[Federal Register Volume 88, Number 37 (Friday, February 24, 2023)]
[Rules and Regulations]
[Page 11815]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-03865]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 583


Publication of Global Magnitsky Sanctions Regulations Web General 
Licenses 5 and 6

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 Global Magnitsky Sanctions Regulations: GLs 5 and 6, each of 
which was previously made available on OFAC's website.

DATES: GLs 5 and 6 were issued on January 26, 2023. 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 January 26, 2023, OFAC issued GLs 5 and 6 to authorize certain 
transactions otherwise prohibited by the Global Magnitsky Sanctions 
Regulations, 31 CFR part 583. Each GL was made available on OFAC's 
website (www.treas.gov/ofac) when it was issued. Each GL was issued on 
January 26, 2023 and has an expiration date of March 27, 2023. The text 
of these GLs is provided below.

OFFICE OF FOREIGN ASSETS CONTROL

Global Magnitsky Sanctions Regulations

31 CFR Part 583

GENERAL LICENSE NO. 5

Authorizing Certain Transactions Related to Frigorifico Chajha S.A.E.

    (a) Except as provided in paragraphs (d) and (e) of this general 
license, all transactions prohibited by the Global Magnitsky 
Sanctions Regulations, 31 CFR part 583 (GMSR), that are ordinarily 
incident and necessary to the divestment or transfer, or the 
facilitation of the divestment or transfer, of debt or equity of 
Frigorifico Chajha S.A.E. (Frigorifico Chajha), to a non-U.S. person 
are authorized through 12:01 a.m. eastern daylight time, March 27, 
2023.
    (b) Except as provided in paragraph (e) of this general license, 
all transactions prohibited by the GMSR that are ordinarily incident 
and necessary to facilitating, clearing, and settling trades of debt 
or equity of Frigorifico Chajha that were placed prior to 4:00 p.m. 
eastern standard time, January 26, 2023, are authorized through 
12:01 a.m. eastern daylight time, March 27, 2023.
    (c) Except as provided in paragraph (e) of this general license, 
all transactions prohibited by the GMSR that are ordinarily incident 
and necessary to the wind down of derivative contracts entered into 
prior to 4:00 p.m. eastern standard time, January 26, 2023, that (i) 
include Frigorifico Chajha as a counterparty or (ii) are linked to 
the debt or equity of Frigorifico Chajha are authorized through 
12:01 a.m. eastern daylight time, March 27, 2023, provided that any 
payments to a blocked person are made into a blocked account in 
accordance with the GMSR.
    (d) Paragraph (a) of this general license does not authorize:
    (1) U.S. persons to sell, or to facilitate the sale of, debt or 
equity of Frigorifico Chajha to, directly or indirectly, any person 
whose property and interests in property are blocked; or
    (2) U.S. persons to purchase or invest in, or to facilitate the 
purchase of or investment in, directly or indirectly, debt or equity 
of Frigorifico Chajha, other than purchases of or investments in 
debt or equity of Frigorifico Chajha that are ordinarily incident 
and necessary to the divestment or transfer of debt or equity of 
Frigorifico Chajha, as described in paragraph (a) of this general 
license.
    (e) This general license does not authorize any transactions 
otherwise prohibited by the GMSR, including transactions involving 
any person blocked pursuant to the GMSR other than Frigorifico 
Chajha, unless separately authorized.

Andrea M. Gacki,
Director, Office of Foreign Assets Control.
Dated: January 26, 2023.

OFFICE OF FOREIGN ASSETS CONTROL

Global Magnitsky Sanctions Regulations

31 CFR Part 583

GENERAL LICENSE NO. 6

Authorizing the Wind Down of Transactions Involving Bebidas USA Inc., 
Tabacos USA Inc., Frigorifico Chajha S.A.E., Dominicana Acquisition 
S.A., or Certain Blocked Entities Owned by Horacio Manuel Cartes Jara

    (a) Except as provided in paragraph (b) of this general license, 
all transactions prohibited by the Global Magnitsky Sanctions 
Regulations, 31 CFR part 583 (GMSR), that are ordinarily incident 
and necessary to the wind down of any transaction involving Bebidas 
USA Inc., Tabacos USA Inc., Frigorifico Chajha S.A.E., or Dominicana 
Acquisition S.A. (collectively, the ``designated Cartes entities''), 
or any entity in which Horacio Manuel Cartes Jara or the designated 
Cartes entities own, directly or indirectly, a 50 percent or greater 
interest, are authorized through 12:01 a.m. eastern daylight time, 
March 27, 2023, provided that any payment to a blocked person must 
be made into a blocked account in accordance with the GMSR.
    (b) This general license does not authorize any transactions 
otherwise prohibited by the GMSR, including transactions involving 
any person blocked pursuant to the GMSR other than the blocked 
entities described in paragraph (a) of this general license, unless 
separately authorized.

Andrea M. Gacki,
Director, Office of Foreign Assets Control.
Dated: January 26, 2023.

Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2023-03865 Filed 2-23-23; 8:45 am]
BILLING CODE 4810-AL-P