[Federal Register Volume 89, Number 163 (Thursday, August 22, 2024)]
[Rules and Regulations]
[Pages 67860-67861]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-18750]
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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 13J and 55B
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
13J and 55B, each of which was previously made available on OFAC's
website.
DATES: GL 55B was issued on June 26, 2024. 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 Compliance, 202-622-2490.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: https://ofac.treasury.gov.
Background
On June 26, 2024, OFAC issued GL 55B to authorize certain
transactions otherwise prohibited by the Russian Harmful Foreign
Activities Sanctions Regulations, 31 CFR part 587 (the
``Regulations''). GL 55B has an expiration date of June 28, 2025. On
July 10, 2024, OFAC issued GL 13J, also authorizing transactions
otherwise prohibited by the Regulations. Each GL was made available on
OFAC's website (www.treas.gov/ofac) when it was issued. The text of
these GLs is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 13J
Authorizing Certain Administrative Transactions Prohibited by Directive
4 Under Executive Order 14024
(a) Except as provided in paragraph (b) of this general license,
U.S. persons, or entities owned or controlled, directly or
indirectly, by a U.S. person, are authorized to pay taxes, fees, or
import duties, and purchase or receive permits, licenses,
registrations, certifications, or tax refunds to the extent such
transactions are prohibited by Directive 4 under Executive Order
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, provided such transactions are ordinarily incident and
necessary to the day-to-day operations in the Russian Federation
[[Page 67861]]
of such U.S. persons or entities, through 12:01 a.m. eastern
daylight time, October 9, 2024.
(b) This general license does not authorize:
(1) 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
(2) 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, unless separately authorized.
(c) Effective July 10, 2024, General License No. 13I, dated
April 12, 2024, is replaced and superseded in its entirety by this
General License No. 13J.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: July 10, 2024.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 55B
Authorizing Certain Services Related to Sakhalin-2
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by the determination of November 21,
2022 made pursuant to section 1(a)(ii) of Executive Order 14071
(``Prohibitions on Certain Services as They Relate to the Maritime
Transport of Crude Oil of Russian Federation Origin'') related to
the maritime transport of crude oil originating from the Sakhalin-2
project (``Sakhalin-2 byproduct'') are authorized through 12:01 a.m.
eastern daylight time, June 28, 2025, provided that the Sakhalin-2
byproduct is solely for importation into Japan.
(b) This general license does not authorize 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,
unless separately authorized.
(c) Effective June 26, 2024, General License No. 55A, dated
September 14, 2023, is replaced and superseded in its entirety by
this General License No. 55B.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: June 26, 2024.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2024-18750 Filed 8-21-24; 8:45 am]
BILLING CODE 4810-AL-P