Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General Licenses 53A, 55C, 113, and 114, 102742-102744 [2024-29676]
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102742 Federal Register / Vol. 89, No. 243 / Wednesday, December 18, 2024 / Rules and Regulations
an applicable savings bond, as it
appears on the savings bond inscription.
Record means data or documentation,
whether in paper, digital, or other
electronic form, containing or composed
of information describing any applicable
savings bond which has an applicable
address within a State, including the
name and registered address or last
known address of the registered owner,
co-owner, or beneficiary, as further
defined in 31 U.S.C. 3105(f)(1).
Registered address means the address
included in the savings bond
inscription.
State means the fifty States, the
District of Columbia, American Samoa,
the Federated States of Micronesia,
Guam, the United States Virgin Islands,
the Marshall Islands, the
Commonwealth of the Northern Mariana
Islands, Palau, and the Commonwealth
of Puerto Rico.
(b) Requests for records. Records will
be made available to States in
compliance with 31 U.S.C. 3105(f) and
this subpart, upon request by a State to
Fiscal Service. Prior to receiving access
to records, each State, through an
authorized State representative, must
enter into an information-sharing
agreement with Fiscal Service using a
form that will be provided by Fiscal
Service. Such agreements may contain,
among other things, requirements that
Treasury deems necessary or
appropriate to ensure the security of the
information.
(c) Use of records. Any records or any
information made available to a State
under this subpart:
(1) Must be used only for the purpose
of locating the owner of an applicable
savings bond;
(2) Must not be used to escheat
savings bond ownership to a State; and
(3) Must not be released by a State to
the public or any third party, unless
explicitly approved in writing, in
advance, by Treasury.
(d) Liability. Treasury is not liable for
any loss, liability, cost, or expense that
may result from a State’s receipt, use, or
distribution of records or any
information contained therein. A State
receiving records under this subpart
shall indemnify Treasury for any loss,
liability, cost, or expense associated
with the State’s receipt, use, or
distribution of, or failure to adequately
protect, records or any information
contained therein.
§ 323.12
Severability.
The provisions of this subpart are
severable, and if any section,
subsection, clause, paragraph, or phrase
of this subpart shall be adjudged to be
invalid or unconstitutional by any court
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15:22 Dec 17, 2024
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of competent jurisdiction, the judgment
shall not affect, impair, or invalidate the
remainder of this subpart, but shall be
confined in its operation to the section,
subsection, clause, paragraph, or phrase
directly involved in the controversy in
which such judgment shall have been
rendered, and the remainder of this
subpart shall continue to be in force and
effect.
By the Department of the Treasury.
David Lebryk,
Fiscal Assistant Secretary.
[FR Doc. 2024–29988 Filed 12–17–24; 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 Licenses
53A, 55C, 113, and 114
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 four
general licenses (GLs) issued pursuant
to the Russian Harmful Foreign
Activities Sanctions Regulations: GLs
53A, 55C, 113, and 114, each of which
was previously made available on
OFAC’s website.
DATES: GLs 53A, 55C, 113, and 114 were
issued on November 21, 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 or https://ofac.treasury.gov/
contact-ofac.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Electronic Availability
This document and additional
information concerning OFAC are
available on OFAC’s website: https://
ofac.treasury.gov/.
Background
On November 21, 2024, OFAC issued
GLs 53A, 55C, 113, and 114 to authorize
certain transactions otherwise
prohibited by the Russian Harmful
Foreign Activities Sanctions
Regulations, 31 CFR part 587. Each GL
was made available on OFAC’s website
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(https://ofac.treasury.gov) when it was
issued. GL 53A replaced and
superseded GL 53. GL 55C replaced and
superseded GL 55B. GL 55C has an
expiration date of June 28, 2025; GLs
113 and 114 each have an expiration
date of December 20, 2024. The text of
these GL is provided below.
OFFICE OF FOREIGN ASSETS
CONTROL
Russian Harmful Foreign Activities
Sanctions Regulations 31 CFR Part 587
GENERAL LICENSE NO. 53A
Authorizing Transactions for
Diplomatic Missions of the Russian
Federation Involving Gazprombank
Joint Stock Company or Prohibited by
Directive 4 Under Executive Order
14024
(a) Except as provided in paragraph
(c) of this general license, U.S. persons
are authorized to engage in all
transactions ordinarily incident and
necessary to the official business of
diplomatic or consular missions of the
Government of the Russian Federation
(‘‘Russian missions’’) that are prohibited
by Executive Order (E.O.) 14024 and
involve Gazprombank Joint Stock
Company (Gazprombank), or any entity
in which Gazprombank owns, directly
or indirectly, a 50 percent or greater
interest, or are 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.
(b) Except as provided in paragraph
(c) of this general license, U.S. persons
are authorized to engage in all
transactions ordinarily incident and
necessary to the compensation of
employees of Russian missions,
including payment of salaries and
reimbursement of expenses, that are
prohibited by E.O. 14024 and involve
Gazprombank, or any entity in which
Gazprombank owns, directly or
indirectly, a 50 percent or greater
interest, or are prohibited by Directive 4
under E.O. 14024.
(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 debit to an account on the
books of a U.S. financial institution of
the Central Bank of the Russian
Federation, the National Wealth Fund of
the Russian Federation, or the Ministry
of Finance of the Russian Federation; or
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Federal Register / Vol. 89, No. 243 / Wednesday, December 18, 2024 / Rules and Regulations 102743
(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 blocked persons described in
paragraph (a) of this general license,
unless separately authorized.
(c) Effective November 21, 2024,
General License No. 53, dated
November 10, 2022, is replaced and
superseded in its entirety by this
General License No. 53A.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control
Dated: November 21, 2024
OFFICE OF FOREIGN ASSETS
CONTROL
khammond on DSK9W7S144PROD with RULES
Russian Harmful Foreign Activities
Sanctions Regulations 31 CFR Part 587
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 (b), unless
separately authorized.
(d) Effective November 21, 2024,
General License No. 55B, dated June 26,
2024, is replaced and superseded in its
entirety by this General License No.
55C.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control
Dated: November 21, 2024
GENERAL LICENSE NO. 55C
OFFICE OF FOREIGN ASSETS
CONTROL
Authorizing Certain Services Related to
Sakhalin-2
Russian Harmful Foreign Activities
Sanctions Regulations 31 CFR Part 587
(a) Except as provided in paragraph
(c) of this general license, all
transactions prohibited by the
determination of November 21, 2022
made pursuant to section 1(a)(ii) of
Executive Order (E.O.) 14071
(‘‘Prohibitions on Certain Services as
They Relate to the Maritime Transport
of Crude Oil of Russian Federation
Origin’’) related to the maritime
transport of crude oil originating from
the Sakhalin-2 project (‘‘Sakhalin-2
byproduct’’) are authorized through
12:01 a.m. eastern daylight time, June
28, 2025, provided that the Sakalin-2
byproduct is solely for importation into
Japan.
(b) Except as provided in paragraph
(c) of this general license, all
transactions prohibited by E.O. 14024
involving Gazprombank Joint Stock
Company (Gazprombank) or any entity
in which Gazprombank owns, directly
or indirectly, a 50 percent or greater
interest, that are related to the Sakhalin2 project, including such transactions
involving Sakhalin Energy LLC, are
authorized through 12:01 a.m. eastern
daylight time, June 28, 2025.
(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
GENERAL LICENSE NO. 113
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15:22 Dec 17, 2024
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Authorizing the Wind Down of
Transactions Involving Certain
Financial Institutions Blocked on
November 21, 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 transactions involving the
blocked persons listed in the Annex to
this general license, and any entity in
which those blocked persons own,
directly or indirectly, individually or in
the aggregate, a 50 percent or greater
interest, are authorized through 12:01
a.m. eastern standard time, December
20, 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 debit to an account on the
books of a U.S. financial institution of
the Central Bank of the Russian
Federation, the National Wealth Fund of
the Russian Federation, or the Ministry
of Finance of the Russian Federation; or
(3) Any transactions otherwise
prohibited by the RuHSR, including
transactions involving any person
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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: November 21, 2024
Annex—Blocked Persons Described in
Paragraph (a) of General License 113
List of Blocked Persons Described in
Paragraph (a) of General License 113 as
of November 21, 2024:
(a) Aktsionernoe Obshchestvo Bank
Agroros
(b) Bank Iturup LLC
(c) BBR Bank Joint Stock Company
(d) BCS Bank AO
(e) Bratsky Narodny Bank JSC
(f) Centrocredit Bank
(g) Commercial Bank Energotransbank
Joint Stock Company
(h) Commercial Bank Khlynov Joint
Stock Company
(i) Commercial Bank Kremlyovskiy
(j) Commercial Joint Stock Bank Viking
(k) Corporate Finance Bank LLC
(l) Fora Bank Joint Stock Commercial
Bank
(m) Garant Invest Bank Joint Stock
(n) Gazprombank Joint Stock Company
(o) Interstate Bank
(p) Joint Stock Commercial Bank
National Reserve Bank Joint Stock
Company
(q) Joint Stock Commercial Bank Slavia
Joint Stock Company
(r) Joint Stock Commercial Mortgage
Bank Akibank Public Joint Stock
Company
(s) Joint Stock Company Auto Finance
Bank
(t) Joint Stock Company Bank Accept
(u) Joint Stock Company Bank Dom RF
(v) Joint Stock Company Bank
Finservice
(w) Joint Stock Company Bank United
Capital
(x) Joint Stock Company Coalmetbank
(y) Joint Stock Company Commercial
Bank Ural FD
(z) Joint Stock Company Guta Bank
(aa) Joint Stock Company NS Bank
(bb) Joint Stock Company Public Trust
Bank
(cc) Joint Stock Company Royal Credit
Bank
(dd) Joint Stock Company Severgazbank
(ee) Joint Stock Investment Commercial
Bank Eniseisk United Bank
(ff) JSC Exi Bank
(gg) JSCB Energobank
(hh) Kamsky Commercial Bank
(ii) Limited Liability Company Bank
Orange
(jj) Limited Liability Company Bank
Round
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102744 Federal Register / Vol. 89, No. 243 / Wednesday, December 18, 2024 / Rules and Regulations
(kk) Limited Liability Company Krona
Bank
(ll) National Standard Bank Joint Stock
Company
(mm) New Moscow Bank
(nn) NK Bank Joint Stock Company
(oo) Primorsky Territorial Commercial
Bank Society with Limited Liability
(pp) Public Joint Stock Commercial
Bank Derzhava
(qq) Public Joint Stock Company Bank
Alexandrovsky
(rr) Public Joint Stock Company Bank
Sinara
(ss) Public Joint Stock Company Finstar
Bank
(tt) Public Joint Stock Company
Metkombank
(uu) Public Joint Stock Company
National Bank Trust
(vv) Public Joint Stock Social
Commercial Bank of Primorye
Primsotsbank
(ww) Rossita Bank
(xx) Russian Public Joint Stock
Commercial Roads Bank
(yy) Russian Universal Bank
(zz) Vitabank PJSC
(aaa) Waybank JSC
OFFICE OF FOREIGN ASSETS
CONTROL
Russian Harmful Foreign Activities
Sanctions Regulations 31 CFR Part 587
GENERAL LICENSE NO. 114
khammond on DSK9W7S144PROD with RULES
Authorizing Certain Transactions
Related to Debt or Equity of, or
Derivative Contracts Involving, Certain
Entities Blocked on November 21, 2024
(a) Except as provided in paragraphs
(d) and (e) of this general license, all
transactions prohibited by Executive
Order (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 the
following blocked entities (‘‘Covered
Debt or Equity’’) to a non-U.S. person
are authorized through 12:01 a.m.
eastern standard time, December 20,
2024:
(1) Gazprombank Joint Stock
Company;
(2) Interstate Bank; or
(3) 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 paragraph
(e) 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 standard time, November 21,
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15:22 Dec 17, 2024
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2024 are authorized through 12:01 a.m.
eastern standard time, December 20,
2024.
(c) Except as provided in paragraph
(e) 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 standard time,
November 21, 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 standard
time, December 20, 2024, provided that
any payments to a blocked person are
made into a blocked account in
accordance with the Russian Harmful
Foreign Activities Sanctions
Regulations, 31 CFR part 587 (RuHSR).
(d) Paragraph (a) 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 (a) of this general license.
(e) 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.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control
PO 00000
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Dated: November 21, 2024
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets
Control.
[FR Doc. 2024–29676 Filed 12–17–24; 8:45 am]
BILLING CODE 4810–AL–P
ENVIRONMENTAL PROTECTION
AGENCY
40 CFR Part 52
[EPA–R09–OAR–2024–0005; FRL–11919–
02–R9]
Partial Approval and Disapproval of Air
Quality Implementation Plans; Arizona;
Regional Haze State Implementation
Plan for the Second Implementation
Period and Prong 4 (Visibility) for the
2015 Ozone and 2012 Particulate
Matter Standards
Environmental Protection
Agency (EPA).
ACTION: Final rule.
AGENCY:
The Environmental Protection
Agency (EPA) is partially approving and
partially disapproving the regional haze
state implementation plan (SIP) revision
submitted by Arizona on August 15,
2022 (‘‘2022 Arizona Regional Haze
Plan’’), under the Clean Air Act (CAA)
and the EPA’s Regional Haze Rule
(RHR) for the program’s second
implementation period. Arizona’s SIP
submission was developed to address
the requirement that states must
periodically revise their long-term
strategies for making reasonable
progress towards the national goal of
preventing any future, and remedying
any existing, anthropogenic impairment
of visibility, including regional haze, in
mandatory Class I Federal areas. The
SIP submission also addresses other
applicable requirements for the second
implementation period of the regional
haze program. Within this action, the
EPA is also disapproving the visibility
transport prong of Arizona’s
infrastructure SIP submittals for the
2012 annual fine particulate matter
(PM2.5) and 2015 ozone National
Ambient Air Quality Standards
(NAAQS). The EPA is taking this action
pursuant to CAA sections 110 and
169A.
DATES: This rule is effective on January
17, 2025.
ADDRESSES: The EPA has established a
docket for this action under Docket ID
No. EPA–R09–OAR–2024–0005. All
documents in the docket are listed on
the https://www.regulations.gov
website. Although listed in the index,
some information is not publicly
SUMMARY:
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]]>Agencies
[Federal Register Volume 89, Number 243 (Wednesday, December 18, 2024)]
[Rules and Regulations]
[Pages 102742-102744]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-29676]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 587
Publication of Russian Harmful Foreign Activities Sanctions
Regulations Web General Licenses 53A, 55C, 113, and 114
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 four general licenses (GLs) issued
pursuant to the Russian Harmful Foreign Activities Sanctions
Regulations: GLs 53A, 55C, 113, and 114, each of which was previously
made available on OFAC's website.
DATES: GLs 53A, 55C, 113, and 114 were issued on November 21, 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 or
https://ofac.treasury.gov/contact-ofac.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: https://ofac.treasury.gov/.
Background
On November 21, 2024, OFAC issued GLs 53A, 55C, 113, and 114 to
authorize certain transactions otherwise prohibited by the Russian
Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587. Each
GL was made available on OFAC's website (https://ofac.treasury.gov)
when it was issued. GL 53A replaced and superseded GL 53. GL 55C
replaced and superseded GL 55B. GL 55C has an expiration date of June
28, 2025; GLs 113 and 114 each have an expiration date of December 20,
2024. The text of these GL is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part
587
GENERAL LICENSE NO. 53A
Authorizing Transactions for Diplomatic Missions of the Russian
Federation Involving Gazprombank Joint Stock Company or Prohibited by
Directive 4 Under Executive Order 14024
(a) Except as provided in paragraph (c) of this general license,
U.S. persons are authorized to engage in all transactions ordinarily
incident and necessary to the official business of diplomatic or
consular missions of the Government of the Russian Federation
(``Russian missions'') that are prohibited by Executive Order (E.O.)
14024 and involve Gazprombank Joint Stock Company (Gazprombank), or any
entity in which Gazprombank owns, directly or indirectly, a 50 percent
or greater interest, or are 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.
(b) Except as provided in paragraph (c) of this general license,
U.S. persons are authorized to engage in all transactions ordinarily
incident and necessary to the compensation of employees of Russian
missions, including payment of salaries and reimbursement of expenses,
that are prohibited by E.O. 14024 and involve Gazprombank, or any
entity in which Gazprombank owns, directly or indirectly, a 50 percent
or greater interest, or are prohibited by Directive 4 under E.O. 14024.
(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 debit to an account on the books of a U.S. financial
institution of the Central Bank of the Russian Federation, the National
Wealth Fund of the Russian Federation, or the Ministry of Finance of
the Russian Federation; or
[[Page 102743]]
(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 blocked persons described in paragraph (a) of this
general license, unless separately authorized.
(c) Effective November 21, 2024, General License No. 53, dated
November 10, 2022, is replaced and superseded in its entirety by this
General License No. 53A.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control
Dated: November 21, 2024
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part
587
GENERAL LICENSE NO. 55C
Authorizing Certain Services Related to Sakhalin-2
(a) Except as provided in paragraph (c) of this general license,
all transactions prohibited by the determination of November 21, 2022
made pursuant to section 1(a)(ii) of Executive Order (E.O.) 14071
(``Prohibitions on Certain Services as They Relate to the Maritime
Transport of Crude Oil of Russian Federation Origin'') related to the
maritime transport of crude oil originating from the Sakhalin-2 project
(``Sakhalin-2 byproduct'') are authorized through 12:01 a.m. eastern
daylight time, June 28, 2025, provided that the Sakalin-2 byproduct is
solely for importation into Japan.
(b) Except as provided in paragraph (c) of this general license,
all transactions prohibited by E.O. 14024 involving Gazprombank Joint
Stock Company (Gazprombank) or any entity in which Gazprombank owns,
directly or indirectly, a 50 percent or greater interest, that are
related to the Sakhalin-2 project, including such transactions
involving Sakhalin Energy LLC, are authorized through 12:01 a.m.
eastern daylight time, June 28, 2025.
(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; 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 (b),
unless separately authorized.
(d) Effective November 21, 2024, General License No. 55B, dated
June 26, 2024, is replaced and superseded in its entirety by this
General License No. 55C.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control
Dated: November 21, 2024
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part
587
GENERAL LICENSE NO. 113
Authorizing the Wind Down of Transactions Involving Certain Financial
Institutions Blocked on November 21, 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 transactions
involving the blocked persons listed in the Annex to this general
license, and any entity in which those blocked persons own, directly or
indirectly, individually or in the aggregate, a 50 percent or greater
interest, are authorized through 12:01 a.m. eastern standard time,
December 20, 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 debit to an account on the books of a U.S. financial
institution of the Central Bank of the Russian Federation, the National
Wealth Fund of the Russian Federation, or 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: November 21, 2024
Annex--Blocked Persons Described in Paragraph (a) of General License
113
List of Blocked Persons Described in Paragraph (a) of General
License 113 as of November 21, 2024:
(a) Aktsionernoe Obshchestvo Bank Agroros
(b) Bank Iturup LLC
(c) BBR Bank Joint Stock Company
(d) BCS Bank AO
(e) Bratsky Narodny Bank JSC
(f) Centrocredit Bank
(g) Commercial Bank Energotransbank Joint Stock Company
(h) Commercial Bank Khlynov Joint Stock Company
(i) Commercial Bank Kremlyovskiy
(j) Commercial Joint Stock Bank Viking
(k) Corporate Finance Bank LLC
(l) Fora Bank Joint Stock Commercial Bank
(m) Garant Invest Bank Joint Stock
(n) Gazprombank Joint Stock Company
(o) Interstate Bank
(p) Joint Stock Commercial Bank National Reserve Bank Joint Stock
Company
(q) Joint Stock Commercial Bank Slavia Joint Stock Company
(r) Joint Stock Commercial Mortgage Bank Akibank Public Joint Stock
Company
(s) Joint Stock Company Auto Finance Bank
(t) Joint Stock Company Bank Accept
(u) Joint Stock Company Bank Dom RF
(v) Joint Stock Company Bank Finservice
(w) Joint Stock Company Bank United Capital
(x) Joint Stock Company Coalmetbank
(y) Joint Stock Company Commercial Bank Ural FD
(z) Joint Stock Company Guta Bank
(aa) Joint Stock Company NS Bank
(bb) Joint Stock Company Public Trust Bank
(cc) Joint Stock Company Royal Credit Bank
(dd) Joint Stock Company Severgazbank
(ee) Joint Stock Investment Commercial Bank Eniseisk United Bank
(ff) JSC Exi Bank
(gg) JSCB Energobank
(hh) Kamsky Commercial Bank
(ii) Limited Liability Company Bank Orange
(jj) Limited Liability Company Bank Round
[[Page 102744]]
(kk) Limited Liability Company Krona Bank
(ll) National Standard Bank Joint Stock Company
(mm) New Moscow Bank
(nn) NK Bank Joint Stock Company
(oo) Primorsky Territorial Commercial Bank Society with Limited
Liability
(pp) Public Joint Stock Commercial Bank Derzhava
(qq) Public Joint Stock Company Bank Alexandrovsky
(rr) Public Joint Stock Company Bank Sinara
(ss) Public Joint Stock Company Finstar Bank
(tt) Public Joint Stock Company Metkombank
(uu) Public Joint Stock Company National Bank Trust
(vv) Public Joint Stock Social Commercial Bank of Primorye Primsotsbank
(ww) Rossita Bank
(xx) Russian Public Joint Stock Commercial Roads Bank
(yy) Russian Universal Bank
(zz) Vitabank PJSC
(aaa) Waybank JSC
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part
587
GENERAL LICENSE NO. 114
Authorizing Certain Transactions Related to Debt or Equity of, or
Derivative Contracts Involving, Certain Entities Blocked on November
21, 2024
(a) Except as provided in paragraphs (d) and (e) of this general
license, all transactions prohibited by Executive Order (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 the following blocked entities
(``Covered Debt or Equity'') to a non-U.S. person are authorized
through 12:01 a.m. eastern standard time, December 20, 2024:
(1) Gazprombank Joint Stock Company;
(2) Interstate Bank; or
(3) 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 paragraph (e) 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 standard
time, November 21, 2024 are authorized through 12:01 a.m. eastern
standard time, December 20, 2024.
(c) Except as provided in paragraph (e) 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 standard time, November 21, 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 standard time, December 20,
2024, provided that any payments to a blocked person are made into a
blocked account in accordance with the Russian Harmful Foreign
Activities Sanctions Regulations, 31 CFR part 587 (RuHSR).
(d) Paragraph (a) 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 (a) of this general
license.
(e) 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.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control
Dated: November 21, 2024
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2024-29676 Filed 12-17-24; 8:45 am]
BILLING CODE 4810-AL-P
