Publication of Ukraine-Related Web General License 12 and Subsequent Iterations, 37907-37909 [2021-15279]
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Federal Register / Vol. 86, No. 135 / Monday, July 19, 2021 / Rules and Regulations
prohibited by the Ukraine Related
Sanctions Regulations, 31 CFR part 589,
that are ordinarily incident and
necessary to the maintenance or wind
down of operations, contracts, or other
agreements, including the importation
of goods, services, or technology into
the United States, involving United
Company RUSAL PLC or any other
entity in which United Company
RUSAL PLC owns, directly or
indirectly, a 50 percent or greater
interest and that were in effect prior to
April 6, 2018, are authorized through
12:01 a.m. eastern standard time,
January 28, 2019.
(b) All funds in accounts of blocked
persons identified in paragraph (a) that
were blocked as of 12:01 a.m. eastern
daylight time, April 23, 2018 remain
blocked, except that such funds may be
used for maintenance or wind-down
activities authorized by this general
license.
(c) This general license does not
authorize:
(1) The divestiture or transfer of debt,
equity, or other holdings in, to, or for
the benefit of the blocked persons
described above;
(2) Any transactions or dealings
otherwise prohibited by any other part
of 31 CFR chapter V, or any transactions
or dealings with any blocked person
other than the blocked persons
described in paragraph (a) of this
general license; or
(3) The unblocking of any property
blocked pursuant to any part of 31 CFR
chapter V, except as authorized by
paragraphs (a) or (b).
(d) U.S. persons participating in
transactions authorized by this general
license are required, within 10 business
days after the expiration date of this
general license, to file a comprehensive,
detailed report of each transaction,
including the names and addresses of
parties involved, the type and scope of
activities conducted, and the dates on
which the activities occurred, with the
Office of Foreign Assets Control, Office
of Compliance and Enforcement, U.S.
Department of the Treasury, 1500
Pennsylvania Avenue NW, Freedman’s
Bank Building, Washington, DC 20220,
or via email to OFACReport@
treasury.gov.
(e) Effective January 16, 2019, General
License No. 14D, dated December 7,
2018, is replaced and superseded in its
entirety by this General License No.
14E.
Andrea Gacki
Director
Office of Foreign Assets Control
Dated: January 16, 2019
VerDate Sep<11>2014
16:14 Jul 16, 2021
Jkt 253001
Dated: July 14, 2021.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2021–15280 Filed 7–16–21; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 589
Publication of Ukraine-Related Web
General License 12 and Subsequent
Iterations
Office of Foreign Assets
Control, Treasury.
ACTION: Publication of web general
licenses.
AGENCY:
The Department of the
Treasury’s Office of Foreign Assets
Control (OFAC) is publishing four
Ukraine-related web general licenses
(GLs) in the Federal Register: GL 12, GL
12A, GL 12B, and GL 12C, each of
which is now expired and was
previously issued on OFAC’s website.
DATES: GL 12C expired on June 5, 2018.
See SUPPLEMENTARY INFORMATION of this
rule for additional relevant dates.
ADDRESSES: Electronic availability: This
document and additional information
concerning OFAC are available on
OFAC’s website www.treasury.gov/ofac.
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:
SUMMARY:
Background
On March 6, 2014, the President,
invoking the authority of, inter alia, the
International Emergency Economic
Powers Act (50 U.S.C. 1701–1706)
(IEEPA), issued Executive Order (E.O.)
13660, ‘‘Blocking Property of Certain
Persons Contributing to the Situation in
Ukraine’’ (79 FR 13493, March 10,
2014). In E.O. 13660, the President
determined that the actions and policies
of persons including persons who have
asserted governmental authority in the
Crimean region without the
authorization of the Government of
Ukraine that undermine democratic
processes and institutions in Ukraine;
threaten its peace, security, stability,
sovereignty, and territorial integrity; and
contribute to the misappropriation of its
assets, constitute an unusual and
extraordinary threat to the national
security and foreign policy of the United
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37907
States, and declared a national
emergency to deal with that threat.
The President subsequently issued
E.O. 13661 of March 16, 2014,
‘‘Blocking Property of Additional
Persons Contributing to the Situation in
Ukraine’’ (79 FR 15535, March 19,
2014), and E.O. 13662 of March 20,
2014, ‘‘Blocking Property of Additional
Persons Contributing to the Situation in
Ukraine’’ (79 FR 16169, March 24,
2014), pursuant to the national
emergency declared in E.O. 13660. E.O.
13661 and E.O. 13662 expanded the
scope of the national emergency
declared in E.O. 13660. On May 8, 2014,
OFAC published the Ukraine Related
Sanctions Regulations, 31 CFR part 589
(the ‘‘Regulations’’), to implement E.O.
13660, E.O. 13661, and E.O. 13662 (79
FR 26365, May 8, 2014). The President
has issued additional Executive orders
pursuant to the national emergency
declared in E.O. 13660, and expanded
in E.O. 13661 and E.O. 13662, which are
not discussed in this publication as they
are not relevant to the web GLs being
published.
OFAC, in consultation with the
Department of State, issued GL 12 on
April 6, 2018, pursuant to the
Regulations, to authorize certain
transactions and activities ordinarily
incident and necessary to the
maintenance or wind down of
operations, contracts, or other
agreements involving certain specified
blocked persons and that were in effect
prior to April 6, 2018, through 12:01
a.m. eastern daylight time, June 5, 2018.
Subsequently, OFAC issued three
further iterations of GL 12, each of
which made slight adjustments to the
scope of the authorizations in the GL:
On April 23, 2018, OFAC issued GL
12A, which replaced and superseded GL
12; on May 1, 2018, OFAC issued GL
12B, which replaced and superseded GL
12A; and on May 22, 2018, OFAC issued
GL 12C, which replaced and superseded
GL 12B. The texts of GLs 12, 12A, 12B,
and 12C are provided below.
OFFICE OF FOREIGN ASSETS
CONTROL
Ukraine Related Sanctions Regulations
31 CFR Part 589
General License No. 12
Authorizing Certain Activities
Necessary to Maintenance or Wind
Down of Operations or Existing
Contracts
(a) Except as provided in paragraph
(c) of this general license, all
transactions and activities otherwise
prohibited by the Ukraine Related
Sanctions Regulations, 31 CFR part 589,
that are ordinarily incident and
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37908
Federal Register / Vol. 86, No. 135 / Monday, July 19, 2021 / Rules and Regulations
necessary to the maintenance or wind
down of operations, contracts, or other
agreements, including the importation
of goods, services, or technology into
the United States, involving one or more
of the following blocked persons and
that were in effect prior to April 6, 2018,
are authorized through 12:01 a.m.
eastern daylight time, June 5, 2018:
• AgroHolding Kuban
• Basic Element Limited
• B-Finance Ltd.
• EN+ Group PLC
• JSC EuroSibEnergo
• GAZ Group
• Gazprom Burenie, OOO
• Ladoga Menedzhment, OOO
• NPV Engineering Open Joint Stock
Company
• Renova Group
• Russian Machines
• United Company RUSAL PLC
• Any other entity in which one or
more of the above persons own,
directly or indirectly, a 50 percent or
greater interest
(b) Any payment to or for the direct
or indirect benefit of a blocked person
that is ordinarily incident and necessary
to give effect to a transaction authorized
in paragraph (a) of this general license
must be made into a blocked, interestbearing account located in the United
States in accordance with 31 CFR
589.203.
(c) This general license does not
authorize:
(1) The divestiture or transfer of debt,
equity, or other holdings in, to, or for
the benefit of the blocked persons listed
above;
(2) Any transactions or dealings
otherwise prohibited by any other part
of 31 CFR chapter V, or any transactions
or dealings with any blocked person
other than the blocked persons listed in
paragraph (a) of this general license;
(3) The unblocking of any property
blocked pursuant to any part of 31 CFR
chapter V, except as authorized by
paragraph (a); or
(4) The exportation of goods from the
United States.
(d) U.S. persons participating in
transactions authorized by this general
license are required, within 10 business
days after the expiration date of this
general license, to file a comprehensive,
detailed report of each transaction,
including the names and addresses of
parties involved, the type and scope of
activities conducted, and the dates on
which the activities occurred, with the
Office of Foreign Assets Control, Office
of Compliance and Enforcement, U.S.
Department of the Treasury, 1500
Pennsylvania Avenue NW, Freedman’s
Bank Building, Washington, DC 20220,
VerDate Sep<11>2014
16:14 Jul 16, 2021
Jkt 253001
or via email to OFACReport@
treasury.gov.
Andrea Gacki
Acting Director
Office of Foreign Assets Control
Dated: April 6, 2018
OFFICE OF FOREIGN ASSETS
CONTROL
Ukraine Related Sanctions Regulations
31 CFR Part 589
General License No. 12A
Authorizing Certain Activities
Necessary to Maintenance or Wind
Down of Operations or Existing
Contracts
(a) Except as provided in paragraph
(c) of this general license, all
transactions and activities otherwise
prohibited by the Ukraine Related
Sanctions Regulations, 31 CFR part 589,
that are ordinarily incident and
necessary to the maintenance or wind
down of operations, contracts, or other
agreements, including the importation
of goods, services, or technology into
the United States, involving one or more
of the following blocked persons and
that were in effect prior to April 6, 2018,
are authorized through 12:01 a.m.
eastern daylight time, June 5, 2018:
• AgroHolding Kuban
• Basic Element Limited
• B-Finance Ltd.
• EN+ Group PLC
• JSC EuroSibEnergo
• GAZ Group
• Gazprom Burenie, OOO
• Ladoga Menedzhment, OOO
• NPV Engineering Open Joint Stock
Company
• Renova Group
• Russian Machines
• United Company RUSAL PLC
• Any other entity in which one or
more of the above persons own,
directly or indirectly, a 50 percent or
greater interest
(b) Any payment to or for the direct
or indirect benefit of a blocked person
that is ordinarily incident and necessary
to give effect to a transaction authorized
in paragraph (a) of this general license
must be made into a blocked, interestbearing account located in the United
States in accordance with 31 CFR
589.203, except as authorized by
Ukraine Related General License 14.
(c) This general license does not
authorize:
(1) The divestiture or transfer of debt,
equity, or other holdings in, to, or for
the benefit of the blocked persons listed
above;
(2) Any transactions or dealings
otherwise prohibited by any other part
of 31 CFR chapter V, or any transactions
PO 00000
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Fmt 4700
Sfmt 4700
or dealings with any blocked person
other than the blocked persons listed in
paragraph (a) of this general license;
(3) The unblocking of any property
blocked pursuant to any part of 31 CFR
chapter V, except as authorized by
paragraph (a); or
(4) The exportation of goods from the
United States.
(d) U.S. persons participating in
transactions authorized by this general
license are required, within 10 business
days after the expiration date of this
general license, to file a comprehensive,
detailed report of each transaction,
including the names and addresses of
parties involved, the type and scope of
activities conducted, and the dates on
which the activities occurred, with the
Office of Foreign Assets Control, Office
of Compliance and Enforcement, U.S.
Department of the Treasury, 1500
Pennsylvania Avenue NW, Freedman’s
Bank Building, Washington, DC 20220,
or via email to OFACReport@
treasury.gov.
(e) Effective April 23, 2018, General
License No. 12, dated April 6, 2018, is
replaced and superseded in its entirety
by this General License No. 12A.
John E. Smith
Director
Office of Foreign Assets Control
Dated: April 23, 2018
OFFICE OF FOREIGN ASSETS
CONTROL
Ukraine Related Sanctions Regulations
31 CFR Part 589
General License No. 12B
Authorizing Certain Activities
Necessary to Maintenance or Wind
Down of Operations or Existing
Contracts
(a) Except as provided in paragraph
(d) of this general license, all
transactions and activities otherwise
prohibited by the Ukraine Related
Sanctions Regulations, 31 CFR part 589,
that are ordinarily incident and
necessary to the maintenance or wind
down of operations, contracts, or other
agreements, including the importation
of goods, services, or technology into
the United States, involving one or more
of the following blocked persons and
that were in effect prior to April 6, 2018,
are authorized through 12:01 a.m.
eastern daylight time, June 5, 2018:
• AgroHolding Kuban
• Basic Element Limited
• B-Finance Ltd.
• EN+ Group PLC
• JSC EuroSibEnergo
• GAZ Group
• Gazprom Burenie, OOO
• Ladoga Menedzhment, OOO
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Federal Register / Vol. 86, No. 135 / Monday, July 19, 2021 / Rules and Regulations
• NPV Engineering Open Joint Stock
Company
• Renova Group
• Russian Machines
• United Company RUSAL PLC
• Any other entity in which one or
more of the above persons own,
directly or indirectly, a 50 percent or
greater interest
(b) Except as authorized by Ukraine
Related General License 14, any
payment to or for the direct or indirect
benefit of a blocked person that is
ordinarily incident and necessary to
give effect to a transaction authorized in
paragraph (a) of this general license
must be made into a blocked, interestbearing account located in the United
States in accordance with 31 CFR
589.203. Any such payment that is
directly or indirectly to the account of
a blocked U.S. person identified in
paragraph (a) at a U.S. financial
institution may be processed in
accordance with the original wire
transfer instructions, provided that
those instructions are consistent with
this general license.
(c) All funds in accounts of blocked
U.S. persons identified in paragraph (a),
including funds originating from
authorized payments to such accounts
received on or after April 6, 2018, may
be used for maintenance or wind-down
activities authorized by this general
license.
(d) This general license does not
authorize:
(1) The divestiture or transfer of debt,
equity, or other holdings in, to, or for
the benefit of the blocked persons
identified above;
(2) Any transactions or dealings
otherwise prohibited by any other part
of 31 CFR chapter V, or any transactions
or dealings with any blocked person
other than the blocked persons
identified in paragraph (a) of this
general license;
(3) The unblocking of any property
blocked pursuant to any other part of 31
CFR chapter V; or
(4) The exportation of goods from the
United States.
(e) U.S. persons participating in
transactions authorized by this general
license are required, within 10 business
days after the expiration date of this
general license, to file a comprehensive,
detailed report of each transaction,
including the names and addresses of
parties involved, the type and scope of
activities conducted, and the dates on
which the activities occurred, with the
Office of Foreign Assets Control, Office
of Compliance and Enforcement, U.S.
Department of the Treasury, 1500
Pennsylvania Avenue NW, Freedman’s
VerDate Sep<11>2014
16:14 Jul 16, 2021
Jkt 253001
Bank Building, Washington, DC 20220,
or via email to OFACReport@
treasury.gov.
(f) Effective May 1, 2018, General
License No. 12A, dated April 23, 2018,
is replaced and superseded in its
entirety by this General License No.
12B.
John E. Smith
Director
Office of Foreign Assets Control
Dated: May 1, 2018
OFFICE OF FOREIGN ASSETS
CONTROL
Ukraine Related Sanctions Regulations
31 CFR Part 589
General License No. 12C
Authorizing Certain Activities
Necessary to Maintenance or Wind
Down of Operations or Existing
Contracts
(a) Except as provided in paragraph
(d) of this general license, all
transactions and activities otherwise
prohibited by the Ukraine Related
Sanctions Regulations, 31 CFR part 589,
that are ordinarily incident and
necessary to the maintenance or wind
down of operations, contracts, or other
agreements, including the importation
of goods, services, or technology into
the United States, involving one or more
of the following blocked persons and
that were in effect prior to April 6, 2018,
are authorized through 12:01 a.m.
eastern daylight time, June 5, 2018:
• AgroHolding Kuban
• Basic Element Limited
• B-Finance Ltd.
• EN+ Group PLC
• JSC EuroSibEnergo
• GAZ Group
• Gazprom Burenie, OOO
• Ladoga Menedzhment, OOO
• NPV Engineering Open Joint Stock
Company
• Renova Group
• Russian Machines
• United Company RUSAL PLC
• Any other entity in which one or
more of the above persons own,
directly or indirectly, a 50 percent or
greater interest
(b) Except as authorized by Ukraine
Related General License 14 or Ukraine
Related General License 15, any
payment to or for the direct or indirect
benefit of a blocked person that is
ordinarily incident and necessary to
give effect to a transaction authorized in
paragraph (a) of this general license
must be made into a blocked, interestbearing account located in the United
States in accordance with 31 CFR
589.203. Any such payment that is
directly or indirectly to the account of
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Sfmt 9990
37909
a blocked U.S. person identified in
paragraph (a) at a U.S. financial
institution may be processed in
accordance with the original wire
transfer instructions, provided that
those instructions are consistent with
this general license.
(c) All funds in accounts of blocked
U.S. persons identified in paragraph (a),
including funds originating from
authorized payments to such accounts
received on or after April 6, 2018, may
be used for maintenance or wind-down
activities authorized by this general
license.
(d) This general license does not
authorize:
(1) The divestiture or transfer of debt,
equity, or other holdings in, to, or for
the benefit of the blocked persons
identified above;
(2) Any transactions or dealings
otherwise prohibited by any other part
of 31 CFR chapter V, or any transactions
or dealings with any blocked person
other than the blocked persons
identified in paragraph (a) of this
general license;
(3) The unblocking of any property
blocked pursuant to any other part of 31
CFR chapter V; or
(4) The exportation of goods from the
United States.
(e) U.S. persons participating in
transactions authorized by this general
license are required, within 10 business
days after the expiration date of this
general license, to file a comprehensive,
detailed report of each transaction,
including the names and addresses of
parties involved, the type and scope of
activities conducted, and the dates on
which the activities occurred, with the
Office of Foreign Assets Control, Office
of Compliance and Enforcement, U.S.
Department of the Treasury, 1500
Pennsylvania Avenue NW, Freedman’s
Bank Building, Washington, DC 20220,
or via email to OFACReport@
treasury.gov.
(f) Effective May 22, 2018, General
License No. 12B, dated May 1, 2018, is
replaced and superseded in its entirety
by this General License No. 12C.
Andrea Gacki
Acting Director
Office of Foreign Assets Control
Dated: May 22, 2018
Dated: July 14, 2021.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2021–15279 Filed 7–16–21; 8:45 am]
BILLING CODE 4810–AL–P
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]]>Agencies
[Federal Register Volume 86, Number 135 (Monday, July 19, 2021)]
[Rules and Regulations]
[Pages 37907-37909]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-15279]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 589
Publication of Ukraine-Related Web General License 12 and
Subsequent Iterations
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 four Ukraine-related web general licenses
(GLs) in the Federal Register: GL 12, GL 12A, GL 12B, and GL 12C, each
of which is now expired and was previously issued on OFAC's website.
DATES: GL 12C expired on June 5, 2018. See SUPPLEMENTARY INFORMATION of
this rule for additional relevant dates.
ADDRESSES: Electronic availability: This document and additional
information concerning OFAC are available on OFAC's website
www.treasury.gov/ofac.
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:
Background
On March 6, 2014, the President, invoking the authority of, inter
alia, the International Emergency Economic Powers Act (50 U.S.C. 1701-
1706) (IEEPA), issued Executive Order (E.O.) 13660, ``Blocking Property
of Certain Persons Contributing to the Situation in Ukraine'' (79 FR
13493, March 10, 2014). In E.O. 13660, the President determined that
the actions and policies of persons including persons who have asserted
governmental authority in the Crimean region without the authorization
of the Government of Ukraine that undermine democratic processes and
institutions in Ukraine; threaten its peace, security, stability,
sovereignty, and territorial integrity; and contribute to the
misappropriation of its assets, constitute an unusual and extraordinary
threat to the national security and foreign policy of the United
States, and declared a national emergency to deal with that threat.
The President subsequently issued E.O. 13661 of March 16, 2014,
``Blocking Property of Additional Persons Contributing to the Situation
in Ukraine'' (79 FR 15535, March 19, 2014), and E.O. 13662 of March 20,
2014, ``Blocking Property of Additional Persons Contributing to the
Situation in Ukraine'' (79 FR 16169, March 24, 2014), pursuant to the
national emergency declared in E.O. 13660. E.O. 13661 and E.O. 13662
expanded the scope of the national emergency declared in E.O. 13660. On
May 8, 2014, OFAC published the Ukraine Related Sanctions Regulations,
31 CFR part 589 (the ``Regulations''), to implement E.O. 13660, E.O.
13661, and E.O. 13662 (79 FR 26365, May 8, 2014). The President has
issued additional Executive orders pursuant to the national emergency
declared in E.O. 13660, and expanded in E.O. 13661 and E.O. 13662,
which are not discussed in this publication as they are not relevant to
the web GLs being published.
OFAC, in consultation with the Department of State, issued GL 12 on
April 6, 2018, pursuant to the Regulations, to authorize certain
transactions and activities ordinarily incident and necessary to the
maintenance or wind down of operations, contracts, or other agreements
involving certain specified blocked persons and that were in effect
prior to April 6, 2018, through 12:01 a.m. eastern daylight time, June
5, 2018. Subsequently, OFAC issued three further iterations of GL 12,
each of which made slight adjustments to the scope of the
authorizations in the GL: On April 23, 2018, OFAC issued GL 12A, which
replaced and superseded GL 12; on May 1, 2018, OFAC issued GL 12B,
which replaced and superseded GL 12A; and on May 22, 2018, OFAC issued
GL 12C, which replaced and superseded GL 12B. The texts of GLs 12, 12A,
12B, and 12C are provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 12
Authorizing Certain Activities Necessary to Maintenance or Wind Down of
Operations or Existing Contracts
(a) Except as provided in paragraph (c) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and
[[Page 37908]]
necessary to the maintenance or wind down of operations, contracts, or
other agreements, including the importation of goods, services, or
technology into the United States, involving one or more of the
following blocked persons and that were in effect prior to April 6,
2018, are authorized through 12:01 a.m. eastern daylight time, June 5,
2018:
AgroHolding Kuban
Basic Element Limited
B-Finance Ltd.
EN+ Group PLC
JSC EuroSibEnergo
GAZ Group
Gazprom Burenie, OOO
Ladoga Menedzhment, OOO
NPV Engineering Open Joint Stock Company
Renova Group
Russian Machines
United Company RUSAL PLC
Any other entity in which one or more of the above persons
own, directly or indirectly, a 50 percent or greater interest
(b) Any payment to or for the direct or indirect benefit of a
blocked person that is ordinarily incident and necessary to give effect
to a transaction authorized in paragraph (a) of this general license
must be made into a blocked, interest-bearing account located in the
United States in accordance with 31 CFR 589.203.
(c) This general license does not authorize:
(1) The divestiture or transfer of debt, equity, or other holdings
in, to, or for the benefit of the blocked persons listed above;
(2) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V, or any transactions or dealings with any
blocked person other than the blocked persons listed in paragraph (a)
of this general license;
(3) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraph (a); or
(4) The exportation of goods from the United States.
(d) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to [email protected].
Andrea Gacki
Acting Director
Office of Foreign Assets Control
Dated: April 6, 2018
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 12A
Authorizing Certain Activities Necessary to Maintenance or Wind Down of
Operations or Existing Contracts
(a) Except as provided in paragraph (c) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary to the maintenance or wind down of operations,
contracts, or other agreements, including the importation of goods,
services, or technology into the United States, involving one or more
of the following blocked persons and that were in effect prior to April
6, 2018, are authorized through 12:01 a.m. eastern daylight time, June
5, 2018:
AgroHolding Kuban
Basic Element Limited
B-Finance Ltd.
EN+ Group PLC
JSC EuroSibEnergo
GAZ Group
Gazprom Burenie, OOO
Ladoga Menedzhment, OOO
NPV Engineering Open Joint Stock Company
Renova Group
Russian Machines
United Company RUSAL PLC
Any other entity in which one or more of the above persons
own, directly or indirectly, a 50 percent or greater interest
(b) Any payment to or for the direct or indirect benefit of a
blocked person that is ordinarily incident and necessary to give effect
to a transaction authorized in paragraph (a) of this general license
must be made into a blocked, interest-bearing account located in the
United States in accordance with 31 CFR 589.203, except as authorized
by Ukraine Related General License 14.
(c) This general license does not authorize:
(1) The divestiture or transfer of debt, equity, or other holdings
in, to, or for the benefit of the blocked persons listed above;
(2) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V, or any transactions or dealings with any
blocked person other than the blocked persons listed in paragraph (a)
of this general license;
(3) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraph (a); or
(4) The exportation of goods from the United States.
(d) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to [email protected].
(e) Effective April 23, 2018, General License No. 12, dated April
6, 2018, is replaced and superseded in its entirety by this General
License No. 12A.
John E. Smith
Director
Office of Foreign Assets Control
Dated: April 23, 2018
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 12B
Authorizing Certain Activities Necessary to Maintenance or Wind Down of
Operations or Existing Contracts
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary to the maintenance or wind down of operations,
contracts, or other agreements, including the importation of goods,
services, or technology into the United States, involving one or more
of the following blocked persons and that were in effect prior to April
6, 2018, are authorized through 12:01 a.m. eastern daylight time, June
5, 2018:
AgroHolding Kuban
Basic Element Limited
B-Finance Ltd.
EN+ Group PLC
JSC EuroSibEnergo
GAZ Group
Gazprom Burenie, OOO
Ladoga Menedzhment, OOO
[[Page 37909]]
NPV Engineering Open Joint Stock Company
Renova Group
Russian Machines
United Company RUSAL PLC
Any other entity in which one or more of the above persons
own, directly or indirectly, a 50 percent or greater interest
(b) Except as authorized by Ukraine Related General License 14, any
payment to or for the direct or indirect benefit of a blocked person
that is ordinarily incident and necessary to give effect to a
transaction authorized in paragraph (a) of this general license must be
made into a blocked, interest-bearing account located in the United
States in accordance with 31 CFR 589.203. Any such payment that is
directly or indirectly to the account of a blocked U.S. person
identified in paragraph (a) at a U.S. financial institution may be
processed in accordance with the original wire transfer instructions,
provided that those instructions are consistent with this general
license.
(c) All funds in accounts of blocked U.S. persons identified in
paragraph (a), including funds originating from authorized payments to
such accounts received on or after April 6, 2018, may be used for
maintenance or wind-down activities authorized by this general license.
(d) This general license does not authorize:
(1) The divestiture or transfer of debt, equity, or other holdings
in, to, or for the benefit of the blocked persons identified above;
(2) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V, or any transactions or dealings with any
blocked person other than the blocked persons identified in paragraph
(a) of this general license;
(3) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V; or
(4) The exportation of goods from the United States.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to [email protected].
(f) Effective May 1, 2018, General License No. 12A, dated April 23,
2018, is replaced and superseded in its entirety by this General
License No. 12B.
John E. Smith
Director
Office of Foreign Assets Control
Dated: May 1, 2018
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 12C
Authorizing Certain Activities Necessary to Maintenance or Wind Down of
Operations or Existing Contracts
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary to the maintenance or wind down of operations,
contracts, or other agreements, including the importation of goods,
services, or technology into the United States, involving one or more
of the following blocked persons and that were in effect prior to April
6, 2018, are authorized through 12:01 a.m. eastern daylight time, June
5, 2018:
AgroHolding Kuban
Basic Element Limited
B-Finance Ltd.
EN+ Group PLC
JSC EuroSibEnergo
GAZ Group
Gazprom Burenie, OOO
Ladoga Menedzhment, OOO
NPV Engineering Open Joint Stock Company
Renova Group
Russian Machines
United Company RUSAL PLC
Any other entity in which one or more of the above persons
own, directly or indirectly, a 50 percent or greater interest
(b) Except as authorized by Ukraine Related General License 14 or
Ukraine Related General License 15, any payment to or for the direct or
indirect benefit of a blocked person that is ordinarily incident and
necessary to give effect to a transaction authorized in paragraph (a)
of this general license must be made into a blocked, interest-bearing
account located in the United States in accordance with 31 CFR 589.203.
Any such payment that is directly or indirectly to the account of a
blocked U.S. person identified in paragraph (a) at a U.S. financial
institution may be processed in accordance with the original wire
transfer instructions, provided that those instructions are consistent
with this general license.
(c) All funds in accounts of blocked U.S. persons identified in
paragraph (a), including funds originating from authorized payments to
such accounts received on or after April 6, 2018, may be used for
maintenance or wind-down activities authorized by this general license.
(d) This general license does not authorize:
(1) The divestiture or transfer of debt, equity, or other holdings
in, to, or for the benefit of the blocked persons identified above;
(2) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V, or any transactions or dealings with any
blocked person other than the blocked persons identified in paragraph
(a) of this general license;
(3) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V; or
(4) The exportation of goods from the United States.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to [email protected].
(f) Effective May 22, 2018, General License No. 12B, dated May 1,
2018, is replaced and superseded in its entirety by this General
License No. 12C.
Andrea Gacki
Acting Director
Office of Foreign Assets Control
Dated: May 22, 2018
Dated: July 14, 2021.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2021-15279 Filed 7-16-21; 8:45 am]
BILLING CODE 4810-AL-P
