Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 13K

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Published

October 24, 2024

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 13K, which was previously made available on OFAC's website.

Full Text

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<title>Federal Register, Volume 89 Issue 206 (Thursday, October 24, 2024)</title>
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[Federal Register Volume 89, Number 206 (Thursday, October 24, 2024)]
[Rules and Regulations]
[Page 84820]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-24737]


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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 13K

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 
13K, which was previously made available on OFAC's website.

DATES: GL 13K was issued on September 30, 2024. 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 or 
<a href="https://ofac.treasury.gov/contact-ofac">https://ofac.treasury.gov/contact-ofac</a>.

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 September 30, 2024, OFAC issued GL 13K to authorize certain 
transactions otherwise prohibited by the Russian Harmful Foreign 
Activities Sanctions Regulations, 31 CFR part 587. GL 13K superseded GL 
13J 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. 13K

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, 
certifications, or tax refunds 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, January 8, 2025.
    (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 September 30, 2024, General License No. 13J, dated 
July 10, 2024, is replaced and superseded in its entirety by this 
General License No. 13K.

Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.

    Dated: September 30, 2024.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2024-24737 Filed 10-23-24; 8:45 am]
BILLING CODE 4810-AL-P


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