[Federal Register Volume 87, Number 230 (Thursday, December 1, 2022)]
[Rules and Regulations]
[Pages 73636-73637]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-26137]


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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 51 and 52

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 two general licenses (GLs) issued pursuant 
to the Russian Harmful Foreign Activities Sanctions Regulations: GLs 51 
and 52, each of which was previously made available on OFAC's website.

DATES: GL 51 and GL 52 were issued on September 15, 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 September 15, 2022, OFAC issued GLs 51 and 52 to authorize 
certain transactions otherwise prohibited by the Russian Harmful 
Foreign Activities Sanctions Regulations, 31 CFR part 587. GL 51 has an 
expiration date of October 15, 2022. Each GL was made available on 
OFAC's website (www.treas.gov/ofac) at the time of publication. The 
texts of GLs 51 and 52 are provided below.

OFFICE OF FOREIGN ASSETS CONTROL

Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part 
587

GENERAL LICENSE NO. 51

Authorizing the Wind Down of Transactions Involving Limited Liability 
Company Group of Companies Akvarius

    (a) Except as provided in paragraph (b) of this general license, 
all transactions ordinarily incident and necessary to the wind down 
of any transaction involving Limited Liability Company Group of 
Companies Akvarius (Aquarius), or any entity in which Aquarius owns, 
directly or indirectly, a 50 percent or greater interest, that are 
prohibited by Executive Order (E.O.) 14024, are authorized through 
12:01 a.m. eastern daylight time, October 15, 2022, provided that 
any payment to a 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: September 15, 2022.

OFFICE OF FOREIGN ASSETS CONTROL

Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part 
587

GENERAL LICENSE NO. 52

Journalistic Activities and Establishment of News Bureaus

    (a) Except as provided in paragraph (c) of this general license, 
news reporting organizations that are U.S. persons, and individual 
U.S. persons who are journalists (including photojournalists) or 
broadcast or

[[Page 73637]]

technical personnel, are authorized to engage in the following 
transactions, where such transactions are ordinarily incident and 
necessary to such U.S. persons' journalistic activities or to the 
establishment or operation of a news bureau and are prohibited by 
Executive Order (E.O.) 14024 or section (1)(a)(i) of E.O. 14071, 
provided that the only involvement of blocked persons is the 
processing of funds by financial institutions blocked pursuant to 
E.O. 14024:
    (1) Compensating support staff (e.g., stringers, translators, 
interpreters, camera operators, technical experts, freelance 
producers, or drivers), persons to handle logistics, or other office 
personnel;
    (2) Leasing or renting office space;
    (3) Purchasing, leasing, or renting goods and services (e.g., 
mobile phones and related airtime); or
    (4) Paying for all other expenses ordinarily incident and 
necessary to journalistic activities, including sales or employment 
taxes.
    (b) For the purposes of this general license, the term ``news 
reporting organization'' means an entity whose primary purpose is 
the gathering and dissemination of news to the general public.
    (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 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 involving Joint Stock Company Channel One 
Russia, Joint Stock Company NTV Broadcasting Company, Television 
Station Russia-1, Limited Liability Company Algoritm, New Eastern 
Outlook, or Oriental Review, unless separately authorized; or
    (4) 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.
    Note to General License No. 52. See Russia-related General 
License No. 25C for an authorization for transactions ordinarily 
incident and necessary to the receipt or transmission of 
telecommunications involving the Russian Federation.

Andrea M. Gacki,

Director, Office of Foreign Assets Control.

    Dated: September 15, 2022.

Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-26137 Filed 11-30-22; 8:45 am]
BILLING CODE 4810-AL-P