Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General Licenses 81, 82, 83, 84, and 85, 2880-2882 [2024-00734]
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Federal Register / Vol. 89, No. 11 / Wednesday, January 17, 2024 / Rules and Regulations
(4) This regulatory change does not
raise novel legal or policy issues.
Regulatory Flexibility Act
The Commission certifies that this
rule will not have a significant
economic effect on a substantial number
of small entities under the Regulatory
Flexibility Act (5 U.S.C. 601 et seq.)
because the rule makes annual
adjustments for inflation.
Small Business Regulatory Enforcement
Fairness Act
This final rule is not a major rule
under 5 U.S.C. 804(2), the Small
Business Regulatory Enforcement
Fairness Act. It will not result in the
expenditure by state, local, or tribal
governments, in the aggregate, or by the
private sector of $100 million or more
in any one year. The rule will not result
in a major increase in costs or prices for
consumers, individual industries,
federal, state, or local government
agencies, or geographic regions. Nor will
this rule have significant adverse effects
on competition, employment,
investment, productivity, innovation, or
the ability of the U.S.-based enterprises
to compete with foreign-based
enterprises.
Unfunded Mandates Reform Act
This final rule does not impose an
unfunded mandate of more than $100
million per year on state, local, or tribal
governments or the private sector. The
rule also does not have a significant or
unique effect on state, local, or tribal
governments or the private sector.
Therefore, a statement containing the
information required by the Unfunded
Mandates Reform Act (2 U.S.C. 1531 et
seq.) is not required.
Takings
Under the criteria in Executive Order
12630, this final rule does not affect
individual property rights protected by
the Fifth Amendment nor does it
involve a compensable ‘‘taking.’’ Thus,
a takings implication assessment is not
required.
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Federalism
Under the criteria in Executive Order
13132, this final rule has no substantial
direct effect on the states, on the
relationship between the national
government and the states, or on the
distribution of power and
responsibilities among the various
levels of government.
Civil Justice Reform
This final rule complies with the
requirements of Executive Order 12988.
Specifically, this rule has been reviewed
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16:00 Jan 16, 2024
Jkt 262001
to eliminate errors and ambiguity and
written to minimize litigation. It is
written in clear language and contains
clear legal standards.
Consultation With Indian Tribes
In accordance with the President’s
memorandum of April 29, 1994,
Government-to-Government Relations
with Native American Tribal
Governments, Executive Order 13175
(59 FR 22951, November 6, 2000), the
Commission has determined that
consultations with Indian gaming tribes
is not practicable, as Congress has
mandated that annual civil penalty
adjustments in the Act be implemented
no later than January 15th of each year.
Paperwork Reduction Act
This final rule does not affect any
information collections under the
Paperwork Reduction Act.
National Environmental Policy Act
This final rule does not constitute a
major federal action significantly
affecting the quality of the human
environment.
Information Quality Act
In developing this final rule, the
Commission did not conduct or use a
study, experiment, or survey requiring
peer review under the Information
Quality Act (Pub. L. 106–554).
Effects on the Energy Supply
This final rule is not a significant
energy action under the definition in
Executive Order 13211. A Statement of
Energy Effects is not required.
Clarity of This Regulation
The Commission is required by
Executive Orders 12866 and 12988 and
by the Presidential Memorandum of
June 1, 1998, to write all rules in plain
language. This means that each rule that
the Commission publishes must:
(a) Be logically organized;
(b) Use the active voice to address
readers directly;
(c) Use clear language rather than
jargon;
(d) Be divided into short sections and
sentences; and
(e) Use lists and tables wherever
possible.
Required Determinations Under the
Administrative Procedure Act
In accordance with the Act, agencies
are to annually adjust civil monetary
penalties without providing an
opportunity for notice and comment,
and without a delay in its effective date.
Therefore, the Commission is not
required to complete a notice and
comment process prior to promulgation.
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List of Subjects in 25 CFR Part 575
Administrative practice and
procedure, Gaming, Indian lands,
Penalties.
For the reasons set forth in the
preamble, the Commission amends 25
CFR part 575 as follows:
PART 575—CIVIL FINES
1. The authority citation for part 575
continues to read as follows:
■
Authority: 25 U.S.C. 2705(a), 2706, 2713,
2715; and Sec. 701, Pub. L. 114–74, 129 Stat.
599.
§ 575.4
[Amended]
2. Amend the introductory text of
§ 575.4 by removing ‘‘$57,527’’ and
adding in its place ‘‘$63,992’’.
■
E. Sequoyah Simermeyer,
Chair,
Jean C. Hovland,
Vice Chair.
[FR Doc. 2024–00793 Filed 1–16–24; 8:45 am]
BILLING CODE 7565–01–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 587
Publication of Russian Harmful
Foreign Activities Sanctions
Regulations Web General Licenses 81,
82, 83, 84, and 85
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 pursuant
to the Russian Harmful Foreign
Activities Sanctions Regulations: GLs
81, 82, 83, 84, and 85 each of which
were previously made available on
OFAC’s website.
DATES: GLs 81 and 82 were issued on
December 20, 2023, and GLs 83, 84, and
85 were issued on December 22, 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:
SUMMARY:
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Federal Register / Vol. 89, No. 11 / Wednesday, January 17, 2024 / Rules and Regulations
Electronic Availability
This document and additional
information concerning OFAC are
available on OFAC’s website: https://
ofac.treasury.gov.
Background
On December 20, 2023, OFAC issued
GLs 81 and 82 to authorize certain
transactions otherwise prohibited by the
Russian Harmful Foreign Activities
Sanctions Regulations, 31 CFR part 587
(RuHSR). On December 22, 2023, OFAC
issued GLs 83, 84, and 85 to authorize
certain transactions otherwise
prohibited by the RuHSR. GLs 81 and 82
have an expiration date of March 19,
2024. GL 83 has an expiration date of
February 21, 2024. GL 85 has an
expiration date of March 21, 2024. Each
GL was made available on OFAC’s
website (https://ofac.treasury.gov) when
it was issued. The text of these GLs is
provided below.
OFFICE OF FOREIGN ASSETS
CONTROL
Russian Harmful Foreign Activities
Sanctions Regulations
31 CFR Part 587
lotter on DSK11XQN23PROD with RULES1
GENERAL LICENSE NO. 81
Authorizing Limited Safety and
Environmental Transactions Involving
Certain Persons or Vessels Blocked on
December 20, 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 described in paragraph
(b) are authorized through 12:01 a.m.
eastern daylight time, March 19, 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 in
port of any vessels in which any person
or entity listed in paragraph (b) of this
general license has a property interest
(‘‘blocked vessels’’);
(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 listed on the
Office of Foreign Assets Control’s
Specially Designated Nationals and
Blocked Persons List and any entity in
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which any of the following persons
own, directly or indirectly, individually
or in the aggregate, a 50 percent or
greater interest:
(1) SUN Ship Management D Ltd;
(2) Covart Energy Limited;
(3) Voliton DMCC; and
(4) Bellatrix Energy Limited.
(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 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 in paragraph (b) of this general
license, unless separately authorized.
Dated: December 20, 2023.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
OFFICE OF FOREIGN ASSETS
CONTROL
Russian Harmful Foreign Activities
Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 82
Authorizing the Wind Down of
Transactions Involving SUN Ship
Management D Ltd
(a) Except as provided in paragraph
(b) of this general license, all
transactions prohibited by Executive
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2881
Order (E.O.) 14024 that are ordinarily
incident and necessary to the wind
down of any transaction involving SUN
Ship Management D Ltd (SUN Ship), or
any entity in which SUN Ship owns,
directly or indirectly, a 50 percent or
greater interest, are authorized through
12:01 a.m. eastern daylight time, March
19, 2024, provided that any payment to
a blocked person is made into a blocked
account in accordance with the Russian
Harmful Foreign Activities Sanctions
Regulations, 31 CFR part 587 (RuHSR).
(b) This general license does not
authorize:
(1) 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;
(2) 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, as amended; or
(3) Any transactions otherwise
prohibited by the RuHSR, including
transactions involving any person
blocked pursuant to the RuHSR other
than the blocked persons mentioned in
paragraph (a) of this general license,
unless separately authorized.
Dated: December 20, 2023.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
OFFICE OF FOREIGN ASSETS
CONTROL
Russian Harmful Foreign Activities
Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 83
Authorizing Certain Transactions
Related to Imports of Certain Categories
of Fish, Seafood, and Preparations
Thereof Prohibited by Executive Order
14068
(a) Except as provided in paragraph
(b) of this general license, all
transactions prohibited by the
determination of December 22, 2023
made pursuant to section 1(a)(i)(B) of
Executive Order (E.O.) 14068, as
amended by E.O. of December 22, 2023
(‘‘Prohibitions Related to Imports of
Certain Categories of Fish, Seafood, and
Preparations Thereof’’), that are
ordinarily incident and necessary to the
importation into the United States of
seafood derivative products, pursuant to
written contracts or written agreements
entered into prior to December 22, 2023
are authorized through 12:01 a.m.
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Federal Register / Vol. 89, No. 11 / Wednesday, January 17, 2024 / Rules and Regulations
eastern standard time, February 21,
2024.
(b) This general license does not
authorize any transactions otherwise
prohibited by the Russian Harmful
Foreign Activities Sanctions
Regulations, 31 CFR part 587 (RuHSR),
including transactions involving any
person blocked pursuant to the RuHSR,
unless separately authorized.
Dated: December 22, 2023.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
OFFICE OF FOREIGN ASSETS
CONTROL
Russian Harmful Foreign Activities
Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 84
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Authorizing Transactions Related to
Closing a Correspondent or PayableThrough Account
(a) Except as provided in paragraph
(b) of this general license, U.S. financial
institutions that maintain correspondent
accounts or payable-through accounts
for any foreign financial institution
subject to the correspondent account or
payable-through account (CAPTA)
prohibition of section 11(b)(i) of
Executive Order (E.O.) 14024, as
amended, are authorized, during the 10day period beginning on the effective
date of the imposition of the
prohibition, to engage in the following
transactions:
(1) Processing only those transactions
through the account, or permitting the
foreign financial institution to execute
only those transactions through the
account, for the purpose of, and
necessary for, closing the account; and
(2) Transferring the funds remaining
in the correspondent account or the
payable-through account to an account
of the foreign financial institution
located outside of the United States and
closing of the correspondent account or
the payable-through account.
(b) This general license does not
authorize any transactions otherwise
prohibited by the RuHSR, including
transactions involving any person
blocked pursuant to the RuHSR, unless
separately authorized.
Dated: December 22, 2023.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
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16:00 Jan 16, 2024
Jkt 262001
OFFICE OF FOREIGN ASSETS
CONTROL
paragraph (a) of this general license,
unless separately authorized.
Russian Harmful Foreign Activities
Sanctions Regulations
Bradley T. Smith,
Director, Office of Foreign Assets Control.
31 CFR Part 587
Dated: December 22, 2023.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
GENERAL LICENSE NO. 85
Authorizing the Wind Down of
Transactions and the Closure of
Accounts Involving Expobank Joint
Stock Company
(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 the wind
down of any transaction involving
Expobank Joint Stock Company
(Expobank), or any entity in which
Expobank owns, directly or indirectly, a
50 percent or greater interest, are
authorized through 12:01 a.m. eastern
daylight time, March 21, 2024, provided
that any payment to a blocked person is
made into a blocked account in
accordance with the Russian Harmful
Foreign Activities Sanctions
Regulations, 31 CFR part 587 (RuHSR).
(b) Except as provided in paragraph
(c) of this general license, all
transactions prohibited by E.O. 14024
that are ordinarily incident and
necessary to (i) the closing of an account
of a person, wherever located, who is
not a blocked person (‘‘the account
holder’’), held at Expobank, or any
financial institution in which Expobank
owns, directly or indirectly, a 50
percent or greater interest, and (ii) the
unblocking and lump sum transfer of all
remaining funds and other assets in the
account to the account holder, including
to an account of the account holder held
at a non-blocked financial institution,
are authorized through 12:01 a.m.
eastern daylight time, March 21, 2024.
(c) This general license does not
authorize:
(1) 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;
(2) 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, as amended; or
(3) Any transactions otherwise
prohibited by the RuHSR, including
transactions involving any person
blocked pursuant to the RuHSR other
than the blocked person described in
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[FR Doc. 2024–00734 Filed 1–16–24; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Part 100
[Docket Number USCG–2023–0936]
Special Local Regulations; Recurring
Marine Events, Sector St. Petersburg
Coast Guard, Department of
Homeland Security (DHS).
ACTION: Notification of enforcement of
regulation.
AGENCY:
The Coast Guard will enforce
a special local regulation for the
Gasparilla Invasion and Parade on
January 27, 2024, to provide for the
safety of life on navigable waterways
during this event. Our regulation for
recurring marine events within the
Captain of the Port St. Petersburg
identifies the regulated area for this
event in Tampa, FL. During the
enforcement periods, no person or
vessel may enter, transit through,
anchor in, or remain within the
regulated area unless authorized by the
Coast Guard Patrol Commander or a
designated representative.
DATES: The regulations in 33 CFR
100.703 will be enforced from 11 a.m.
through 2 p.m., on January 27, 2024, for
the regulated are listed in Item 1 in
Table 1 to § 100.703.
FOR FURTHER INFORMATION CONTACT: If
you have questions about this notice of
enforcement, call or email Marine
Science Technician First Class Mara
Brown, Sector St. Petersburg Prevention
Department, U.S. Coast Guard;
telephone 813–228–2191, email:
Mara.J.Brown@uscg.mil.
SUPPLEMENTARY INFORMATION:
The Coast Guard will enforce the
special local regulation in 33 CFR
100.703 for the Gasparilla Invasion and
Parade regulated area identified in Table
1 to § 100.703, Item No. 1, from 11 a.m.
through 2 p.m. on January 27, 2024.
This action is being taken to provide for
the safety of life on navigable waterways
during this event. Our regulation for
recurring marine events, Captain of the
SUMMARY:
E:\FR\FM\17JAR1.SGM
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]]>Agencies
[Federal Register Volume 89, Number 11 (Wednesday, January 17, 2024)]
[Rules and Regulations]
[Pages 2880-2882]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-00734]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 587
Publication of Russian Harmful Foreign Activities Sanctions
Regulations Web General Licenses 81, 82, 83, 84, and 85
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
pursuant to the Russian Harmful Foreign Activities Sanctions
Regulations: GLs 81, 82, 83, 84, and 85 each of which were previously
made available on OFAC's website.
DATES: GLs 81 and 82 were issued on December 20, 2023, and GLs 83, 84,
and 85 were issued on December 22, 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:
[[Page 2881]]
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: https://ofac.treasury.gov.
Background
On December 20, 2023, OFAC issued GLs 81 and 82 to authorize
certain transactions otherwise prohibited by the Russian Harmful
Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR). On
December 22, 2023, OFAC issued GLs 83, 84, and 85 to authorize certain
transactions otherwise prohibited by the RuHSR. GLs 81 and 82 have an
expiration date of March 19, 2024. GL 83 has an expiration date of
February 21, 2024. GL 85 has an expiration date of March 21, 2024. Each
GL was made available on OFAC's website (https://ofac.treasury.gov)
when it was issued. The text of these GLs is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 81
Authorizing Limited Safety and Environmental Transactions Involving
Certain Persons or Vessels Blocked on December 20, 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 described in paragraph (b) are authorized
through 12:01 a.m. eastern daylight time, March 19, 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 in port of any vessels in which
any person or entity listed in paragraph (b) of this general license
has a property interest (``blocked vessels'');
(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 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) SUN Ship Management D Ltd;
(2) Covart Energy Limited;
(3) Voliton DMCC; and
(4) Bellatrix Energy Limited.
(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 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 in paragraph (b) of this general license, unless
separately authorized.
Dated: December 20, 2023.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 82
Authorizing the Wind Down of Transactions Involving SUN Ship Management
D Ltd
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by Executive Order (E.O.) 14024 that are
ordinarily incident and necessary to the wind down of any transaction
involving SUN Ship Management D Ltd (SUN Ship), or any entity in which
SUN Ship owns, directly or indirectly, a 50 percent or greater
interest, are authorized through 12:01 a.m. eastern daylight time,
March 19, 2024, provided that any payment to a blocked person is made
into a blocked account in accordance with the Russian Harmful Foreign
Activities Sanctions Regulations, 31 CFR part 587 (RuHSR).
(b) This general license does not authorize:
(1) 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;
(2) 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, as amended; or
(3) Any transactions otherwise prohibited by the RuHSR, including
transactions involving any person blocked pursuant to the RuHSR other
than the blocked persons mentioned in paragraph (a) of this general
license, unless separately authorized.
Dated: December 20, 2023.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 83
Authorizing Certain Transactions Related to Imports of Certain
Categories of Fish, Seafood, and Preparations Thereof Prohibited by
Executive Order 14068
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by the determination of December 22, 2023
made pursuant to section 1(a)(i)(B) of Executive Order (E.O.) 14068, as
amended by E.O. of December 22, 2023 (``Prohibitions Related to Imports
of Certain Categories of Fish, Seafood, and Preparations Thereof''),
that are ordinarily incident and necessary to the importation into the
United States of seafood derivative products, pursuant to written
contracts or written agreements entered into prior to December 22, 2023
are authorized through 12:01 a.m.
[[Page 2882]]
eastern standard time, February 21, 2024.
(b) This general license does not authorize any transactions
otherwise prohibited by the Russian Harmful Foreign Activities
Sanctions Regulations, 31 CFR part 587 (RuHSR), including transactions
involving any person blocked pursuant to the RuHSR, unless separately
authorized.
Dated: December 22, 2023.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 84
Authorizing Transactions Related to Closing a Correspondent or Payable-
Through Account
(a) Except as provided in paragraph (b) of this general license,
U.S. financial institutions that maintain correspondent accounts or
payable-through accounts for any foreign financial institution subject
to the correspondent account or payable-through account (CAPTA)
prohibition of section 11(b)(i) of Executive Order (E.O.) 14024, as
amended, are authorized, during the 10-day period beginning on the
effective date of the imposition of the prohibition, to engage in the
following transactions:
(1) Processing only those transactions through the account, or
permitting the foreign financial institution to execute only those
transactions through the account, for the purpose of, and necessary
for, closing the account; and
(2) Transferring the funds remaining in the correspondent account
or the payable-through account to an account of the foreign financial
institution located outside of the United States and closing of the
correspondent account or the payable-through account.
(b) This general license does not authorize any transactions
otherwise prohibited by the RuHSR, including transactions involving any
person blocked pursuant to the RuHSR, unless separately authorized.
Dated: December 22, 2023.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 85
Authorizing the Wind Down of Transactions and the Closure of Accounts
Involving Expobank Joint Stock Company
(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 the wind down of any transaction
involving Expobank Joint Stock Company (Expobank), or any entity in
which Expobank owns, directly or indirectly, a 50 percent or greater
interest, are authorized through 12:01 a.m. eastern daylight time,
March 21, 2024, provided that any payment to a blocked person is made
into a blocked account in accordance with the Russian Harmful Foreign
Activities Sanctions Regulations, 31 CFR part 587 (RuHSR).
(b) Except as provided in paragraph (c) of this general license,
all transactions prohibited by E.O. 14024 that are ordinarily incident
and necessary to (i) the closing of an account of a person, wherever
located, who is not a blocked person (``the account holder''), held at
Expobank, or any financial institution in which Expobank owns, directly
or indirectly, a 50 percent or greater interest, and (ii) the
unblocking and lump sum transfer of all remaining funds and other
assets in the account to the account holder, including to an account of
the account holder held at a non-blocked financial institution, are
authorized through 12:01 a.m. eastern daylight time, March 21, 2024.
(c) This general license does not authorize:
(1) 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;
(2) 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, as amended; or
(3) Any transactions otherwise prohibited by the RuHSR, including
transactions involving any person blocked pursuant to the RuHSR other
than the blocked person described in paragraph (a) of this general
license, unless separately authorized.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: December 22, 2023.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2024-00734 Filed 1-16-24; 8:45 am]
BILLING CODE 4810-AL-P
