Notice2024-10161

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
May 16, 2024
Effective
May 6, 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 the name of a person who has been removed from the Sectoral Sanctions Identification List (SSI List).

Full Text

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<title>Federal Register, Volume 89 Issue 96 (Thursday, May 16, 2024)</title>
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[Federal Register Volume 89, Number 96 (Thursday, May 16, 2024)]
[Notices]
[Page 42928]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-10161]


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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 the name of a person who has been removed 
from the Sectoral Sanctions Identification List (SSI List).

DATES: OFAC's action described in this notice took effect on May 6, 
2024.

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 Specially Designated Nationals and Blocked Persons List (SDN 
List) and additional information concerning OFAC sanctions programs are 
available from OFAC's website at <a href="https://www.treasury.gov/ofac">https://www.treasury.gov/ofac</a>.

Notice of OFAC Actions

    On May 6, 2024, OFAC removed from the Sectoral Sanctions 
Identification List the person listed below, who was subject to 
prohibitions imposed pursuant to Executive Order 13662 of March 20, 
2014, ``Blocking Property of Additional Persons Contributing to the 
Situation in Ukraine (79 FR 16169, March 24, 2014).

Entity

    1. SBERBANK (SWITZERLAND) AG, Gartenstrasse 24, 8002 Zurich, 
Switzerland; PO Box 2136, Zurich 8027, Switzerland; Freigutstrasse 16, 
8027 Zurich, Switzerland; SWIFT/BIC SLBZCHZZ; website www.slb-bank.ch; 
Executive Order 13662 Directive Determination--Subject to Directive 1; 
Secondary sanctions risk: Ukraine-/Russia-Related Sanctions 
Regulations, 31 CFR 589.201 and/or 589.209; Registration ID CH-
020.3.908.277-7 (Switzerland); alt. Registration ID CHE-106.291.569 
(Switzerland); For more information on directives, please visit the 
following link: <a href="https://www.treasury.gov/resource-center/sanctions/Programs/Pages/ukraine.aspx#directives">https://www.treasury.gov/resource-center/sanctions/Programs/Pages/ukraine.aspx#directives</a>. [UKRAINE-EO13662] (Linked To: 
PUBLIC JOINT STOCK COMPANY SBERBANK OF RUSSIA).

    Dated: May 6, 2024.
Bradley T. Smith,
Director, Office of Foreign Assets Control, U.S. Department of the 
Treasury.
[FR Doc. 2024-10161 Filed 5-15-24; 8:45 am]
BILLING CODE 4810-AL-P


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Indexed from Federal Register on May 16, 2024.

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.