Publication of Russia Harmful Activities Sanctions Regulations Web General Licenses 99A, 100A, and 102, 72719-72721 [2024-19913]
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Federal Register / Vol. 89, No. 173 / Friday, September 6, 2024 / Rules and Regulations
31 CFR Part 587
(10) Speech Technology Center Limited;
(11) Idronaut S.R.L.;
(12) GRK Bystrinskoye;
(13) Aktsionernoe Obshchestvo Evraz
Nizhnetagilski Metallurgicheski Kombinat
(NTMK);
(14) Aktsionernoe Obshchestvo Evraz
Vanadi Tula;
(15) Aktsionernoe Obshchestvo Evraz
Market;
(16) Limited Liability Company Volga
Dnepr Airlines;
(17) Atran Limited Liability Company; or
(18) Any entity in which one or more of
the above persons own, directly or indirectly,
individually or in the aggregate, a 50 percent
or greater interest.
(b) This general license does not authorize:
(1) 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;
(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; or
(3) Any transactions otherwise prohibited
by the RuHSR, including transactions
involving any person blocked pursuant to the
RuHSR other than the blocked persons
described in paragraph (a) of this general
license, unless separately authorized.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
Dated: August 23, 2024.
GENERAL LICENSE NO. 106
OFFICE OF FOREIGN ASSETS CONTROL
Authorizing the Wind Down of Transactions
Involving Certain Entities Blocked on August
23, 2024
(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
one or more of the following blocked entities
are authorized through 12:01 a.m. eastern
daylight time, October 9, 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):
(1) General Technology Group Dalian
Machine Tool Import & Export Co Ltd;
(2) Public Joint Stock Company Yakutskaya
Toplivno Energeticheskaya Kompaniya
(YATEC);
(3) Joint Stock Company Holdingovaya
Kompaniya SDS Ugol;
(4) Public Joint Stock Company Ugolnaya
Kompaniya Yuzhnyi Kuzbass;
(5) Joint Stock Company Stroiservis;
(6) Guangzhou Chiphome Information
Technology Limited;
(7) Chengdu Jingxin Technology Co Ltd;
(8) Shenzhen Huashuo Semiconductor Co
Ltd;
(9) AirBridgeCargo Airlines Limited
Liability Company;
Russian Harmful Foreign Activities
Sanctions Regulations
daylight time, October 23, 2024, provided
that the cargo was loaded prior to August 23,
2024.
(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
(a) of this general license, except as
authorized by paragraph (a);
(2) 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;
(3) 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
(4) 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 described in paragraph
(a) of this general license, unless separately
authorized.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
Dated: August 23, 2024.
OFFICE OF FOREIGN ASSETS CONTROL
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Russian Harmful Foreign Activities
Sanctions Regulations
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31 CFR Part 587
GENERAL LICENSE NO. 107
Authorizing Limited Safety and
Environmental Transactions Involving
Certain Blocked Persons or Vessels
(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, October 23, 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, 31
CFR part 587 (RuHSR):
(1) The safe docking and anchoring in port
of any vessels in which any person listed in
paragraph (b) of this general license has a
property interest (the ‘‘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
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72719
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) Ocean Speedstar Solutions OPC Private
Limited; or
(2) Zara Shipholding Co.
(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 liquefied natural gas 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
liquefied natural gas 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 described in paragraph
(b) of this general license, unless separately
authorized.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
Dated: August 23, 2024.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
[FR Doc. 2024–19927 Filed 9–5–24; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 587
Publication of Russia Harmful
Activities Sanctions Regulations Web
General Licenses 99A, 100A, and 102
Office of Foreign Assets
Control, Treasury.
AGENCY:
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72720
Federal Register / Vol. 89, No. 173 / Friday, September 6, 2024 / Rules and Regulations
Publication of web general
licenses.
ACTION:
The Department of the
Treasury’s Office of Foreign Assets
Control (OFAC) is publishing three
general licenses (GLs) issued pursuant
to the Russian Harmful Foreign
Activities Sanctions Regulations: GLs
99A, 100A, and 102, each of which was
previously made available on OFAC’s
website.
DATES: GLs 99A and 100A were issued
on August 2, 2024. 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:
Electronic Availability
This document and additional
information concerning OFAC are
available on OFAC’s website: https://
ofac.treasury.gov.
Background
On August 2, 2024, OFAC issued GLs
99A and 100A to authorize certain
transactions otherwise prohibited by the
Russian Harmful Foreign Activities
Sanctions Regulations, 31 CFR part 587
(RuHSR). These GLs supersede GLs 99
and 100, respectively, and have
expiration dates of October 12, 2024. On
August 12, 2024, OFAC issued GL 102,
authorizing transactions otherwise
prohibited by the RuHSR and expiring
November 12, 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. 99A
Authorizing the Wind Down of Transactions
and Certain Transactions Related to Debt or
Equity of, or Derivative Contracts Involving,
MOEX, NCC, or NSD
(a) Except as provided in paragraph (f) 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
one or more of the following blocked entities
are authorized through 12:01 a.m. eastern
daylight time, October 12, 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):
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(1) Moscow Exchange (MOEX);
(2) National Clearing Center (NCC);
(3) Non-Bank Credit Institution Joint Stock
Company National Settlement Depository
(NSD); and
(4) Any entity in which one or more of the
above persons own, directly or indirectly,
individually or in the aggregate, a 50 percent
or greater interest.
(b) Except as provided in paragraphs (e)
and (f) of this general license, all transactions
prohibited by E.O. 14024 that are ordinarily
incident and necessary to the divestment or
transfer, or the facilitation of the divestment
or transfer, of debt or equity issued or
guaranteed by any of the blocked entities
identified in paragraph (a) (‘‘Covered Debt or
Equity’’) to a non-U.S. person are authorized
through 12:01 a.m. eastern daylight time,
October 12, 2024.
(c) Except as provided in paragraph (f) of
this general license, all transactions
prohibited by E.O. 14024 that are ordinarily
incident and necessary to facilitating,
clearing, and settling trades of Covered Debt
or Equity that were placed prior to 4:00 p.m.
eastern daylight time, June 12, 2024 are
authorized through 12:01 a.m. eastern
daylight time, October 12, 2024.
(d) Except as provided in paragraph (f) of
this general license, all transactions
prohibited by E.O. 14024 that are ordinarily
incident and necessary to the wind down of
derivative contracts entered into prior to 4:00
p.m. eastern daylight time June 12, 2024 that
(i) include a blocked person described in
paragraph (a) of this general license as a
counterparty or (ii) are linked to Covered
Debt or Equity are authorized through 12:01
a.m. eastern daylight time, October 12, 2024,
provided that any payments to a blocked
person are made into a blocked account in
accordance with the RuHSR.
(e) Paragraph (b) of this general license
does not authorize:
(1) U.S. persons to sell, or to facilitate the
sale of, Covered Debt or Equity 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, Covered Debt or
Equity, other than purchases of or
investments in Covered Debt or Equity
ordinarily incident and necessary to the
divestment or transfer of Covered Debt or
Equity as described in paragraph (b) of this
general license.
(f) This general license does not authorize:
(1) 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;
(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; or
(3) Any transactions otherwise prohibited
by the RuHSR, including transactions
involving any person blocked pursuant to the
RuHSR other than the blocked persons
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described in paragraph (a) of this general
license, unless separately authorized.
(g) Effective August 2, 2024, General
License No. 99, dated June 12, 2024, is
replaced and superseded in its entirety by
this General License No. 99A.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: August 2, 2024.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities
Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 100A
Authorizing Certain Transactions Related to
Debt or Equity or the Conversion of
Currencies Involving MOEX, NCC, or NSD
(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 divestment of debt or equity to a non-U.S.
person, who is not a person whose property
or interests in property are blocked, or the
conversion of currencies, involving one or
more of the following blocked entities that is
acting solely as a securities, trade, or
settlement depository, central counterparty
or clearing house, or public trading market,
are authorized through 12:01 a.m. eastern
daylight time, October 12, 2024:
(1) Moscow Exchange (MOEX);
(2) National Clearing Center (NCC);
(3) Non-Bank Credit Institution Joint Stock
Company National Settlement Depository
(NSD); and
(4) Any entity in which one or more of the
above persons own, directly or indirectly,
individually or in the aggregate, a 50 percent
or greater interest.
(b) This general license does not authorize:
(1) 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;
(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; or
(3) 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
other than the blocked persons described in
paragraph (a) of this general license, unless
separately authorized.
(c) Effective August 2, 2024, General
License No. 100, dated June 12, 2024, is
replaced and superseded in its entirety by
this General License No. 100A.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: August 2, 2024.
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Federal Register / Vol. 89, No. 173 / Friday, September 6, 2024 / Rules and Regulations
OFFICE OF FOREIGN ASSETS CONTROL
DEPARTMENT OF HOMELAND
SECURITY
Russian Harmful Foreign Activities
Sanctions Regulations
Coast Guard
31 CFR Part 587
33 CFR Part 100
GENERAL LICENSE NO. 102
Authorizing Certain Transactions Involving
VPower Finance Security (Hong Kong)
Limited
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(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 transportation, delivery, or storage of
currency; cash processing services; or
maintenance of automated teller machines
(ATMs) within Hong Kong involving VPower
Finance Security (Hong Kong) Limited
(‘‘VPower’’) are authorized through 12:01
a.m. eastern standard time, November 12,
2024.
(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 the provision and
staffing of customer service centers for mass
transit railway stations within Hong Kong
involving VPower are authorized through
12:01 a.m. eastern standard time, November
12, 2024.
(c) This general license does not authorize:
(1) Any transactions related to the
transportation, delivery, or storage of gold;
(2) 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;
(3) 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
(4) 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
other than the blocked person described in
paragraph (a) of this general license, unless
separately authorized.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
Dated: August 12, 2024.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
[FR Doc. 2024–19913 Filed 9–5–24; 8:45 am]
BILLING CODE 4810–AL–P
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[Docket No. USCG–2024–0805]
Special Local Regulation; Poquoson
Seafood Festival Workboat Races;
Back River, Poquoson, VA
Coast Guard, DHS.
Notification of enforcement of
regulation.
AGENCY:
ACTION:
The Coast Guard will enforce
a special local regulation for the
Poquoson Seafood Festival Workboat
Races on the Back River, VA, on
September 15, 2024, to provide for the
safety of life on navigable waterways
during this event. Coast Guard
regulations for marine events within the
Fifth Coast Guard District identify the
regulated area for this event in
Poquoson, VA. During the enforcement
period, the operator of any vessel in the
regulated area must comply with
directions from the Patrol Commander
or local law enforcement vessel
approved by the Captain of the Port
(COTP).
SUMMARY:
The regulations in 33 CFR
100.501 will be enforced for the location
identified for the Poquoson Seafood
Festival Workboat Races in table 3 to
paragraph (i)(3) to § 100.501 from 1 p.m.
until 4 p.m. on September 15, 2024.
FOR FURTHER INFORMATION CONTACT: If
you have questions about this
notification of enforcement, call or
email LCDR Justin Strassfield, Chief,
Waterways Management Division,
Sector Virginia, U.S. Coast Guard;
telephone 757–668–5580; email
Justin.Z.Strassfield@uscg.mil.
SUPPLEMENTARY INFORMATION: The Coast
Guard will enforce the special local
regulation in 33 CFR 100.501 for the
Poquoson Seafood Festival Workboat
Races from 1 p.m. to 4 p.m. on
September 15, 2024. This action is being
taken to provide for the safety of life on
navigable waterways during this event.
Our regulation for marine events within
the Fifth Coast Guard District, § 100.501,
specifies the location of the regulated
area for the Poquoson Seafood Festival
Workboat Races, which encompasses
portions of the Back River. Although
§ 100.501 indicates the event will take
place the last Sunday in September or
the first or second Sunday in October,
a footnote in the regulation indicates
that the dates are subject to change and
that notice of any change in dates will
be provided in the Federal Register.
DATES:
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72721
During the enforcement period, the
operator of any vessel in the regulated
area must comply with directions from
the Patrol Commander or from any local
law enforcement vessel approved by the
COTP.
In addition to this notification of
enforcement in the Federal Register, the
Coast Guard plans to provide
notification of this enforcement period
via the Local Notice to Mariners and
Broadcast Notice to Mariners.
Dated: August 29, 2024.
Peggy M. Britton,
Captain, U.S. Coast Guard, Captain of the
Port Virginia.
[FR Doc. 2024–20090 Filed 9–5–24; 8:45 am]
BILLING CODE 9110–04–P
ENVIRONMENTAL PROTECTION
AGENCY
40 CFR Part 52
[EPA–R02–OAR–2023–0468; FRL–12057–
02–R2]
Air Plan Approval; New Jersey;
Interstate Transport Requirements for
the 2010 1-Hour Sulfur Dioxide
Standard
Environmental Protection
Agency (EPA).
ACTION: Final rule.
AGENCY:
The Environmental Protection
Agency (EPA) is approving the portions
of a State Implementation Plan (SIP)
submittal from the State of New Jersey
demonstrating that the State satisfies the
infrastructure requirements of the Clean
Air Act (CAA) addressing interstate
transport of pollution with respect to
the 2010 1-hour Sulfur Dioxide (SO2)
primary National Ambient Air Quality
Standard (NAAQS). This action is being
taken in accordance with the
requirements of the CAA.
DATES: This final rule is effective on
October 7, 2024.
ADDRESSES: The EPA has established a
docket for this action under Docket ID
Number EPA–R02–OAR–2023–0468. All
documents in the docket are listed on
the https://www.regulations.gov
website. Although listed in the index,
some information is not publicly
available, e.g., Controlled Unclassified
Information (CUI) (formally referred to
as Confidential Business Information
(CBI)) or other information whose
disclosure is restricted by statute.
Certain other material, such as
copyrighted material, is not placed on
the internet and will be publicly
available only in hard copy form.
Publicly available docket materials are
SUMMARY:
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]]>Agencies
[Federal Register Volume 89, Number 173 (Friday, September 6, 2024)]
[Rules and Regulations]
[Pages 72719-72721]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-19913]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 587
Publication of Russia Harmful Activities Sanctions Regulations
Web General Licenses 99A, 100A, and 102
AGENCY: Office of Foreign Assets Control, Treasury.
[[Page 72720]]
ACTION: Publication of web general licenses.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing three general licenses (GLs) issued
pursuant to the Russian Harmful Foreign Activities Sanctions
Regulations: GLs 99A, 100A, and 102, each of which was previously made
available on OFAC's website.
DATES: GLs 99A and 100A were issued on August 2, 2024. 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 August 2, 2024, OFAC issued GLs 99A and 100A to authorize
certain transactions otherwise prohibited by the Russian Harmful
Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR).
These GLs supersede GLs 99 and 100, respectively, and have expiration
dates of October 12, 2024. On August 12, 2024, OFAC issued GL 102,
authorizing transactions otherwise prohibited by the RuHSR and expiring
November 12, 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. 99A
Authorizing the Wind Down of Transactions and Certain Transactions
Related to Debt or Equity of, or Derivative Contracts Involving, MOEX,
NCC, or NSD
(a) Except as provided in paragraph (f) 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 one or more of the following blocked entities
are authorized through 12:01 a.m. eastern daylight time, October 12,
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):
(1) Moscow Exchange (MOEX);
(2) National Clearing Center (NCC);
(3) Non-Bank Credit Institution Joint Stock Company National
Settlement Depository (NSD); and
(4) Any entity in which one or more of the above persons own,
directly or indirectly, individually or in the aggregate, a 50
percent or greater interest.
(b) Except as provided in paragraphs (e) and (f) of this general
license, all transactions prohibited by E.O. 14024 that are
ordinarily incident and necessary to the divestment or transfer, or
the facilitation of the divestment or transfer, of debt or equity
issued or guaranteed by any of the blocked entities identified in
paragraph (a) (``Covered Debt or Equity'') to a non-U.S. person are
authorized through 12:01 a.m. eastern daylight time, October 12,
2024.
(c) Except as provided in paragraph (f) of this general license,
all transactions prohibited by E.O. 14024 that are ordinarily
incident and necessary to facilitating, clearing, and settling
trades of Covered Debt or Equity that were placed prior to 4:00 p.m.
eastern daylight time, June 12, 2024 are authorized through 12:01
a.m. eastern daylight time, October 12, 2024.
(d) Except as provided in paragraph (f) of this general license,
all transactions prohibited by E.O. 14024 that are ordinarily
incident and necessary to the wind down of derivative contracts
entered into prior to 4:00 p.m. eastern daylight time June 12, 2024
that (i) include a blocked person described in paragraph (a) of this
general license as a counterparty or (ii) are linked to Covered Debt
or Equity are authorized through 12:01 a.m. eastern daylight time,
October 12, 2024, provided that any payments to a blocked person are
made into a blocked account in accordance with the RuHSR.
(e) Paragraph (b) of this general license does not authorize:
(1) U.S. persons to sell, or to facilitate the sale of, Covered
Debt or Equity 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, Covered Debt
or Equity, other than purchases of or investments in Covered Debt or
Equity ordinarily incident and necessary to the divestment or
transfer of Covered Debt or Equity as described in paragraph (b) of
this general license.
(f) 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;
or
(3) Any transactions otherwise prohibited by the RuHSR,
including transactions involving any person blocked pursuant to the
RuHSR other than the blocked persons described in paragraph (a) of
this general license, unless separately authorized.
(g) Effective August 2, 2024, General License No. 99, dated June
12, 2024, is replaced and superseded in its entirety by this General
License No. 99A.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: August 2, 2024.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 100A
Authorizing Certain Transactions Related to Debt or Equity or the
Conversion of Currencies Involving MOEX, NCC, or NSD
(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 divestment of debt or
equity to a non-U.S. person, who is not a person whose property or
interests in property are blocked, or the conversion of currencies,
involving one or more of the following blocked entities that is
acting solely as a securities, trade, or settlement depository,
central counterparty or clearing house, or public trading market,
are authorized through 12:01 a.m. eastern daylight time, October 12,
2024:
(1) Moscow Exchange (MOEX);
(2) National Clearing Center (NCC);
(3) Non-Bank Credit Institution Joint Stock Company National
Settlement Depository (NSD); and
(4) Any entity in which one or more of the above persons own,
directly or indirectly, individually or in the aggregate, a 50
percent or greater interest.
(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;
or
(3) 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 other than the blocked persons described in paragraph (a) of
this general license, unless separately authorized.
(c) Effective August 2, 2024, General License No. 100, dated
June 12, 2024, is replaced and superseded in its entirety by this
General License No. 100A.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: August 2, 2024.
[[Page 72721]]
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR Part 587
GENERAL LICENSE NO. 102
Authorizing Certain Transactions Involving VPower Finance Security
(Hong Kong) Limited
(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 transportation, delivery,
or storage of currency; cash processing services; or maintenance of
automated teller machines (ATMs) within Hong Kong involving VPower
Finance Security (Hong Kong) Limited (``VPower'') are authorized
through 12:01 a.m. eastern standard time, November 12, 2024.
(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 the provision and staffing of customer
service centers for mass transit railway stations within Hong Kong
involving VPower are authorized through 12:01 a.m. eastern standard
time, November 12, 2024.
(c) This general license does not authorize:
(1) Any transactions related to the transportation, delivery, or
storage of gold;
(2) 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;
(3) 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
(4) 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 other than the blocked person described in paragraph (a) of
this general license, unless separately authorized.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
Dated: August 12, 2024.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2024-19913 Filed 9-5-24; 8:45 am]
BILLING CODE 4810-AL-P
