[Federal Register Volume 87, Number 174 (Friday, September 9, 2022)]
[Rules and Regulations]
[Pages 55274-55276]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-19509]



[[Page 55274]]

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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 1, 1A, 2, 3, 4, 5, and 7

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 seven general licenses (GLs) issued in the 
Russian Harmful Foreign Activities Sanctions program: GLs 1, 1A, 2, 3, 
4, 5, and 7, each of which was previously made available on OFAC's 
website.

DATES: GL1, issued on May 21, 2021, was superseded by GL 1A, issued on 
August 20, 2021. 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 May 21, 2021, OFAC issued GL 1 to authorize certain activities 
prohibited by the Protecting Europe's Energy Security Act of 2019, 22 
U.S.C. 9526 note, as amended. On August 20, 2021, OFAC issued GL 1A, 
which superseded GL 1.
    On February 22, 2022, OFAC issued GL 2 and GL 3 to authorize 
certain activities prohibited by Executive Order (E.O.) 14024 of April 
15, 2021, ``Blocking Property With Respect To Specified Harmful Foreign 
Activities of the Government of the Russian Federation'' (86 FR 20249, 
April 19, 2022). GL 3 expired on March 24, 2022. On February 23, 2022, 
OFAC issued GL 4 to authorize certain activities prohibited by E.O. 
14039 of August 20, 2021, ``Blocking Property with Respect to Certain 
Russian Energy Export Pipelines'' (86 FR 47205, August 24, 2021). GL 4 
expired on March 2, 2022.
    On February 24, 2022, OFAC issued GLs 5 and 7, among others, to 
authorize certain activities prohibited by E.O. 14024.
    At the time of issuance, OFAC made GLs 1, 1A, 2, 3, 4, 5, and 7 
available on its website (www.treas.gov/ofac). The text of these GLs is 
provided below.

OFFICE OF FOREIGN ASSETS CONTROL

Protecting Europe's Energy Security Act of 2019 22 U.S.C. 9526 Note, as 
Amended

GENERAL LICENSE NO. 1

Authorizing Certain Activities Involving Federal State Budgetary 
Institution Marine Rescue Service

    (a) Except as provided in paragraph (b) of this general license, 
all transactions and activities prohibited by the Protecting Europe's 
Energy Security Act of 2019, 22 U.S.C. 9526 note, as amended (PEESA), 
involving Federal State Budgetary Institution Marine Rescue Service 
(MRS), or any entity in which MRS owns, directly or indirectly, a 50 
percent or greater interest, that are not related to the construction 
of the Nord Stream 2 pipeline project, the TurkStream pipeline project, 
or any project that is a successor to either such project, are 
authorized.
    (b) This general license does not authorize:
    (1) Any transactions or activities involving any vessels identified 
on the Office of Foreign Assets Control's Non-SDN Menu-Based Sanctions 
List (NS-MBS List) as blocked property of MRS or of any entity in which 
MRS owns, directly or indirectly, a 50 percent or greater interest; or
    (2) Any transactions or activities otherwise prohibited by PEESA, 
or prohibited by any part of 31 CFR chapter V, other statute, or 
Executive order, or involving any blocked person other than the blocked 
persons identified in paragraph (a) of this general license.

Bradley T. Smith,

Acting Director, Office of Foreign Assets Control.

    Dated: May 21, 2021.

OFFICE OF FOREIGN ASSETS CONTROL

Executive Order of August 20, 2021

Blocking Property With Respect to Certain Russian Energy Export 
Pipelines

Protecting Europe's Energy Security Act of 2019 22 U.S.C. 9526 Note, as 
Amended

GENERAL LICENSE NO. 1A

Authorizing Certain Activities Involving Federal State Budgetary 
Institution Marine Rescue Service

    (a) Except as provided in paragraph (b) of this general license, 
all transactions and activities prohibited by Executive Order (E.O.) of 
August 20, 2021 or the Protecting Europe's Energy Security Act of 2019, 
22 U.S.C. 9526 note, as amended (PEESA), involving Federal State 
Budgetary Institution Marine Rescue Service (MRS), or any entity in 
which MRS owns, directly or indirectly, a 50 percent or greater 
interest, that are not related to the construction of the Nord Stream 2 
pipeline project, the TurkStream pipeline project, or any project that 
is a successor to either such project, are authorized.
    (b) This general license does not authorize:
    (1) Any transactions or activities involving any vessels identified 
on the Office of Foreign Assets Control's Specially Designated 
Nationals and Blocked Persons List (SDN List) as blocked property of 
MRS, including vessels identified as blocked property of any entity in 
which MRS owns, directly or indirectly, a 50 percent or greater 
interest; or
    (2) Any transactions or activities otherwise prohibited by E.O. of 
August 20, 2021 or PEESA, or prohibited by any part of 31 CFR chapter 
V, other statute, or other Executive order, or involving any blocked 
person other than the blocked persons identified in paragraph (a) of 
this general license.
    (c) Effective August 20, 2021, General License No. 1, dated May 21, 
2021, is replaced and superseded in its entirety by this General 
License No. 1A.

Bradley T. Smith,

Acting Director, Office of Foreign Assets Control.

    Dated: August 20, 2021.

[[Page 55275]]

OFFICE OF FOREIGN ASSETS CONTROL

Executive Order 14024 of April 15, 2021

Blocking Property With Respect to Specified Harmful Foreign Activities 
of the Government of the Russian Federation

GENERAL LICENSE NO. 2

Authorizing Certain Servicing Transactions Involving State Corporation 
Bank for Development and Foreign Economic Affairs Vnesheconombank

    (a) Except as provided in paragraph (b) of this general license, 
all transactions prohibited by Executive Order (E.O.) 14024 involving 
State Corporation Bank for Development and Foreign Economic Affairs 
Vnesheconombank (VEB), or any entity in which VEB owns, directly or 
indirectly, a 50 percent or greater interest, that are ordinarily 
incident and necessary to the servicing of bonds issued before March 1, 
2022 by the Central Bank of the Russian Federation, the National Wealth 
Fund of the Russian Federation, or the Ministry of Finance of the 
Russian Federation are authorized.
    (b) This general license does not authorize:
    (1) Any transactions prohibited by Directive 1A under E.O. 14024, 
Prohibitions Related to Certain Sovereign Debt of the Russian 
Federation; or
    (2) Any transactions involving any person blocked pursuant to E.O. 
14024 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: February 22, 2022.

OFFICE OF FOREIGN ASSETS CONTROL

Executive Order 14024 of April 15, 2021

Blocking Property With Respect To Specified Harmful Foreign Activities 
of the Government of the Russian Federation

GENERAL LICENSE NO. 3

Authorizing the Wind Down of Transactions Involving State Corporation 
Bank for Development and Foreign Economic Affairs Vnesheconombank

    (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 State Corporation Bank for Development and Foreign Economic 
Affairs Vnesheconombank (VEB), or any entity in which VEB owns, 
directly or indirectly, a 50 percent or greater interest, are 
authorized through 12:01 a.m. eastern daylight time, March 24, 2022.
    (b) This general license does not authorize any transactions 
involving any person blocked pursuant to E.O. 14024 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: February 22, 2022.

OFFICE OF FOREIGN ASSETS CONTROL

Executive Order 14039 of August 20, 2021

Blocking Property With Respect to Certain Russian Energy Export 
Pipelines

GENERAL LICENSE NO. 4

Authorizing the Wind Down of Transactions Involving Nord Stream 2 AG

    (a) Except as provided in paragraph (b) of this general license, 
all transactions prohibited by Executive Order (E.O.) 14039 that are 
ordinarily incident and necessary to the wind down of transactions 
involving Nord Stream 2 AG, or any entity in which Nord Stream 2 AG 
owns, directly or indirectly, a 50 percent or greater interest, are 
authorized through 12:01 a.m. eastern standard time, March 2, 2022.
    (b) This general license does not authorize any transactions 
involving any person blocked pursuant to E.O. 14039 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: February 23, 2022.

OFFICE OF FOREIGN ASSETS CONTROL

Executive Order 14024 of April 15, 2021

Blocking Property With Respect To Specified Harmful Foreign Activities 
of the Government of the Russian Federation

GENERAL LICENSE NO. 5

Official Business of Certain International Organizations and Entities

    All transactions prohibited by Executive Order (E.O.) 14024 that 
are for the conduct of the official business of the following entities 
by employees, grantees, or contractors thereof are authorized:
    (a) The International Centre for Settlement of Investment Disputes 
(ICSID) and the Multilateral Investment Guarantee Agency (MIGA);
    (b) The African Development Bank Group, the Asian Development Bank, 
the European Bank for Reconstruction and Development, and the Inter-
American Development Bank Group (IDB Group), including any fund entity 
administered or established by any of the foregoing; and
    (c) The International Committee of the Red Cross and the 
International Federation of Red Cross and Red Crescent Societies.

    Note to General License No. 5. See also section 9 of E.O. 14024, 
which exempts transactions that are for the conduct of the official 
business of the United Nations (including its specialized agencies, 
programs, funds, and related organizations) by employees, grantees, 
or contractors thereof.


Andrea M. Gacki,

Director, Office of Foreign Assets Control.

    Dated: February 24, 2022.

OFFICE OF FOREIGN ASSETS CONTROL

Executive Order 14024 of April 15, 2021

Blocking Property With Respect To Specified Harmful Foreign Activities 
of the Government of the Russian Federation

GENERAL LICENSE NO. 7

Authorizing Overflight Payments, Emergency Landings, and Air Ambulance 
Services

    (a) Except as provided in paragraph (c) of this general license, 
all transactions prohibited by Executive Order (E.O.) 14024 that are 
ordinarily incident and necessary to the receipt of, and payment of 
charges for, services rendered in connection with overflights of the 
Russian Federation or emergency

[[Page 55276]]

landings in the Russian Federation by aircraft registered in the United 
States or owned or controlled by, or chartered to, U.S. persons are 
authorized.
    (b) Except as provided in paragraph (c) of this general license, 
all transactions prohibited by E.O. 14024 that are ordinarily incident 
and necessary to provide air ambulance and related medical services, 
including medical evacuation, to individuals in the Russian Federation 
are authorized.
    (c) This general license does not authorize the opening or 
maintaining of a correspondent account or payable-through account for 
or on behalf of any entity subject to Directive 2 under E.O. 14024, 
Prohibitions Related to Correspondent or Payable-Through Accounts and 
Processing of Transactions Involving Certain Foreign Financial 
Institutions.

Andrea M. Gacki,

Director, Office of Foreign Assets Control.

    Dated: February 24, 2022.

Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-19509 Filed 9-8-22; 8:45 am]
BILLING CODE 4810-AL-P