[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]


-----------------------------------------------------------------------

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.

-----------------------------------------------------------------------

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