Notice2024-07306

Notice of OFAC Sanctions Action

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
April 8, 2024

Issuing agencies

Treasury DepartmentForeign Assets Control Office

Abstract

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a removal of an entity currently included on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).

Full Text

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<title>Federal Register, Volume 89 Issue 68 (Monday, April 8, 2024)</title>
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[Federal Register Volume 89, Number 68 (Monday, April 8, 2024)]
[Notices]
[Page 24569]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-07306]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Notice of OFAC Sanctions Action

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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SUMMARY: The U.S. Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing a removal of an entity currently included 
on OFAC's Specially Designated Nationals and Blocked Persons List (SDN 
List).

DATES: See SUPPLEMENTARY INFORMATION section for applicable date(s).

FOR FURTHER INFORMATION CONTACT: OFAC: Bradley T. Smith, Director, 
tel.: 202-622-2490; Associate Director for Global Targeting, tel.: 202-
622-2420; Assistant Director for Licensing, tel.: 202-622-2480; 
Assistant Director for Regulatory Affairs, tel.: 202-622-4855; or the 
Assistant Director for Sanctions Compliance & Evaluation, tel.: 202-
622-2490.

SUPPLEMENTARY INFORMATION:

Electronic Availability

    The SDN List and additional information concerning OFAC sanctions 
programs are available on OFAC's website (<a href="https://www.treasury.gov/ofac">https://www.treasury.gov/ofac</a>).

Notice of OFAC Action(s)

    On April 2, 2024, OFAC removed from the SDN List the person listed 
below, which was subject to prohibitions imposed pursuant to Executive 
Order 14024 of April 15, 2021, ``Blocking Property With Respect To 
Specified Harmful Foreign Activities of the Government of the Russian 
Federation,'' 86 FR 20249, 3 CFR, 2021 Comp., p. 542 (Apr. 15, 2021) 
(E.O. 14024). On April 2, 2024, OFAC determined that the circumstances 
no longer warrant the inclusion of the following person on the SDN list 
under this authority. This person is no longer subject to the blocking 
provisions of section 1(a) of E.O. 14024.

Entity

    1. VTB BANK EUROPE SE (f.k.a OST-WEST HANDELSBANK AG; f.k.a VTB 
BANK DEUTSCHLAND AG), Ruesterstasse 7-9, Frankfurt am Main 60325, 
Germany; SWIFT/BIC DOBADEF1; website <a href="http://www.vtb.eu">http://www.vtb.eu</a>; Target Type 
Financial Institution [RUSSIA-EO14024] (Linked to: VTB BANK PUBLIC 
JOINT STOCK COMPANY).

    Dated: April 2, 2024.
Bradley T. Smith,
Director, Office of Foreign Assets Control, U.S. Department of the 
Treasury.
[FR Doc. 2024-07306 Filed 4-5-24; 8:45 am]
BILLING CODE 4810-AL-P


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Indexed from Federal Register on April 8, 2024.

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