Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 78, 89574 [2023-28670]

Download as PDF 89574 Federal Register / Vol. 88, No. 248 / Thursday, December 28, 2023 / Rules and Regulations List of Subjects in 15 CFR Part 231 Business and industry, Computer technology, Exports, Foreign Trade, Government contracts, Grant Programs, Investments (US investments abroad), National defense, Research, Science & Technology, and Semiconductor chip products. For reasons set out in the preamble, 15 CFR part 231 is amended as follows: PART 231—CLAWBACKS OF CHIPS FUNDING 1. The authority citation for 15 CFR part 231 continues to read as follows: ■ Authority: 15 U.S.C. 4651, et seq. ■ 2. Revise § 231.108 to read as follows: § 231.108 Material expansion. Material expansion means: (1) with respect to an existing facility, the increase of the semiconductor manufacturing capacity of that facility by more than five percent of the capacity memorialized in the required agreement due to the addition of a cleanroom, production line or other physical space, or a series of such additions; or (2) any construction of a new facility for semiconductor manufacturing. Tamiko Ford, NIST Executive Secretariat. [FR Doc. 2023–28627 Filed 12–27–23; 8:45 am] BILLING CODE P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 587 Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 78 Office of Foreign Assets Control, Treasury. ACTION: Publication of a web general license. AGENCY: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing one general license (GL) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GL 78, which was previously made available on OFAC’s website. DATES: GL 78 was issued on December 1, 2023. See SUPPLEMENTARY INFORMATION for additional relevant dates. khammond on DSKJM1Z7X2PROD with RULES SUMMARY: FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Licensing, VerDate Sep<11>2014 19:28 Dec 27, 2023 Jkt 262001 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 December 1, 2023, OFAC issued GL 78 to authorize certain transactions otherwise prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587. GL 78 was made available on OFAC’s website (https://ofac.treasury.gov) when it was issued. The text of this GL is provided below. OFFICE OF FOREIGN ASSETS CONTROL Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part 587 General License No. 78 Authorizing Limited Safety and Environmental Transactions Involving Certain Persons or Vessels Blocked on December 1, 2023 (a) Except as provided in paragraph (c) of this general license, all transactions prohibited by Executive Order (E.O.) 14024 that are ordinarily incident and necessary to one of the following activities involving the blocked persons or vessels described in paragraph (b) are authorized through 12:01 a.m. eastern standard time, February 29, 2024, provided that any payment to a blocked person must be made into a blocked account in accordance with the Russian Harmful Foreign Activities Sanctions Regulations (RuHSR): (1) The safe docking and anchoring of any of the blocked vessels listed in paragraph (b) of this general license (‘‘blocked vessels’’) in port; (2) The preservation of the health or safety of the crew of any of the blocked vessels; or (3) Emergency repairs of any of the blocked vessels or environmental mitigation or protection activities relating to any of the blocked vessels. (b) The authorization in paragraph (a) of this general license applies to the following blocked persons and vessels listed on the Office of Foreign Assets Control’s Specially Designated Nationals and Blocked Persons List and any entity in which any of the following persons own, directly or indirectly, individually or in the aggregate, a 50 percent or greater interest: (1) Sterling Shipping Incorporated (registered owner of NS Champion; IMO 9299719); (2) Streymoy Shipping Limited (registered owner of Viktor Bakaev, IMO 9610810); and (3) HS Atlantica Limited (registered owner of HS Atlantica, IMO 9322839). (c) This general license does not authorize: PO 00000 Frm 00036 Fmt 4700 Sfmt 4700 (1) The entry into any new commercial contracts involving the property or interests in property of any blocked persons, including the blocked entities and vessels described in paragraph (b) of this general license, except as authorized by paragraph (a); (2) The offloading of any cargo onboard any of the blocked vessels, including the offloading of crude oil or petroleum products of Russian Federation origin, except for the offloading of cargo that is ordinarily incident and necessary to address vessel emergencies authorized pursuant to paragraph (a) of this general license; (3) Any transactions related to the sale of crude oil or petroleum products of Russian Federation origin; (4) Any transactions prohibited by Directive 2 under E.O. 14024, Prohibitions Related to Correspondent or PayableThrough Accounts and Processing of Transactions Involving Certain Foreign Financial Institutions; (5) Any transactions prohibited by Directive 4 under E.O. 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; or (6) Any transactions otherwise prohibited by the RuHSR, including transactions involving the property or interests in property of any person blocked pursuant to the RuHSR, other than transactions involving the blocked persons or vessels in paragraph (b) of this general license, unless separately authorized. Gregory T. Gatjanis, Associate Director, Office of Foreign Assets Control. Dated: December 1, 2023. Bradley T. Smith, Director, Office of Foreign Assets Control. [FR Doc. 2023–28670 Filed 12–27–23; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF HOMELAND SECURITY Coast Guard 33 CFR Part 117 [Docket No. USCG–2023–0183 RIN 1625–AA09 Drawbridge Operation Regulation; River Rouge, Detroit, MI Coast Guard, Department of Homeland Security (DHS). ACTION: Final rule. AGENCY: The Coast Guard is altering the operations of all movable bridges over the River Rouge, Detroit, MI to improve communications and establish winter hours. DATES: This rule is effective January 29, 2024. SUMMARY: E:\FR\FM\28DER1.SGM 28DER1

Agencies

[Federal Register Volume 88, Number 248 (Thursday, December 28, 2023)]
[Rules and Regulations]
[Page 89574]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-28670]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 587


Publication of Russian Harmful Foreign Activities Sanctions 
Regulations Web General License 78

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of a web general license.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing one general license (GL) issued pursuant 
to the Russian Harmful Foreign Activities Sanctions Regulations: GL 78, 
which was previously made available on OFAC's website.

DATES: GL 78 was issued on December 1, 2023. 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 December 1, 2023, OFAC issued GL 78 to authorize certain 
transactions otherwise prohibited by the Russian Harmful Foreign 
Activities Sanctions Regulations, 31 CFR part 587. GL 78 was made 
available on OFAC's website (https://ofac.treasury.gov) when it was 
issued. The text of this GL is provided below.

OFFICE OF FOREIGN ASSETS CONTROL

Russian Harmful Foreign Activities Sanctions Regulations

31 CFR Part 587

General License No. 78

Authorizing Limited Safety and Environmental Transactions Involving 
Certain Persons or Vessels Blocked on December 1, 2023

    (a) Except as provided in paragraph (c) of this general license, 
all transactions prohibited by Executive Order (E.O.) 14024 that are 
ordinarily incident and necessary to one of the following activities 
involving the blocked persons or vessels described in paragraph (b) 
are authorized through 12:01 a.m. eastern standard time, February 
29, 2024, provided that any payment to a blocked person must be made 
into a blocked account in accordance with the Russian Harmful 
Foreign Activities Sanctions Regulations (RuHSR):
    (1) The safe docking and anchoring of any of the blocked vessels 
listed in paragraph (b) of this general license (``blocked 
vessels'') in port;
    (2) The preservation of the health or safety of the crew of any 
of the blocked vessels; or
    (3) Emergency repairs of any of the blocked vessels or 
environmental mitigation or protection activities relating to any of 
the blocked vessels.
    (b) The authorization in paragraph (a) of this general license 
applies to the following blocked persons and vessels listed on the 
Office of Foreign Assets Control's Specially Designated Nationals 
and Blocked Persons List and any entity in which any of the 
following persons own, directly or indirectly, individually or in 
the aggregate, a 50 percent or greater interest:
    (1) Sterling Shipping Incorporated (registered owner of NS 
Champion; IMO 9299719);
    (2) Streymoy Shipping Limited (registered owner of Viktor 
Bakaev, IMO 9610810); and
    (3) HS Atlantica Limited (registered owner of HS Atlantica, IMO 
9322839).
    (c) This general license does not authorize:
    (1) The entry into any new commercial contracts involving the 
property or interests in property of any blocked persons, including 
the blocked entities and vessels described in paragraph (b) of this 
general license, except as authorized by paragraph (a);
    (2) The offloading of any cargo onboard any of the blocked 
vessels, including the offloading of crude oil or petroleum products 
of Russian Federation origin, except for the offloading of cargo 
that is ordinarily incident and necessary to address vessel 
emergencies authorized pursuant to paragraph (a) of this general 
license;
    (3) Any transactions related to the sale of crude oil or 
petroleum products of Russian Federation origin;
    (4) Any transactions prohibited by Directive 2 under E.O. 14024, 
Prohibitions Related to Correspondent or Payable-Through Accounts 
and Processing of Transactions Involving Certain Foreign Financial 
Institutions;
    (5) Any transactions prohibited by Directive 4 under E.O. 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; 
or
    (6) Any transactions otherwise prohibited by the RuHSR, 
including transactions involving the property or interests in 
property of any person blocked pursuant to the RuHSR, other than 
transactions involving the blocked persons or vessels in paragraph 
(b) of this general license, unless separately authorized.

Gregory T. Gatjanis,
Associate Director, Office of Foreign Assets Control.

    Dated: December 1, 2023.

Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2023-28670 Filed 12-27-23; 8:45 am]
BILLING CODE 4810-AL-P
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