Notice2024-26666

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
November 15, 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 removal of an entity currently on OFAC's Sectoral Sanctions Identifications List (SSI List) based on OFAC's determination that one or more applicable legal criteria were satisfied.

Full Text

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<title>Federal Register, Volume 89 Issue 221 (Friday, November 15, 2024)</title>
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[Federal Register Volume 89, Number 221 (Friday, November 15, 2024)]
[Notices]
[Page 90394]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-26666]


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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 removal of an entity currently on 
OFAC's Sectoral Sanctions Identifications List (SSI List) based on 
OFAC's determination that one or more applicable legal criteria were 
satisfied.

DATES: This action was issued on October 30, 2024. See SUPPLEMENTARY 
INFORMATION for relevant dates.

FOR FURTHER INFORMATION CONTACT: OFAC: Associate Director for Global 
Targeting, 202-622-2420 or <a href="https://ofac.treasury.gov/contact-ofac">https://ofac.treasury.gov/contact-ofac</a>.

SUPPLEMENTARY INFORMATION:

Electronic Availability

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

Notice of OFAC Action

    On October 30, 2024, OFAC removed from the SSI List the entity 
listed below, who was subject to the prohibitions of Directive 1 
imposed pursuant to E.O. 13662.

Entity

    1. PROMINVESTBANK (a.k.a. COMMERCIAL INDUSTRIAL AND INVESTMENT 
BANK PUBLIC JOINT STOCK COMPANY; a.k.a. JOINT STOCK COMMERCIAL 
INDUSTRIAL AND INVESTMENT BANK PUBLIC JOINT STOCK COMPANY; a.k.a. 
PSC PROMINVESTBANK; a.k.a. PUBLIC STOCK COMPANY JOINT STOCK 
COMMERCIAL INDUSTRIAL AND INVESTMENT BANK), 12, Shevchenko lane, 
Kyiv 01001, Ukraine; SWIFT/BIC UPIBUAUX; website pib.ua; 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; Organization Established 
Date 26 Aug 1992; Target Type Financial Institution; Registration 
Number 00039002 (Ukraine); All offices worldwide; for more 
information on directives, please visit the following link: <a href="http://www.treasury.gov/resource-center/sanctions/Programs/Pages/ukraine.aspx#directives">http://www.treasury.gov/resource-center/sanctions/Programs/Pages/ukraine.aspx#directives</a>. [UKRAINE-EO13662] (Linked To: STATE 
CORPORATION BANK FOR DEVELOPMENT AND FOREIGN ECONOMIC AFFAIRS 
VNESHECONOMBANK).

Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2024-26666 Filed 11-14-24; 8:45 am]
BILLING CODE 4810-AL-P


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Indexed from Federal Register on November 15, 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.