[Federal Register Volume 88, Number 57 (Friday, March 24, 2023)]
[Rules and Regulations]
[Pages 17727-17728]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-05783]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 542
Publication of Syria Web General License 23
AGENCY: Office of Foreign Assets Control, Treasury.
[[Page 17728]]
ACTION: Publication of web general license.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing one general license (GL) issued pursuant
to the Syrian Sanctions Regulations: GL 23, which was previously made
available on OFAC's website.
DATES: GL 23 was issued on February 9, 2023 and has an expiration date
of August 8, 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 February 9, 2023, OFAC issued GL 23 to authorize certain
transactions otherwise prohibited by the Syrian Sanctions Regulations,
31 CFR part 542. The GL was made available on OFAC's website
(www.treas.gov/ofac) when it was issued. The GL has an expiration date
of August 8, 2023. The text of the GL is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Syrian Sanctions Regulations
31 CFR Part 542
GENERAL LICENSE NO. 23
Authorizing Transactions Related to Earthquake Relief Efforts in Syria
(a) Except as provided in paragraph (b) of this general license,
all transactions related to earthquake relief efforts in Syria that
would otherwise be prohibited by the Syrian Sanctions Regulations,
31 CFR part 542 (SySR), are authorized through 12:01 p.m. eastern
daylight time, August 8, 2023.
Note 1 to paragraph (a). The authorization in paragraph (a) of
this general license includes the processing or transfer of funds on
behalf of third-country persons to or from Syria in support of the
transactions authorized by paragraph (a) of this general license.
U.S. financial institutions and U.S. registered money transmitters
may rely on the originator of a funds transfer with regard to
compliance with paragraph (a) of this general license, provided that
the financial institution does not know or have reason to know that
the funds transfer is not in compliance with paragraph (a) of this
general license.
(b) This general license does not authorize:
(1) Any transactions prohibited by section 542.208 of the SySR
(prohibiting importation into the United States of petroleum or
petroleum products of Syrian origin); or
(2) Any transactions involving any person whose property and
interests in property are blocked pursuant to the SySR, other than
persons who meet the definition of the term Government of Syria, as
defined in section 542.305(a) of the SySR, unless separately
authorized.
Note 2 to General License 23. Nothing in this general license
relieves any person from compliance with any other Federal laws or
requirements of other Federal agencies.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
Dated: February 9, 2023.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2023-05783 Filed 3-23-23; 8:45 am]
BILLING CODE 4810-AL-P