Publication of Global Magnitsky Sanctions Regulations Web General Licenses 3 and 4, 2522-2523 [2023-00348]

Download as PDF 2522 Federal Register / Vol. 88, No. 10 / Tuesday, January 17, 2023 / Rules and Regulations comments to ONRR_ RegulationsMailbox@onrr.gov. Your comments should be as specific as possible. For example, you should identify the number of the sections or paragraphs that you find unclear, which sections or sentences are too long, the sections where you feel lists or tables would be useful, etc. a. In paragraph (b)(1) introductory text, removing ‘‘$27,384’’ and adding in its place ‘‘$29,505’’. ■ b. In paragraph (b)(2), removing ‘‘$68,462’’ and adding in its place ‘‘$73,764’’. ■ [FR Doc. 2023–00737 Filed 1–13–23; 8:45 am] BILLING CODE 4335–30–P M. Administrative Procedure Act The Act requires agencies to publish annual inflation adjustments by January 15 of each year, notwithstanding section 553 of the Administrative Procedure Act. OMB has interpreted this direction to mean that the usual APA public procedure for rulemaking—which includes public notice of a proposed rule, an opportunity for public comment, and a delay in the effective date of a final rule—is not required when agencies issue regulations to implement the annual adjustments to civil penalties that the 2015 Act requires. See OMB Memorandum, M– 23–05, at pages 3–4. Accordingly, ONRR is issuing the 2023 annual adjustments as a final rule without prior notice or an opportunity for comment and with an effective date immediately upon publication in the Federal Register. List of Subjects in 30 CFR Part 1241 Administrative practice and procedure, Coal, Geothermal energy, Indian-lands, Mineral royalties, Natural gas, Oil and gas exploration, Penalties, Public lands—mineral resources. Howard M. Cantor, Acting Director for the Office of Natural Resources Revenue. Office of Foreign Assets Control 31 CFR Part 583 Publication of Global Magnitsky Sanctions Regulations Web General Licenses 3 and 4 Office of Foreign Assets Control, Treasury. AGENCY: Publication of web general licenses. ACTION: 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 3 and 4, each of which was previously made available on OFAC’s website. SUMMARY: GLs 3 and 4 were issued on December 9, 2022. See SUPPLEMENTARY INFORMATION for additional relevant dates. 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. Authority and Issuance For the reasons discussed in the preamble, ONRR amends 30 CFR part 1241 as set forth below: PART 1241—PENALTIES SUPPLEMENTARY INFORMATION: ■ 1. The authority citation for part 1241 continues to read as follows: Electronic Availability Authority: 25 U.S.C. 396 et seq., 396a et seq., 2101 et seq.; 30 U.S.C. 181 et seq., 351 et seq., 1001 et seq., 1701 et seq.; 43 U.S.C. 1301 et seq., 1331 et seq., 1801 et seq. This document and additional information concerning OFAC are available on OFAC’s website: www.treas.gov/ofac. § 1241.52 Background [Amended] 2. Amend § 1241.52 by: a. In paragraph (a)(2), removing ‘‘$1,368’’ and adding in its place ‘‘$1,474’’. ■ b. In paragraph (b) introductory text, removing ‘‘$13,693’’ and adding in its place ‘‘$14,754’’. ■ ■ khammond on DSKJM1Z7X2PROD with RULES DEPARTMENT OF THE TREASURY § 1241.60 ■ [Amended] 3. Amend § 1241.60 by: VerDate Sep<11>2014 15:51 Jan 13, 2023 Jkt 259001 On December 9, 2022, OFAC issued GLs 3 and 4 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. Both GLs have an expiration date of March 9, 2023. The text of these GLs is provided below. PO 00000 Frm 00022 Fmt 4700 Sfmt 4700 OFFICE OF FOREIGN ASSETS CONTROL Global Magnitsky Sanctions Regulations 31 CFR Part 583 GENERAL LICENSE NO. 3 Authorizing Transactions Related to Debt or Equity of Pingtan Marine Enterprise Ltd. (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 facilitation of the divestment or transfer, of debt or equity of Pingtan Marine Enterprise Ltd. (PME) to a non-U.S. person are authorized through 12:01 a.m. eastern standard time, March 9, 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 PME that were placed prior to 4:00 p.m. eastern standard time, December 9, 2022, are authorized through 12:01 a.m. eastern standard time, March 9, 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 financial contracts or other agreements linked to the debt or equity of PME and entered into prior to 4:00 p.m. eastern standard time, December 9, 2022 are authorized through 12:01 a.m. eastern standard time, March 9, 2023, provided that any payments to a blocked person are made into a blocked account in accordance with the GMSR. NOTE TO PARAGRAPH (C). The wind down of financial contracts or other agreements linked to the debt or equity of PME includes the delisting of PME from a U.S. securities exchange. (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 PME 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 PME, other than purchases of or investments in debt or equity of PME that are ordinarily incident and necessary to the divestment or transfer of debt or equity of PME as described in paragraph (a) of this general license. E:\FR\FM\17JAR1.SGM 17JAR1 Federal Register / Vol. 88, No. 10 / Tuesday, January 17, 2023 / Rules and Regulations (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 PME, unless separately authorized. Andrea M. Gacki, Director, Office of Foreign Assets Control. Dated: December 9, 2022. OFFICE OF FOREIGN ASSETS CONTROL Coast Guard 33 CFR Part 165 [Docket Number USCG–2022–1004] RIN 1625–AA00 Safety Zones; Delaware River Dredging, Marcus Hook, PA Coast Guard, DHS. Temporary final rule. AGENCY: Global Magnitsky Sanctions Regulations ACTION: The Coast Guard is establishing two temporary safety zones on the waters of the Delaware River in portions of Marcus Hook Range and Anchorage 7, off Marcus Hook Range. The safety zones temporarily restrict vessel traffic from transiting or anchoring in portions of the Delaware River while maintenance dredging is being conducted within the Delaware River. The safety zones are needed to protect personnel, vessels, and the marine environment from hazards created by dredging operations. Entry of vessels or persons into these zones is prohibited unless specifically authorized by the COTP or his designated representatives. DATES: This rule is effective without actual notice from January 17, 2023 through April 15, 2023. For the purposes of enforcement, actual notice will be used from January 10, 2023 until January 17, 2023. ADDRESSES: To view documents mentioned in this preamble as being available in the docket, go to https:// www.regulations.gov, type USCG–2022– 1004 in the search box and click ‘‘Search.’’ Next, in the Document Type column, select ‘‘Supporting & Related Material.’’ SUMMARY: 31 CFR Part 583 GENERAL LICENSE NO. 4 khammond on DSKJM1Z7X2PROD with RULES DEPARTMENT OF HOMELAND SECURITY Authorizing the Wind Down of Transactions Involving Certain Vessels (a) Except as provided in paragraph (b) of this general license, all transactions ordinarily incident and necessary to the wind down of any transaction involving any vessel in which any of the following blocked entities have an interest that are prohibited by the Global Magnitsky Sanctions Regulations, 31 CFR part 583 (GMSR), are authorized through 12:01 a.m. eastern standard time, March 9, 2023, provided that any payment to a blocked person must be made into a blocked account in accordance with the GMSR: (1) Dalian Ocean Fishing Co., Ltd.; (2) Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd.; (3) Fuzhou Honglong Ocean Fishing Co., Ltd.; (4) Pingtan Marine Enterprise Ltd.; or (5) Any entity in which one or more of the above entities own, directly or indirectly, individually or in the aggregate, a 50 percent or greater interest. (b) This general license does not authorize: (1) The entry into any new commercial contracts involving the entities or vessels described in paragraph (a) of this general license, except as authorized by paragraph (a); or (2) 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: December 9, 2022. If you have questions on this rule, call or email Petty Officer Dylan Caikowski, Waterways Management Branch, U.S. Coast Guard Sector Delaware Bay; telephone (215) 271–4814, email SecDelBayWWM@uscg.mil. SUPPLEMENTARY INFORMATION: FOR FURTHER INFORMATION CONTACT: I. Table of Abbreviations CFR Code of Federal Regulations DHS Department of Homeland Security FR Federal Register NPRM Notice of proposed rulemaking § Section U.S.C. United States Code Andrea M. Gacki, Director, Office of Foreign Assets Control. II. Background Information and Regulatory History [FR Doc. 2023–00348 Filed 1–13–23; 8:45 am] The Coast Guard is issuing this temporary rule without prior notice and BILLING CODE 4810–AL–P VerDate Sep<11>2014 15:51 Jan 13, 2023 Jkt 259001 PO 00000 Frm 00023 Fmt 4700 Sfmt 4700 2523 opportunity to comment pursuant to authority under section 4(a) of the Administrative Procedure Act (APA) (5 U.S.C. 553(b)). This provision authorizes an agency to issue a rule without prior notice and opportunity to comment when the agency, for good cause, finds that those procedures are ‘‘impracticable, unnecessary, or contrary to the public interest.’’ Under 5 U.S.C. 553(b)(B), the Coast Guard finds that good cause exists for not publishing a notice of proposed rulemaking (NPRM) with respect to this rule because it is impracticable and contrary to the public interest. There is insufficient time to allow for a reasonable comment period prior to the start date for dredging operations. The rule must be in force by January 10, 2023 to serve its purpose of ensuring the safety of the public from hazards associated with dredging operations, such as submerged and floating pipeline, booster pumps, head sections and vessels with a restricted ability to maneuver. Under 5 U.S.C. 553(d)(3), the Coast Guard finds that good cause exists for making this rule effective less than 30 days after publication in the Federal Register for the same reasons discussed above. III. Legal Authority and Need for Rule The Coast Guard is issuing this rule under authority in 46 U.S.C. 70034 (previously 33 U.S.C. 1231). The COTP has determined that there are potential hazards associated with dredging operations. The purpose of this rulemaking is to ensure the safety of personnel, vessels, and the marine environment within a 250-yard radius of dredging operations and all associated pipeline and equipment. IV. Discussion of the Rule This rule establishes two safety zones from January 10, 2023, through April 15, 2023. The safety zones are necessary to facilitate annual maintenance dredging of the Delaware River in the vicinity of Marcus Hook Range and Anchorage 7 off Marcus Hook Range (as described in 33 CFR 110.157(a)(8)). Dredging will most likely be conducted with the dredge ESSEX, though other dredges may be used, along with associated dredge pipeline and boosters. The pipeline consists of a combination of floating hoses immediately behind the dredge and submerged pipeline leading to upland disposal areas. Due to the hazards related to dredging operations, the associated pipeline and the location of submerged pipeline, safety zones are being established in the following areas: (1) Safety zone one includes all navigable waters within 250 yards of the E:\FR\FM\17JAR1.SGM 17JAR1

Agencies

[Federal Register Volume 88, Number 10 (Tuesday, January 17, 2023)]
[Rules and Regulations]
[Pages 2522-2523]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-00348]


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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 3 and 4

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 3 and 4, each of 
which was previously made available on OFAC's website.

DATES: GLs 3 and 4 were issued on December 9, 2022. 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 December 9, 2022, OFAC issued GLs 3 and 4 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. Both GLs have an 
expiration date of March 9, 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. 3

Authorizing Transactions Related to Debt or Equity of Pingtan Marine 
Enterprise Ltd.

    (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 facilitation of the 
divestment or transfer, of debt or equity of Pingtan Marine Enterprise 
Ltd. (PME) to a non-U.S. person are authorized through 12:01 a.m. 
eastern standard time, March 9, 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 PME that were placed prior to 4:00 p.m. eastern standard 
time, December 9, 2022, are authorized through 12:01 a.m. eastern 
standard time, March 9, 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 financial contracts or other 
agreements linked to the debt or equity of PME and entered into prior 
to 4:00 p.m. eastern standard time, December 9, 2022 are authorized 
through 12:01 a.m. eastern standard time, March 9, 2023, provided that 
any payments to a blocked person are made into a blocked account in 
accordance with the GMSR.
    Note to paragraph (c). The wind down of financial contracts or 
other agreements linked to the debt or equity of PME includes the 
delisting of PME from a U.S. securities exchange.
    (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 PME 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 
PME, other than purchases of or investments in debt or equity of PME 
that are ordinarily incident and necessary to the divestment or 
transfer of debt or equity of PME as described in paragraph (a) of this 
general license.

[[Page 2523]]

    (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 PME, unless separately 
authorized.

Andrea M. Gacki,
Director,
Office of Foreign Assets Control.

Dated: December 9, 2022.

OFFICE OF FOREIGN ASSETS CONTROL

Global Magnitsky Sanctions Regulations

31 CFR Part 583

GENERAL LICENSE NO. 4

Authorizing the Wind Down of Transactions Involving Certain Vessels

    (a) Except as provided in paragraph (b) of this general license, 
all transactions ordinarily incident and necessary to the wind down of 
any transaction involving any vessel in which any of the following 
blocked entities have an interest that are prohibited by the Global 
Magnitsky Sanctions Regulations, 31 CFR part 583 (GMSR), are authorized 
through 12:01 a.m. eastern standard time, March 9, 2023, provided that 
any payment to a blocked person must be made into a blocked account in 
accordance with the GMSR:
    (1) Dalian Ocean Fishing Co., Ltd.;
    (2) Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd.;
    (3) Fuzhou Honglong Ocean Fishing Co., Ltd.;
    (4) Pingtan Marine Enterprise Ltd.; or
    (5) Any entity in which one or more of the above entities own, 
directly or indirectly, individually or in the aggregate, a 50 percent 
or greater interest.
    (b) This general license does not authorize:
    (1) The entry into any new commercial contracts involving the 
entities or vessels described in paragraph (a) of this general license, 
except as authorized by paragraph (a); or
    (2) 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: December 9, 2022.

Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2023-00348 Filed 1-13-23; 8:45 am]
BILLING CODE 4810-AL-P
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