Publication of Venezuela Sanctions Regulations Web General Licenses 14, 15, and Subsequent Iterations, 6628-6630 [2023-02112]
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6628
Federal Register / Vol. 88, No. 21 / Wednesday, February 1, 2023 / Rules and Regulations
paragraphs (a) and (b) 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).
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: January 28, 2019.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2023–02045 Filed 1–31–23; 8:45 am]
BILLING CODE P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 591
Publication of Venezuela Sanctions
Regulations Web General Licenses 14,
15, 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 five
general licenses (GLs) issued in the
Venezuela Sanctions program: GLs 14,
15, 15A, 15B, and 15C, each of which
was previously made available on
OFAC’s website.
DATES: GL 14 was issued on January 28,
2019. 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.
SUMMARY:
2017); E.O. 13827 of March 19, 2018,
‘‘Taking Additional Steps to Address
the Situation in Venezuela’’ (83 FR
12469, March 21, 2018); E.O. 13835 of
May 21, 2018, ‘‘Prohibiting Certain
Additional Transactions With Respect
to Venezuela’’ (83 FR 24001, May 24,
2018); and E.O. 13850 of November 1,
2018, ‘‘Blocking Property of Additional
Persons Contributing to the Situation in
Venezuela’’ (83 FR 55243, November 2,
2018). On November 22, 2019, GL 14
was incorporated into the Venezuela
Sanctions Regulations, 31 CFR part 591.
On March 22, 2019, OFAC issued GL
15 to authorize certain transactions
otherwise prohibited by E.O. 13850.
Subsequently, OFAC issued three
further iterations of GL 15: on April 17,
2019, OFAC issued GL 15A, which
superseded GL 15; on August 5, 2019,
OFAC issued GL 15B, which superseded
GL 15A and authorized certain
transactions otherwise prohibited by
E.O. 13884 of August 5, 2019, ‘‘Blocking
Property of the Government of
Venezuela’’ (84 FR 38843, August 7,
2019) as well as those prohibited by
E.O. 13850; and on March 12, 2020,
OFAC issued GL 15C, which superseded
GL 15B.
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.
lotter on DSK11XQN23PROD with RULES1
Executive Order 13808 of August 24,
2017
Imposing Additional Sanctions With
Respect to the Situation in Venezuela
Executive Order 13827 of March 19,
2018
Taking Additional Steps To Address
the Situation in Venezuela
Executive Order 13835 of May 21, 2018
Prohibiting Certain Additional
Transactions With Respect to
Venezuela
Executive Order 13850 of November 1,
2018
Blocking Property of Additional
Persons Contributing to the Situation in
Venezuela
GENERAL LICENSE 14
Official Business of the United States
Government
(a) Except as provided in paragraph
(b) of this general license, all
transactions that are for the conduct of
the official business of the United States
Government by employees, grantees, or
contractors thereof are authorized.
(b) This general license does not
authorize any transaction that is
prohibited by any part of 31 CFR
chapter V other than part 591.
Executive Order 13850 of November 1,
2018
Blocking Property of Additional
Persons Contributing to the Situation in
Venezuela
GENERAL LICENSE NO. 15
Authorizing Transactions Involving
Certain Banks Prohibited by Executive
Order 13850 for Certain Entities
(a) Except as provided in paragraph
(b) of this general license, all
transactions and activities prohibited by
Executive Order (E.O.) 13850, as
amended by E.O. 13857 of January 25,
2019 (‘‘Taking Additional Steps to
Address the National Emergency With
Respect to Venezuela’’), that are
ordinarily incident and necessary to the
activities of the following entities, and
Background
On January 28, 2019, OFAC issued GL
14 to authorize certain transactions
otherwise prohibited by Executive
Order (E.O.) 13692 of March 8, 2015,
‘‘Blocking Property and Suspending
Entry of Certain Persons Contributing to
the Situation in Venezuela’’ (80 FR
12747, March 11, 2015); E.O. 13808 of
August 24, 2017, ‘‘Imposing Additional
Sanctions With Respect to the Situation
in Venezuela’’ (82 FR 41155, August 29,
Jkt 259001
Blocking Property and Suspending
Entry of Certain Persons Contributing to
the Situation in Venezuela
OFFICE OF FOREIGN ASSETS
CONTROL
Electronic Availability
This document and additional
information concerning OFAC are
available on OFAC’s website:
www.treas.gov/ofac.
16:39 Jan 31, 2023
Executive Order 13692 of March 8,
2015
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: January 28, 2019.
SUPPLEMENTARY INFORMATION:
VerDate Sep<11>2014
OFFICE OF FOREIGN ASSETS
CONTROL
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Federal Register / Vol. 88, No. 21 / Wednesday, February 1, 2023 / Rules and Regulations
their subsidiaries, which involve Banco
de Venezuela, S.A. Banco Universal
(Banco de Venezuela) or Banco
Bicentenario del Pueblo, de la Clase
Obrera, Mujer y Comunas, Banco
Universal C.A. (Banco Bicentenario del
Pueblo) are authorized through 12:01
a.m. eastern daylight time, March 22,
2020:
• MasterCard Incorporated
• Visa Inc.
• American Express Company
• Western Union Company
• MoneyGram International
(b) This general license does not
authorize:
(1) Any transactions or dealings with
Banco de Desarrollo Economico y Social
de Venezuela (BANDES) or Banco
Bandes Uruguay S.A. (Bandes Uruguay);
(2) The unblocking of any property
blocked pursuant to E.O. 13850, as
amended by E.O. 13857, or any part of
31 CFR chapter V, except as authorized
by paragraph (a); or
(3) Any transaction that is otherwise
prohibited under E.O. 13850 of
November 1, 2018, E.O. 13835 of May
21, 2018, E.O. 13827 of March 19, 2018,
E.O. 13808 of August 24, 2017, E.O.
13692 of March 8, 2015, each as
amended by E.O. 13857, or any 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.
Bradley T. Smith,
Deputy Director, Office of Foreign Assets
Control.
Dated: March 22, 2019.
OFFICE OF FOREIGN ASSETS
CONTROL
Executive Order 13850 of November 1,
2018
Blocking Property of Additional
Persons Contributing to the Situation in
Venezuela
lotter on DSK11XQN23PROD with RULES1
GENERAL LICENSE NO. 15A
Authorizing Transactions Involving
Certain Banks Prohibited by Executive
Order 13850 for Certain Entities
(a) Except as provided in paragraph
(b) of this general license, all
transactions and activities prohibited by
Executive Order (E.O.) 13850, as
amended by E.O. 13857 of January 25,
2019 (‘‘Taking Additional Steps to
Address the National Emergency With
Respect to Venezuela’’) (E.O. 13850),
that are ordinarily incident and
necessary to the activities of the
following entities, and their
subsidiaries, which involve Banco de
Venezuela, S.A. Banco Universal (Banco
de Venezuela), Banco Bicentenario del
Pueblo, de la Clase Obrera, Mujer y
VerDate Sep<11>2014
16:39 Jan 31, 2023
Jkt 259001
Comunas, Banco Universal C.A. (Banco
Bicentenario del Pueblo), or Banco
Central de Venezuela are authorized
through 12:01 a.m. eastern daylight
time, March 22, 2020:
• MasterCard Incorporated
• Visa Inc.
• American Express Company
• Western Union Company
• MoneyGram International
(b) This general license does not
authorize:
(1) Any transactions or dealings with
Banco de Desarrollo Economico y Social
de Venezuela (BANDES) or Banco
Bandes Uruguay S.A. (Bandes Uruguay);
(2) The unblocking of any property
blocked pursuant to E.O. 13850 or any
part of 31 CFR chapter V, except as
authorized by paragraph (a); or
(3) Any transaction that is otherwise
prohibited under E.O. 13850, E.O. 13835
of May 21, 2018, E.O. 13827 of March
19, 2018, E.O. 13808 of August 24, 2017,
E.O. 13692 of March 8, 2015, each as
amended by E.O. 13857, or any 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.
(c) Effective April 17, 2019, General
License No. 15, dated March 22, 2019,
is replaced and superseded in its
entirety by this General License No.
15A.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: April 17, 2019.
6629
Pueblo), Banco del Tesoro, C.A. Banco
Universal (Banco del Tesoro), or Banco
Central de Venezuela are authorized
through 12:01 a.m. eastern daylight
time, March 22, 2020:
• MasterCard Incorporated
• Visa Inc.
• American Express Company
• Western Union Company
• MoneyGram International
(b) This general license does not
authorize:
(1) Any transactions or dealings with
Banco de Desarrollo Economico y Social
de Venezuela (BANDES) or Banco
Bandes Uruguay S.A. (Bandes Uruguay);
(2) The unblocking of any property
blocked pursuant to E.O. of August 5,
2019, or E.O. 13850, as amended, or any
part of 31 CFR chapter V, except as
authorized by paragraph (a); or
(3) Any transaction that is otherwise
prohibited by E.O. of August 5, 2019, or
E.O. 13850, E.O. 13835 of May 21, 2018,
E.O. 13827 of March 19, 2018, E.O.
13808 of August 24, 2017, or E.O. 13692
of March 8, 2015, each as amended by
E.O. 13857, or any 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.
(c) Effective August 5, 2019, General
License No. 15A, dated April 17, 2019,
is replaced and superseded in its
entirety by this General License No.
15B.
OFFICE OF FOREIGN ASSETS
CONTROL
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: August 5, 2019.
Executive Order 13850 of November 1,
2018
OFFICE OF FOREIGN ASSETS
CONTROL
Blocking Property of Additional
Persons Contributing to the Situation in
Venezuela
Venezuela Sanctions Regulations
Executive Order of August 5, 2019
GENERAL LICENSE NO. 15C
Blocking Property of the Government of
Venezuela
Authorizing Transactions Involving
Certain Banks for Certain Entities
GENERAL LICENSE NO. 15B
(a) Except as provided in paragraph
(b) of this general license, all
transactions and activities prohibited by
Executive Order (E.O.) 13850 of
November 1, 2018, as amended by E.O.
13857 of January 25, 2019, or by E.O.
13884 of August 5, 2019, each as
incorporated into the Venezuela
Sanctions Regulations, 31 CFR part 591
(the VSR), that are ordinarily incident
and necessary to the activities of the
following entities, and their
subsidiaries, which involve Banco de
Venezuela, S.A. Banco Universal (Banco
de Venezuela), Banco Bicentenario del
Pueblo, de la Clase Obrera, Mujer y
Comunas, Banco Universal C.A. (Banco
Bicentenario del Pueblo), Banco del
Authorizing Transactions Involving
Certain Banks for Certain Entities
(a) Except as provided in paragraph
(b) of this general license, all
transactions and activities prohibited by
Executive Order (E.O.) 13850, as
amended by E.O. 13857 of January 25,
2019, or E.O. of August 5, 2019, that are
ordinarily incident and necessary to the
activities of the following entities, and
their subsidiaries, which involve Banco
de Venezuela, S.A. Banco Universal
(Banco de Venezuela), Banco
Bicentenario del Pueblo, de la Clase
Obrera, Mujer y Comunas, Banco
Universal C.A. (Banco Bicentenario del
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31 CFR Part 591
E:\FR\FM\01FER1.SGM
01FER1
6630
Federal Register / Vol. 88, No. 21 / Wednesday, February 1, 2023 / Rules and Regulations
Tesoro, C.A. Banco Universal (Banco del
Tesoro), or Banco Central de Venezuela
are authorized:
• MasterCard Incorporated
• Visa Inc.
• American Express Company
• Western Union Company
• MoneyGram International
(b) This general license does not
authorize:
(1) Any transactions or activities with
Banco de Desarrollo Economico y Social
de Venezuela (BANDES) or Banco
Bandes Uruguay S.A. (Bandes Uruguay);
(2) The unblocking of any property
blocked pursuant to the VSR, or any
other part of 31 CFR chapter V, except
as authorized by paragraph (a); or
(3) Any transactions or activities
otherwise prohibited by the VSR, or any
other part of 31 CFR chapter V, or any
transactions or activities with any
blocked person other than the blocked
persons identified in paragraph (a) of
this general license.
(c) Effective March 12, 2020, General
License No. 15B, dated August 5, 2019,
is replaced and superseded in its
entirety by this General License No.
15C.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: March 12, 2020.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2023–02112 Filed 1–31–23; 8:45 am]
BILLING CODE 4810–AL–P
LIBRARY OF CONGRESS
U.S. Copyright Office
37 CFR Part 210
[Docket No. 2020–5]
Music Modernization Act Notices of
License, Notices of Nonblanket
Activity, Data Collection and Delivery
Efforts, and Reports of Usage and
Payment
U.S. Copyright Office, Library
of Congress.
ACTION: Supplemental interim rule.
AGENCY:
The U.S. Copyright Office is
issuing a supplemental interim rule
relating to certain reporting and
payment requirements of digital music
providers and related duties of the
mechanical licensing collective under
the Music Modernization Act. The
amendment extends a previously
adopted transition period pending
further rulemaking by the Office
regarding reports of adjustment. Based
lotter on DSK11XQN23PROD with RULES1
SUMMARY:
VerDate Sep<11>2014
16:39 Jan 31, 2023
Jkt 259001
on the imminent expiration of the
existing transition period and recent
public comments requesting further
proceedings on the subject of
adjustments, the Office has determined
that there is a legitimate need to make
this amendment, effective immediately.
DATES: Effective February 1, 2023.
FOR FURTHER INFORMATION CONTACT:
Rhea Efthimiadis, Assistant to the
General Counsel, by email at meft@
copyright.gov or telephone at 202–707–
8350.
SUPPLEMENTARY INFORMATION:
I. Background
The Orrin G. Hatch-Bob Goodlatte
Music Modernization Act (the ‘‘MMA’’)
substantially modified the compulsory
‘‘mechanical’’ license for reproducing
and distributing phonorecords of
nondramatic musical works under 17
U.S.C. 115.1 It did so by switching from
a song-by-song licensing system to a
blanket licensing regime that became
available on January 1, 2021 (the
‘‘license availability date’’),2
administered by a mechanical licensing
collective (the ‘‘MLC’’) designated by
the Copyright Office (the ‘‘Office’’).3
Digital music providers (‘‘DMPs’’) are
able to obtain this new mechanical
blanket license (the ‘‘blanket license’’)
to make digital phonorecord deliveries
of nondramatic musical works,
including in the form of permanent
downloads, limited downloads, or
interactive streams (referred to in the
statute as ‘‘covered activity’’ where such
activity qualifies for a blanket license),
subject to various requirements,
including reporting obligations.4 DMPs
also have the option to engage in these
activities, in whole or in part, through
voluntary licenses from copyright
owners.
A. The Office’s September 2020 and
May 2022 Rules
On September 17, 2020, as a part of
its work to implement the MMA, the
Office issued an interim rule adopting
regulations concerning reporting
requirements under the blanket license
(the ‘‘September 2020 Rule’’).5 As
relevant here, those interim regulations
included requirements governing
annual reporting and the ability to make
1 Public
Law 115–264, 132 Stat. 3676 (2018).
U.S.C. 115(e)(15).
3 As permitted under the MMA, the Office also
designated a digital licensee coordinator (the
‘‘DLC’’) to represent licensees in proceedings before
the Copyright Royalty Judges (the ‘‘CRJs’’) and the
Office, to serve as a non-voting member of the MLC,
and to carry out other functions. 84 FR 32274 (July
8, 2019).
4 17 U.S.C. 115(d).
5 85 FR 58114 (Sept. 17, 2020).
2 17
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adjustments to monthly and annual
reports and related royalty payments,
including to correct errors and replace
estimated inputs with finally
determined figures.6
After enactment of the September
2020 Rule, the Office received a request
from the DLC to modify it, prompted by
operational and compliance concerns.
After carefully evaluating the DLC’s
request and the then-existing
rulemaking record, the Office decided to
make various amendments through a
supplemental interim rule and request
for comments issued on May 24, 2022
(the ‘‘May 2022 Rule’’).7 The May 2022
Rule provided extensive background on
requirements relating to monthly reports
of usage, annual reports of usage
(‘‘AROUs’’), and reports of adjustment
(‘‘ROAs’’), including with respect to
timing, invoices, and response files.8
The Office assumes familiarity with
both the September 2020 Rule and May
2022 Rule and their detailed
explanations of these issues.9
In brief, and as relevant here, the May
2022 Rule established an invoice and
response file process for ROAs (and by
extension, AROUs that are combined
with ROAs).10 Under these regulations,
if there is an underpayment of royalties,
the DMP must pay the difference to the
MLC either contemporaneously with
delivery of the ROA or promptly after
receiving an invoice from the MLC.11 In
those circumstances where the DMP
will receive a response file from the
MLC, the MLC must deliver the invoice
to the DMP contemporaneously with the
response file.12 The MLC must
otherwise deliver the invoice to the
DMP in a reasonably timely manner.13
If requested by the DMP, the MLC must
deliver a response file no later than 45
days after receiving the ROA, unless the
ROA is combined with an AROU, in
which case the response file must be
6 37
CFR 210.27(f), (g)(3) and (4), (k).
FR 31422, 31424–27 (May 24, 2022).
8 Id. at 31422–23.
9 To date, this proceeding has involved multiple
rounds of public comments through a notification
of inquiry, 84 FR 49966 (Sept. 24, 2019), a notice
of proposed rulemaking, 85 FR 22518 (Apr. 22,
2020), and an ex parte communications process. In
addition to the September 2020 Rule and May 2022
Rule, the Office has issued two other supplemental
interim rules. 85 FR 84243 (Dec. 28, 2020); 86 FR
12822 (Mar. 5, 2021). Guidelines for ex parte
communications, along with records of such
communications, including those referenced herein,
are available at https://www.copyright.gov/
rulemaking/mma-implementation/ex-partecommunications.html. All MMA rulemaking
activity, including public comments, can currently
be accessed via navigation from https://
www.copyright.gov/music-modernization.
10 87 FR 31425–27.
11 37 CFR 210.27(k)(4).
12 Id.
13 Id.
7 87
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Agencies
[Federal Register Volume 88, Number 21 (Wednesday, February 1, 2023)]
[Rules and Regulations]
[Pages 6628-6630]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-02112]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 591
Publication of Venezuela Sanctions Regulations Web General
Licenses 14, 15, 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 five general licenses (GLs) issued in the
Venezuela Sanctions program: GLs 14, 15, 15A, 15B, and 15C, each of
which was previously made available on OFAC's website.
DATES: GL 14 was issued on January 28, 2019. 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 January 28, 2019, OFAC issued GL 14 to authorize certain
transactions otherwise prohibited by Executive Order (E.O.) 13692 of
March 8, 2015, ``Blocking Property and Suspending Entry of Certain
Persons Contributing to the Situation in Venezuela'' (80 FR 12747,
March 11, 2015); E.O. 13808 of August 24, 2017, ``Imposing Additional
Sanctions With Respect to the Situation in Venezuela'' (82 FR 41155,
August 29, 2017); E.O. 13827 of March 19, 2018, ``Taking Additional
Steps to Address the Situation in Venezuela'' (83 FR 12469, March 21,
2018); E.O. 13835 of May 21, 2018, ``Prohibiting Certain Additional
Transactions With Respect to Venezuela'' (83 FR 24001, May 24, 2018);
and E.O. 13850 of November 1, 2018, ``Blocking Property of Additional
Persons Contributing to the Situation in Venezuela'' (83 FR 55243,
November 2, 2018). On November 22, 2019, GL 14 was incorporated into
the Venezuela Sanctions Regulations, 31 CFR part 591.
On March 22, 2019, OFAC issued GL 15 to authorize certain
transactions otherwise prohibited by E.O. 13850. Subsequently, OFAC
issued three further iterations of GL 15: on April 17, 2019, OFAC
issued GL 15A, which superseded GL 15; on August 5, 2019, OFAC issued
GL 15B, which superseded GL 15A and authorized certain transactions
otherwise prohibited by E.O. 13884 of August 5, 2019, ``Blocking
Property of the Government of Venezuela'' (84 FR 38843, August 7, 2019)
as well as those prohibited by E.O. 13850; and on March 12, 2020, OFAC
issued GL 15C, which superseded GL 15B.
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
Executive Order 13692 of March 8, 2015
Blocking Property and Suspending Entry of Certain Persons Contributing
to the Situation in Venezuela
Executive Order 13808 of August 24, 2017
Imposing Additional Sanctions With Respect to the Situation in
Venezuela
Executive Order 13827 of March 19, 2018
Taking Additional Steps To Address the Situation in Venezuela
Executive Order 13835 of May 21, 2018
Prohibiting Certain Additional Transactions With Respect to Venezuela
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
GENERAL LICENSE 14
Official Business of the United States Government
(a) Except as provided in paragraph (b) of this general license,
all transactions that are for the conduct of the official business of
the United States Government by employees, grantees, or contractors
thereof are authorized.
(b) This general license does not authorize any transaction that is
prohibited by any part of 31 CFR chapter V other than part 591.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: January 28, 2019.
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
GENERAL LICENSE NO. 15
Authorizing Transactions Involving Certain Banks Prohibited by
Executive Order 13850 for Certain Entities
(a) Except as provided in paragraph (b) of this general license,
all transactions and activities prohibited by Executive Order (E.O.)
13850, as amended by E.O. 13857 of January 25, 2019 (``Taking
Additional Steps to Address the National Emergency With Respect to
Venezuela''), that are ordinarily incident and necessary to the
activities of the following entities, and
[[Page 6629]]
their subsidiaries, which involve Banco de Venezuela, S.A. Banco
Universal (Banco de Venezuela) or Banco Bicentenario del Pueblo, de la
Clase Obrera, Mujer y Comunas, Banco Universal C.A. (Banco Bicentenario
del Pueblo) are authorized through 12:01 a.m. eastern daylight time,
March 22, 2020:
MasterCard Incorporated
Visa Inc.
American Express Company
Western Union Company
MoneyGram International
(b) This general license does not authorize:
(1) Any transactions or dealings with Banco de Desarrollo Economico
y Social de Venezuela (BANDES) or Banco Bandes Uruguay S.A. (Bandes
Uruguay);
(2) The unblocking of any property blocked pursuant to E.O. 13850,
as amended by E.O. 13857, or any part of 31 CFR chapter V, except as
authorized by paragraph (a); or
(3) Any transaction that is otherwise prohibited under E.O. 13850
of November 1, 2018, E.O. 13835 of May 21, 2018, E.O. 13827 of March
19, 2018, E.O. 13808 of August 24, 2017, E.O. 13692 of March 8, 2015,
each as amended by E.O. 13857, or any 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.
Bradley T. Smith,
Deputy Director, Office of Foreign Assets Control.
Dated: March 22, 2019.
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
GENERAL LICENSE NO. 15A
Authorizing Transactions Involving Certain Banks Prohibited by
Executive Order 13850 for Certain Entities
(a) Except as provided in paragraph (b) of this general license,
all transactions and activities prohibited by Executive Order (E.O.)
13850, as amended by E.O. 13857 of January 25, 2019 (``Taking
Additional Steps to Address the National Emergency With Respect to
Venezuela'') (E.O. 13850), that are ordinarily incident and necessary
to the activities of the following entities, and their subsidiaries,
which involve Banco de Venezuela, S.A. Banco Universal (Banco de
Venezuela), Banco Bicentenario del Pueblo, de la Clase Obrera, Mujer y
Comunas, Banco Universal C.A. (Banco Bicentenario del Pueblo), or Banco
Central de Venezuela are authorized through 12:01 a.m. eastern daylight
time, March 22, 2020:
MasterCard Incorporated
Visa Inc.
American Express Company
Western Union Company
MoneyGram International
(b) This general license does not authorize:
(1) Any transactions or dealings with Banco de Desarrollo Economico
y Social de Venezuela (BANDES) or Banco Bandes Uruguay S.A. (Bandes
Uruguay);
(2) The unblocking of any property blocked pursuant to E.O. 13850
or any part of 31 CFR chapter V, except as authorized by paragraph (a);
or
(3) Any transaction that is otherwise prohibited under E.O. 13850,
E.O. 13835 of May 21, 2018, E.O. 13827 of March 19, 2018, E.O. 13808 of
August 24, 2017, E.O. 13692 of March 8, 2015, each as amended by E.O.
13857, or any 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.
(c) Effective April 17, 2019, General License No. 15, dated March
22, 2019, is replaced and superseded in its entirety by this General
License No. 15A.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: April 17, 2019.
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13850 of November 1, 2018
Blocking Property of Additional Persons Contributing to the Situation
in Venezuela
Executive Order of August 5, 2019
Blocking Property of the Government of Venezuela
GENERAL LICENSE NO. 15B
Authorizing Transactions Involving Certain Banks for Certain Entities
(a) Except as provided in paragraph (b) of this general license,
all transactions and activities prohibited by Executive Order (E.O.)
13850, as amended by E.O. 13857 of January 25, 2019, or E.O. of August
5, 2019, that are ordinarily incident and necessary to the activities
of the following entities, and their subsidiaries, which involve Banco
de Venezuela, S.A. Banco Universal (Banco de Venezuela), Banco
Bicentenario del Pueblo, de la Clase Obrera, Mujer y Comunas, Banco
Universal C.A. (Banco Bicentenario del Pueblo), Banco del Tesoro, C.A.
Banco Universal (Banco del Tesoro), or Banco Central de Venezuela are
authorized through 12:01 a.m. eastern daylight time, March 22, 2020:
MasterCard Incorporated
Visa Inc.
American Express Company
Western Union Company
MoneyGram International
(b) This general license does not authorize:
(1) Any transactions or dealings with Banco de Desarrollo Economico
y Social de Venezuela (BANDES) or Banco Bandes Uruguay S.A. (Bandes
Uruguay);
(2) The unblocking of any property blocked pursuant to E.O. of
August 5, 2019, or E.O. 13850, as amended, or any part of 31 CFR
chapter V, except as authorized by paragraph (a); or
(3) Any transaction that is otherwise prohibited by E.O. of August
5, 2019, or E.O. 13850, E.O. 13835 of May 21, 2018, E.O. 13827 of March
19, 2018, E.O. 13808 of August 24, 2017, or E.O. 13692 of March 8,
2015, each as amended by E.O. 13857, or any 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.
(c) Effective August 5, 2019, General License No. 15A, dated April
17, 2019, is replaced and superseded in its entirety by this General
License No. 15B.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: August 5, 2019.
OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations
31 CFR Part 591
GENERAL LICENSE NO. 15C
Authorizing Transactions Involving Certain Banks for Certain Entities
(a) Except as provided in paragraph (b) of this general license,
all transactions and activities prohibited by Executive Order (E.O.)
13850 of November 1, 2018, as amended by E.O. 13857 of January 25,
2019, or by E.O. 13884 of August 5, 2019, each as incorporated into the
Venezuela Sanctions Regulations, 31 CFR part 591 (the VSR), that are
ordinarily incident and necessary to the activities of the following
entities, and their subsidiaries, which involve Banco de Venezuela,
S.A. Banco Universal (Banco de Venezuela), Banco Bicentenario del
Pueblo, de la Clase Obrera, Mujer y Comunas, Banco Universal C.A.
(Banco Bicentenario del Pueblo), Banco del
[[Page 6630]]
Tesoro, C.A. Banco Universal (Banco del Tesoro), or Banco Central de
Venezuela are authorized:
MasterCard Incorporated
Visa Inc.
American Express Company
Western Union Company
MoneyGram International
(b) This general license does not authorize:
(1) Any transactions or activities with Banco de Desarrollo
Economico y Social de Venezuela (BANDES) or Banco Bandes Uruguay S.A.
(Bandes Uruguay);
(2) The unblocking of any property blocked pursuant to the VSR, or
any other part of 31 CFR chapter V, except as authorized by paragraph
(a); or
(3) Any transactions or activities otherwise prohibited by the VSR,
or any other part of 31 CFR chapter V, or any transactions or
activities with any blocked person other than the blocked persons
identified in paragraph (a) of this general license.
(c) Effective March 12, 2020, General License No. 15B, dated August
5, 2019, is replaced and superseded in its entirety by this General
License No. 15C.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: March 12, 2020.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2023-02112 Filed 1-31-23; 8:45 am]
BILLING CODE 4810-AL-P