[Federal Register Volume 87, Number 129 (Thursday, July 7, 2022)]
[Rules and Regulations]
[Pages 40441-40442]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-14452]



[[Page 40441]]

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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 Licenses 25B, 36, 37, and 38

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of Web General Licenses.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing four general licenses (GLs) issued 
pursuant to the Russian Harmful Foreign Activities Sanctions 
Regulations: GL 25B, GL 36, GL 37, and GL 38, each of which was 
previously issued on OFAC's website.

DATES: GL 25B, GL 36, GL 37, and GL 38 were each issued on June 2, 
2022. 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 Sanctions Compliance & 
Evaluation, 202-622-2490.

SUPPLEMENTARY INFORMATION: 

Electronic Availability

    This document and additional information concerning OFAC are 
available on OFAC's website: www.treas.gov/ofac.

Background

    On June 2, 2022, OFAC issued GL 25B, GL 36, GL 37, and GL 38 on its 
website to authorize certain transactions otherwise prohibited by the 
Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 
587. GL 25B and GL 38 do not contain expiration dates. GL 36 expires at 
12:01 a.m. eastern daylight time, August 31, 2022. GL 37 expires at 
12:01 a.m. eastern daylight time, July 1, 2022. The texts of GLs 25B, 
36, 37, and 38 are provided below.

OFFICE OF FOREIGN ASSETS CONTROL

Russian Harmful Foreign Activities Sanctions Regulations 31 CFR 
Part 587

GENERAL LICENSE NO. 25B

Authorizing Transactions Related to Telecommunications and Certain 
Internet-Based Communications

    (a) Except as provided in paragraph (c) of this general license, 
all transactions ordinarily incident and necessary to the receipt or 
transmission of telecommunications involving the Russian Federation 
that are prohibited by the Russian Harmful Foreign Activities 
Sanctions Regulations, 31 CFR part 587 (RuHSR), are authorized.
    (b) Except as provided in paragraph (c) of this general license, 
the exportation or reexportation, sale, or supply, directly or 
indirectly, from the United States or by U.S. persons, wherever 
located, to the Russian Federation of services, software, hardware, 
or technology incident to the exchange of communications over the 
internet, such as instant messaging, videoconferencing, chat and 
email, social networking, sharing of photos, movies, and documents, 
web browsing, blogging, web hosting, and domain name registration 
services, that is prohibited by the RuHSR, is authorized.
    (c) This general license does not authorize:
    (1) The opening or maintaining of a correspondent account or 
payable-through account for or on behalf of any entity subject to 
Directive 2 under Executive Order (E.O.) 14024, Prohibitions Related 
to Correspondent or Payable-Through Accounts and Processing of 
Transactions Involving Certain Foreign Financial Institutions;
    (2) 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;
    (3) Any transactions prohibited by E.O. 14066 or E.O. 14068; or
    (4) Any transactions involving Joint Stock Company Channel One 
Russia, Joint Stock Company NTV Broadcasting Company, Television 
Station Russia-1, or Limited Liability Algoritm, unless separately 
authorized.
    (d) Effective June 2, 2022, General License No. 25A, dated May 
8, 2022, is replaced and superseded in its entirety by this General 
License No. 25B.
    Note to General License No. 25B. Nothing in this general license 
relieves any person from compliance with any other Federal laws or 
requirements of other Federal agencies, including export, reexport, 
and transfer (in-country) licensing requirements maintained by the 
Department of Commerce's Bureau of Industry and Security under the 
Export Administration Regulations, 15 CFR parts 730-774.

Andrea M. Gacki,
Director, Office of Foreign Assets Control

Dated: June 2, 2022

OFFICE OF FOREIGN ASSETS CONTROL

Russian Harmful Foreign Activities Sanctions Regulations 31 CFR 
Part 587

GENERAL LICENSE NO. 36

Authorizing the Wind Down of Transactions Involving Public Joint Stock 
Company Severstal

    (a) Except as provided in paragraph (b) of this general license, 
all transactions prohibited by Executive Order (E.O.) 14024 that are 
ordinarily incident and necessary to the wind down of transactions 
involving Public Joint Stock Company Severstal, or any entity in 
which Public Joint Stock Company Severstal owns, directly or 
indirectly, a 50 percent or greater interest are authorized through 
12:01 a.m. eastern daylight time, August 31, 2022, provided that any 
payment to Public Joint Stock Company Severstal or any other blocked 
person must be made into a blocked account in accordance with the 
Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR 
part 587 (RuHSR):
    (b) This general license does not authorize:
    (1) Any transactions prohibited by Directive 2 under E.O. 14024, 
Prohibitions Related to Correspondent or Payable-Through Accounts 
and Processing of Transactions Involving Certain Foreign Financial 
Institutions;
    (2) Any transactions prohibited by Directive 4 under E.O. 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; 
or
    (3) Any transactions otherwise prohibited by the RuHSR, 
including transactions involving any person blocked pursuant to the 
RuHSR other than the blocked persons described in paragraph (a) of 
this general license, unless separately authorized.

Andrea M. Gacki,
Director, Office of Foreign Assets Control

Dated: June 2, 2022

OFFICE OF FOREIGN ASSETS CONTROL

Russian Harmful Foreign Activities Sanctions Regulations 31 CFR 
Part 587

GENERAL LICENSE NO. 37

Authorizing the Wind Down of Transactions Involving Nord Gold PLC

    (a) Except as provided in paragraph (b) of this general license, 
all transactions prohibited by Executive Order (E.O.) 14024 that are 
ordinarily incident and necessary to the wind down of transactions 
involving Nord Gold PLC or any entity in which Nord Gold PLC owns, 
directly or indirectly, a 50 percent or greater interest are 
authorized through 12:01 a.m. eastern daylight time, July 1, 2022, 
provided that any payment to Nord Gold PLC or any other blocked 
person must be made into a blocked account in accordance with the 
Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR 
part 587 (RuHSR).
    (b) This general license does not authorize:
    (1) Any transactions prohibited by Directive 2 under E.O. 14024, 
Prohibitions Related to Correspondent or Payable-Through Accounts 
and Processing of Transactions Involving Certain Foreign Financial 
Institutions;

[[Page 40442]]

    (2) Any transactions prohibited by Directive 4 under E.O. 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; 
or
    (3) Any transactions otherwise prohibited by the RuHSR, 
including transactions involving any person blocked pursuant to the 
RuHSR other than the blocked persons described in paragraph (a) of 
this general license, unless separately authorized.

Andrea M. Gacki,
Director, Office of Foreign Assets Control.

Dated: June 2, 2022

OFFICE OF FOREIGN ASSETS CONTROL

Russian Harmful Foreign Activities Sanctions Regulations 31 CFR 
Part 587

GENERAL LICENSE NO. 38

Authorizing Transactions Related to Pension Payments to U.S. Persons

    (a) Except as provided in paragraph (b) of this general license, 
all transactions ordinarily incident and necessary to the processing 
of pension payments to U.S. persons that are prohibited by Executive 
Order (E.O.) 14024 are authorized, provided that the only 
involvement of blocked persons is the processing of funds by 
financial institutions blocked pursuant to E.O. 14024.
    (b) This general license does not authorize:
    (1) The opening or maintaining of a correspondent account or 
payable-through account for or on behalf of any entity determined to 
be subject to the prohibitions of Directive 2, Prohibitions Related 
to Correspondent or Payable-Through Accounts and Processing of 
Transactions Involving Certain Foreign Financial Institutions;
    (2) 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
    (3) 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 other than the blocked persons described in paragraph (a) of 
this general license, unless separately authorized.

Andrea M. Gacki,
Director, Office of Foreign Assets Control.

    Dated: June 2, 2022.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-14452 Filed 7-6-22; 8:45 am]
BILLING CODE 4810-AL-P