ownership of
entities, in no way limits the definition of the Government of Iran in
Sec. 560.304.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
63. Revise Sec. 560.539 to read as follows:
Sec. 560.539 Official business of certain international organizations
and entities.
(a) Except as provided in paragraph (b) of this section, all
transactions prohibited by this part that are for the conduct of the
official business of the following entities by employees, grantees, or
contractors thereof are authorized:
(1) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(2) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(3) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(4) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(5) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
(b) This section does not authorize any transactions or activities
involving the Iranian Red Crescent Society.
0
64. Add Sec. 560.557 to read as follows:
Sec. 560.557 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
PART 561--IRANIAN FINANCIAL SANCTIONS REGULATIONS
0
65. The authority citation for part 561 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; 22 U.S.C. 8501-8551, 8701-8795; Pub. L. 101-410, 104
Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 12957, 60 FR
14615, 3 CFR, 1995 Comp., p. 332; E.O. 13553, 75 FR 60567, 3 CFR,
2010 Comp., p. 253; E.O. 13599, 77 FR 6659, 3 CFR, 2012 Comp., p.
215; E.O. 13846, 83 FR 38939, 3 CFR, 2018 Comp., p. 854; E.O. 13871,
84 FR 20761, 3 CFR, 2019 Comp., p. 309.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
66. Add Sec. 561.505 to read as follows:
Sec. 561.505 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
PART 562--IRANIAN SECTOR AND HUMAN RIGHTS ABUSES SANCTIONS
REGULATIONS
0
67. The authority citation for part 562 is revised to read as follows:
Authority: 3 U.S.C. 301; 18 U.S.C. 2332d; 22 U.S.C. 8501-8551;
31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410,
104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 12957, 60 FR
14615, 3 CFR, 1995 Comp., p. 332; E.O. 13553, 75 FR 60567, 3 CFR,
2010 Comp., p. 253; E.O. 13871, 84 FR 20761, 3 CFR, 2019 Comp., p.
308.
Subpart C--General Definitions
Sec. 562.301 [Amended]
0
68. In Sec. 562.301, designate Note to Sec. 562.301 as Note 1 to
Sec. 562.301 and remove the text ``50 percent or more owned by a
person'' and add in its place ``directly or indirectly owned, whether
individually or in the aggregate, 50 percent or more by one or more
persons''.
Subpart D--Interpretations
0
69. Revise Sec. 562.406 to read as follows:
Sec. 562.406 Entities owned by one or more persons whose property and
interests in property are blocked.
Persons whose property and interests in property are blocked
pursuant to Sec. 562.201 have an interest in all property and
interests in property of an entity in which such persons directly or
indirectly own, whether individually or in the aggregate, a 50 percent
or greater interest. The property and interests in property of such an
entity, therefore, are blocked, and such an entity is a person whose
property and interests in property are blocked pursuant to Sec.
562.201, regardless of whether the name of the entity is incorporated
into OFAC's Specially Designated Nationals and Blocked Persons List
(SDN List).
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
70. Add Sec. 562.508 to read as follows:
Sec. 562.508 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
71. Add Sec. 562.509 to read as follows:
Sec. 562.509 Official business of certain international organizations
and entities.
All transactions prohibited by this part that are for the conduct
of the official business of the following entities
[[Page 78478]]
by employees, grantees, or contractors thereof are authorized:
(a) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(b) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(c) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(d) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(e) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
PART 569--SYRIA-RELATED SANCTIONS REGULATIONS
0
72. The authority citation for part 569 is revised to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 13894, 84 FR 55851, 3 CFR, 2019 Comp., p. 382.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
73. Add Sec. 569.509 to read as follows:
Sec. 569.509 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
74. Add Sec. 569.510 to read as follows:
Sec. 569.510 Official business of certain international organizations
and entities.
(a) Except as provided in paragraph (b) of this section, all
transactions prohibited by this part that are for the conduct of the
official business of the following entities by employees, grantees, or
contractors thereof are authorized:
(1) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(2) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(3) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(4) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies;
(5) The Arab Monetary Fund and the Islamic Development Bank; and
(6) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
(b) This section does not authorize funds transfers initiated or
processed with knowledge or reason to know that the intended
beneficiary of such transfers is a person blocked pursuant to this
part, other than for the purpose of effecting the payment of taxes,
fees, or import duties, or the purchase or receipt of permits,
licenses, or public utility services.
PART 576--IRAQ STABILIZATION AND INSURGENCY SANCTIONS REGULATIONS
0
75. The authority citation for part 576 continues to read as follows:
Authority: 3 U.S.C. 301; 22 U.S.C. 287c; 31 U.S.C. 321(b); 50
U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 13303, 68 FR 31931, 3 CFR, 2003
Comp., p. 227; E.O. 13315, 68 FR 52315, 3 CFR, 2003 Comp., p. 252;
E.O. 13350, 69 FR 46055, 3 CFR, 2004 Comp., p. 196; E.O. 13364, 69
FR 70177, 3 CFR, 2004 Comp., p. 236; E.O. 13438, 72 FR 39719, 3 CFR,
2007 Comp., p. 224; E.O. 13668, 79 FR 31019, 3 CFR, 2014 Comp., p.
248.
Subpart C--General Definitions
Sec. 576.301 [Amended]
0
76. In Sec. 576.301, designate Note to Sec. 576.301 as Note 1 to
Sec. 576 and remove the text ``50 percent or more owned by a person''
and add in its place ``directly or indirectly owned, whether
individually or in the aggregate, 50 percent or more by one or more
persons''.
Subpart D--Interpretations
0
77. Revise Sec. 576.412 to read as follows:
Sec. 576.412 Entities owned by one or more persons whose property and
interests in property are blocked.
Persons whose property and interests in property are blocked
pursuant to Sec. 576.201 have an interest in all property and
interests in property of an entity in which such persons directly or
indirectly own, whether individually or in the aggregate, a 50 percent
or greater interest. The property and interests in property of such an
entity, therefore, are blocked, and such an entity is a person whose
property and interests in property are blocked pursuant to Sec.
576.201, regardless of whether the name of the entity is incorporated
into OFAC's Specially Designated Nationals and Blocked Persons List
(SDN List).
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
78. Add Sec. 576.513 to read as follows:
Sec. 576.513 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
79. Add Sec. 576.514 to read as follows:
Sec. 576.514 Official business of certain international organizations
and entities.
All transactions prohibited by this part that are for the conduct
of the official business of the following entities by employees,
grantees, or contractors thereof are authorized:
(a) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(b) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(c) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(d) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(e) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
PART 579--FOREIGN INTERFERENCE IN U.S. ELECTIONS SANCTIONS
REGULATIONS
0
80. The authority citation for part 579 is revised to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 13848, 83 FR 46843, 3 CFR, 2018 Comp., p. 869.
[[Page 78479]]
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
81. Add Sec. 579.509 to read as follows:
Sec. 579.509 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
82. Add Sec. 579.510 to read as follows:
Sec. 579.510 Official business of certain international organizations
and entities.
All transactions prohibited by this part that are for the conduct
of the official business of the following entities by employees,
grantees, or contractors thereof are authorized:
(a) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(b) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(c) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(d) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(e) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
PART 582--NICARAGUA SANCTIONS REGULATIONS
0
83. The authority citation for part 582 is revised to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); Pub. L. 115-335, 132 Stat. 5019 (50 U.S.C. 1701 note);
E.O. 13851, 83 FR 61505, 3 CFR, 2018 Comp., p. 884.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
Sec. 582.509 [Amended]
0
84. In Sec. 582.509, add a period to the end of the section heading.
0
85. Add Sec. 582.510 to read as follows:
Sec. 582.510 Official business of certain international organizations
and entities.
All transactions prohibited by this part that are for the conduct
of the official business of the following entities by employees,
grantees, or contractors thereof are authorized:
(a) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(b) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(c) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(d) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(e) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
PART 583--GLOBAL MAGNITSKY SANCTIONS REGULATIONS
0
86. The authority citation for part 583 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); Pub. L. 114-328, Div. A, Title XII, Subt. F, 130 Stat.
2533 (22 U.S.C. 2656 note); E.O. 13818, 82 FR 60839, 3 CFR, 2017
Comp., p. 399.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
87. Add Sec. 583.509 to read as follows:
Sec. 583.509 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
88. Add Sec. 583.510 to read as follows:
Sec. 583.510 Official business of certain international organizations
and entities.
All transactions prohibited by this part that are for the conduct
of the official business of the following entities by employees,
grantees, or contractors thereof are authorized:
(a) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(b) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(c) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(d) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(e) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
PART 584--MAGNITSKY ACT SANCTIONS REGULATIONS
0
89. The authority citation for part 584 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); Pub. L. 112-208, Title IV, 126 Stat. 1502 (22 U.S.C.
5811 note).
Subpart D--Interpretations
Sec. 584.410 [Amended]
0
90. In Sec. 584.410, remove the text ``Sec. 584.201(a)'' and add in
its place ``Sec. 584.201'' in both instances where it appears, and
remove the text ``in which such blocked'' and add in its place ``of an
entity in which such''.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
91. Add Sec. 584.510 to read as follows:
Sec. 584.510 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
92. Add Sec. 584.511 to read as follows:
Sec. 584.511 Official business of certain international organizations
and entities.
All transactions prohibited by this part that are for the conduct
of the official business of the following entities by employees,
grantees, or contractors thereof are authorized:
(a) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(b) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(c) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
[[Page 78480]]
administered or established by any of the foregoing;
(d) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(e) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
PART 585--HONG KONG-RELATED SANCTIONS REGULATIONS
0
93. The authority citation for part 585 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note);
E.O. 13936, 85 FR 43413, July 17, 2020.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
94. Add Sec. 585.510 to read as follows:
Sec. 585.510 Official business of certain international organizations
and entities.
All transactions prohibited by this part that are for the conduct
of the official business of the following entities by employees,
grantees, or contractors thereof are authorized:
(a) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(b) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(c) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(d) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(e) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
PART 591--VENEZUELA SANCTIONS REGULATIONS
0
95. The authority citation for part 591 is revised to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); Pub. L. 113-278, 128 Stat. 3011 (50 U.S.C. 1701 note);
E.O. 13692, 80 FR 12747, 3 CFR, 2015 Comp., p. 276; E.O. 13808, 82
FR 41155, 3 CFR, 2017 Comp., p. 377; E.O. 13827, 83 FR 12469, 3 CFR,
2018 Comp., p. 794; E.O. 13835, 83 FR 24001, 3 CFR, 2018 Comp., p.
817; E.O. 13850, 83 FR 55243, 3 CFR, 2018 Comp., p. 881; E.O. 13857,
84 FR 509, 3 CFR, 2019 Comp., p 251; E.O. 13884, 84 FR 38843, 3 CFR,
2019 Comp., p. 351.
Subpart C--General Definitions
Sec. 591.301 [Amended]
0
96. In Sec. 591.301, designate Note to Sec. 591.301 as Note 1 to
Sec. 591.301 and remove the text ``50 percent or more owned by a
person'' and add in its place ``directly or indirectly owned, whether
individually or in the aggregate, 50 percent or more by one or more
persons''.
Subpart D--Interpretations
0
97. Revise Sec. 591.406 to read as follows:
Sec. 591.406 Entities owned by one or more persons whose property and
interests in property are blocked.
(a) Persons whose property and interests in property are blocked
pursuant to Sec. 591.201 have an interest in all property and
interests in property of an entity in which such persons directly or
indirectly own, whether individually or in the aggregate, a 50 percent
or greater interest. The property and interests in property of such an
entity, therefore, are blocked, and such an entity is a person whose
property and interests in property are blocked pursuant to Sec.
591.201, regardless of whether the name of the entity is incorporated
into OFAC's Specially Designated Nationals and Blocked Persons List
(SDN List).
(b) This section, which deals with the consequences of ownership of
entities, in no way limits the definition of the Government of
Venezuela in E.O. 13884, which includes within its definition other
persons whose property and interests in property are blocked but who
are not on the SDN List.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
98. Add Sec. 591.510 to read as follows:
Sec. 591.510 Official business of certain international organizations
and entities.
All transactions prohibited by Executive Order (E.O.) 13850, as
amended by E.O. 13857 of January 25, 2019, involving Banco Central de
Venezuela, or E.O. 13884 involving the Government of Venezuela, that
are for the conduct of the official business of the following entities
by employees, grantees, or contractors thereof are authorized:
(a) Corporaci[oacute]n Andina de Fomento (CAF)
(b) Fondo Latinoamericano de Reservas
(c) Inter-American Development Bank
(d) International Committee of the Red Cross
(e) International Federation of the Red Cross and Red Crescent
Societies
(f) Organization of American States, and its specialized
organizations, other autonomous and decentralized organs, agencies,
entities, and dependencies
(g) The World Bank Group (also referred to as the World Bank),
including the International Bank for Reconstruction and Development
(IBRD), International Development Association (IDA), International
Finance Corporation (IFC), Multilateral Investment Guarantee Agency
(MIGA), and International Centre for Settlement of Investment Disputes
(ICSID)
(h) United Nations, including its Programmes and Funds, and its
Specialized Agencies and Related Organizations, including those
entities specifically listed separately below:
(1) IMF (International Monetary Fund)
(2) FAO (UN Food and Agriculture Organization)
(3) IOM (International Organization for Migration)
(4) OCHA (UN Office for the Coordination of Humanitarian Affairs)
(5) OHCHR (UN Office of the United Nations High Commissioner for
Human Rights)
(6) UN Habitat
(7) UNDP (UN Development Program)
(8) UNFPA (UN Population Fund)
(9) UNHCR (Office of the UN High Commissioner for Refugees)
(10) UNICEF (UN Children's Fund)
(11) WFP (World Food Program)
(12) The World Health Organization (WHO), including the Pan-
American Health Organization (PAHO)
PART 594--GLOBAL TERRORISM SANCTIONS REGULATIONS
0
99. The authority citation for part 594 continues to read as follows:
Authority: 3 U.S.C. 301; 22 U.S.C. 287c; 31 U.S.C. 321(b); 50
U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); Pub. L. 115-44, 131 Stat 886
(codified in scattered sections of 22 U.S.C.); Pub. L. 115-348, 132
Stat. 5055 (50 U.S.C. 1701 note); Pub. L. 114-102, 129 Stat. 2205,
as amended (50 U.S.C. 1701 note); E.O. 13224, 66 FR 49079, 3 CFR,
2001 Comp., p. 786; E.O. 13268, 67 FR 44751, 3 CFR 2002 Comp., p.
240; E.O. 13284, 68 FR 4075, 3 CFR, 2003 Comp., p. 161; E.O. 13372,
70 FR 8499, 3 CFR, 2006 Comp., p. 159.
Subpart C--General Definitions
0
100. Amend Sec. 594.301 by adding note 1 to Sec. 594.301 to read as
follows:
[[Page 78481]]
Sec. 594.301 Blocked account; blocked property.
* * * * *
Note 1 to Sec. 594.301. See Sec. 594.412 concerning the
blocked status of property and interests in property of an entity
that is directly or indirectly owned, whether individually or in the
aggregate, 50 percent or more by one or more persons whose property
and interests in property are blocked pursuant to Sec. 594.201.
Subpart D--Interpretations
0
101. Revise Sec. 594.412 to read as follows:
Sec. 594.412 Entities owned by one or more persons whose property and
interests in property are blocked.
Persons whose property and interests in property are blocked
pursuant to Sec. 594.201 have an interest in all property and
interests in property of an entity in which such persons directly or
indirectly own, whether individually or in the aggregate, a 50 percent
or greater interest. The property and interests in property of such an
entity, therefore, are blocked, and such an entity is a person whose
property and interests in property are blocked pursuant to Sec.
594.201, regardless of whether the name of the entity is incorporated
into OFAC's Specially Designated Nationals and Blocked Persons List
(SDN List).
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
Sec. 594.510 [Amended]
0
102. Amend Sec. 594.510 as follows:
0
a. In the section heading;, remove the text ``Official activities of
certain international organizations;'';
0
b. Remove paragraphs (a) and (c); and
0
c. Remove the paragraph designation of paragraph (b).
0
103. Add Sec. 594.518 to read as follows:
Sec. 594.518 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
104. Add Sec. 594.519 to read as follows:
Sec. 594.519 Official business of certain international organizations
and entities.
(a) Except as provided in paragraph (b) of this section, all
transactions prohibited by this part that are for the conduct of the
official business of the following entities by employees, grantees, or
contractors thereof are authorized:
(1) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(2) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(3) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing; and
(4) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(5) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
(b) This section does not authorize funds transfers initiated or
processed with knowledge or reason to know that the intended
beneficiary of such transfers is a person blocked pursuant to this
part, other than for the purpose of effecting the payment of taxes,
fees, or import duties, or the purchase or receipt of permits,
licenses, or public utility services.
PART 596--TERRORISM LIST GOVERNMENTS SANCTIONS REGULATIONS
0
105. The authority citation for part 596 continues to read as follows:
Authority: 18 U.S.C. 2332d; 22 U.S.C. 7201-7211; 31 U.S.C.
321(b).
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
106. Add Sec. 596.507 to read as follows:
Sec. 596.507 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
107. Add Sec. 596.508 to read as follows:
Sec. 596.508 Official business of certain international organizations
and entities.
(a) Except as provided in paragraph (b) of this section, all
transactions prohibited by this part that are for the conduct of the
official business of the following entities by employees, grantees, or
contractors thereof are authorized:
(1) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(2) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(3) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(4) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(5) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
(b) This section does not authorize funds transfers initiated or
processed with knowledge or reason to know that the intended
beneficiary of such transfers is a person blocked pursuant to this
part, other than for the purpose of effecting the payment of taxes,
fees, or import duties, or the purchase or receipt of permits,
licenses, or public utility services.
PART 597--FOREIGN TERRORIST ORGANIZATIONS SANCTIONS REGULATIONS
0
108. The authority citation for part 597 continues to read as follows:
Authority: 8 U.S.C. 1189; 18 U.S.C. 2339B; 31 U.S.C. 321(b);
Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note).
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
109. Add Sec. 597.514 to read as follows:
Sec. 597.514 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
110. Add Sec. 597.515 to read as follows:
Sec. 597.515 Official business of certain international organizations
and entities.
(a) Except as provided in paragraph (b) of this section, all
transactions prohibited by this part that are for the conduct of the
official business of the following entities by employees, grantees, or
contractors thereof are authorized:
(1) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(2) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
[[Page 78482]]
(3) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing; and
(4) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(5) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
(b) This section does not authorize funds transfers initiated or
processed with knowledge or reason to know that the intended
beneficiary of such transfers is a person blocked pursuant to this
part, other than for the purpose of effecting the payment of taxes,
fees, or import duties, or the purchase or receipt of permits,
licenses, or public utility services.
PART 598--FOREIGN NARCOTICS KINGPIN SANCTIONS REGULATIONS
0
111. The authority citation for part 598 continues to read as follows:
Authority: 3 U.S.C. 301; 21 U.S.C. 1901-1908; 31 U.S.C. 321(b);
Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note).
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
0
112. Add Sec. 598.513 to read as follows:
Sec. 598.513 Official business of the United States Government.
All transactions prohibited by this part that are for the conduct
of the official business of the United States Government by employees,
grantees, or contractors thereof are authorized.
0
113. Add Sec. 598.514 to read as follows:
Sec. 598.514 Official business of certain international organizations
and entities.
(a) Except as provided in paragraph (b) of this section, all
transactions prohibited by this part that are for the conduct of the
official business of the following entities by employees, grantees, or
contractors thereof are authorized:
(1) The United Nations, including its Programmes, Funds, and Other
Entities and Bodies, as well as its Specialized Agencies and Related
Organizations;
(2) The International Centre for Settlement of Investment Disputes
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
(3) The African Development Bank Group, the Asian Development Bank,
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity
administered or established by any of the foregoing;
(4) The International Committee of the Red Cross and the
International Federation of Red Cross and Red Crescent Societies; and
(5) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and
Gavi, the Vaccine Alliance.
(b) This section does not authorize funds transfers initiated or
processed with knowledge or reason to know that the intended
beneficiary of such transfers is a person blocked pursuant to this
part, other than for the purpose of effecting the payment of taxes,
fees, or import duties, or the purchase or receipt of permits,
licenses, or public utility services.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-27564 Filed 12-20-22; 8:45 am]
BILLING CODE 4810-AL-P
</pre></body>
</html>Indexed from Federal Register on December 21, 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.