Rule2026-18565
Publication of Nicaragua Sanctions Regulations Web General License 5
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 11, 2026
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Nicaragua Sanctions Regulations: GL 5, which was previously made available on OFAC's website.
Full Text
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<title>Federal Register, Volume 91 Issue 175 (Friday, September 11, 2026)</title>
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[Federal Register Volume 91, Number 175 (Friday, September 11, 2026)]
[Rules and Regulations]
[Page 57791]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-18565]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 582
Publication of Nicaragua Sanctions Regulations Web General
License 5
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 a general license (GL) issued pursuant to
the Nicaragua Sanctions Regulations: GL 5, which was previously made
available on OFAC's website.
DATES: GL 5 was issued on April 16, 2026. See SUPPLEMENTARY INFORMATION
for additional relevant dates.
FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Regulatory Affairs, 202-622-4855; 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 April 16, 2026, OFAC issued GL 5 to authorize certain
transactions otherwise prohibited by the Nicaragua Sanctions
Regulations, 31 CFR part 582. This GL 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
Nicaragua Sanctions Regulations
31 CFR Part 582
GENERAL LICENSE NO. 5
Authorizing the Wind Down of Transactions Involving Exportadora de
Metales Sociedad Anonima
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by the Nicaragua Sanctions Regulations, 31
CFR part 582 (the NSR), that are ordinarily incident and necessary to
the wind down of any transaction involving Exportadora de Metales
Sociedad Anonima (EMSA), or any entity in which EMSA owns, directly or
indirectly, a 50 percent or greater interest, are authorized through
12:01 a.m. eastern daylight time, May 16, 2026, provided that any
payment to a blocked person is made into a blocked account in
accordance with the NSR.
(b) This general license does not authorize any transactions
otherwise prohibited by the NSR, including transactions involving any
person blocked pursuant to the NSR other than the blocked persons
described in paragraph (a) of this general license, unless separately
authorized.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: April 16, 2026.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2026-18565 Filed 9-10-26; 8:45 am]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on September 11, 2026.
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