Rule2023-19434
Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 13F
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
September 8, 2023
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one general license (GL) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GL 13F, which was previously made available on OFAC's website.
Full Text
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<title>Federal Register, Volume 88 Issue 173 (Friday, September 8, 2023)</title>
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[Federal Register Volume 88, Number 173 (Friday, September 8, 2023)]
[Rules and Regulations]
[Page 61963]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-19434]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 587
Publication of Russian Harmful Foreign Activities Sanctions
Regulations Web General License 13F
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of a web general license.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing one general license (GL) issued pursuant
to the Russian Harmful Foreign Activities Sanctions Regulations: GL
13F, which was previously made available on OFAC's website.
DATES: GL 13F was issued on August 10, 2023. 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 Compliance, 202-622-2490.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: <a href="https://ofac.treasury.gov">https://ofac.treasury.gov</a>.
Background
On August 10, 2023, OFAC issued GL 13F to authorize certain
transactions otherwise prohibited by the Russian Harmful Foreign
Activities Sanctions Regulations, 31 CFR part 587. GL 13F has an
expiration date of November 8, 2023, and was made available on OFAC's
website (<a href="https://ofac.treasury.gov">https://ofac.treasury.gov</a>) when it was issued. The text of
this GL is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
General License No. 13F
Authorizing Certain Administrative Transactions Prohibited by Directive
4 Under Executive Order 14024
(a) Except as provided in paragraph (b) of this general license,
U.S. persons, or entities owned or controlled, directly or
indirectly, by a U.S. person, are authorized to pay taxes, fees, or
import duties, and purchase or receive permits, licenses,
registrations, or certifications, to the extent such transactions
are prohibited by Directive 4 under Executive Order 14024,
Prohibitions Related to Transactions Involving the Central Bank of
the Russian Federation, the National Wealth Fund of the Russian
Federation, and the Ministry of Finance of the Russian Federation,
provided such transactions are ordinarily incident and necessary to
the day-to-day operations in the Russian Federation of such U.S.
persons or entities, through 12:01 a.m. eastern standard time,
November 8, 2023.
(b) This general license does not authorize:
(1) Any debit to an account on the books of a U.S. financial
institution of the Central Bank of the Russian Federation, the
National Wealth Fund of the Russian Federation, or the Ministry of
Finance of the Russian Federation; or
(2) Any transactions otherwise prohibited by the Russian Harmful
Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR),
including transactions involving any person blocked pursuant to the
RuHSR, unless separately authorized.
(c) Effective August 10, 2023, General License No. 13E, dated
May 19, 2023, is replaced and superseded in its entirety by this
General License No. 13F.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
Dated: August 10, 2023.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2023-19434 Filed 9-7-23; 8:45 am]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on September 8, 2023.
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.