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Final Rule

Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 13K

Publication of a web general license.

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Summary:

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one general license (GL) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GL 13K, which was previously made available on OFAC's website.

Key Dates
Citation: 89 FR 84820
GL 13K was issued on September 30, 2024. See SUPPLEMENTARY INFORMATION for additional relevant dates.
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Document Details

Document Number2024-24737
FR Citation89 FR 84820
TypeFinal Rule
PublishedOct 24, 2024
Effective Date-
RIN-
Docket ID-
Pages84820–84820 (1 pages)
Text FetchedYes

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Full Document Text (508 words · ~3 min read)

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<RULE> DEPARTMENT OF THE TREASURY <SUBAGY>Office of Foreign Assets Control</SUBAGY> <CFR>31 CFR Part 587</CFR> <SUBJECT>Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 13K</SUBJECT> <HD SOURCE="HED">AGENCY:</HD> Office of Foreign Assets Control, Treasury. <HD SOURCE="HED">ACTION:</HD> Publication of a web general license. <SUM> <HD SOURCE="HED">SUMMARY:</HD> The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one general license (GL) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GL 13K, which was previously made available on OFAC's website. </SUM> <EFFDATE> <HD SOURCE="HED">DATES:</HD> GL 13K was issued on September 30, 2024. See <E T="02">SUPPLEMENTARY INFORMATION</E> for additional relevant dates. </EFFDATE> <FURINF> <HD SOURCE="HED">FOR FURTHER INFORMATION CONTACT:</HD> 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 <E T="03">https://ofac.treasury.gov/contact-ofac.</E> </FURINF> <SUPLINF> <HD SOURCE="HED">SUPPLEMENTARY INFORMATION:</HD> <HD SOURCE="HD1">Electronic Availability</HD> This document and additional information concerning OFAC are available on OFAC's website: <E T="03">https://ofac.treasury.gov/.</E> <HD SOURCE="HD1">Background</HD> On September 30, 2024, OFAC issued GL 13K to authorize certain transactions otherwise prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587. GL 13K superseded GL 13J and was made available on OFAC's website ( <E T="03">https://ofac.treasury.gov/</E> ) when it was issued. The text of this GL is provided below. <HD SOURCE="HD1">OFFICE OF FOREIGN ASSETS CONTROL</HD> <HD SOURCE="HD1">Russian Harmful Foreign Activities Sanctions Regulations</HD> <HD SOURCE="HD1">31 CFR Part 587</HD> <HD SOURCE="HD1">GENERAL LICENSE NO. 13K</HD> <HD SOURCE="HD1">Authorizing Certain Administrative Transactions Prohibited by Directive 4 Under Executive Order 14024</HD> (a) Except as provided in paragraph (b) of this general license, U.S. persons, or entities owned or controlled, directly or indirectly, by a U.S. person, are authorized to pay taxes, fees, or import duties, and purchase or receive permits, licenses, registrations, certifications, or tax refunds to the extent such transactions are prohibited by Directive 4 under Executive Order 14024, <E T="03">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,</E> provided such transactions are ordinarily incident and necessary to the day-to-day operations in the Russian Federation of such U.S. persons or entities, through 12:01 a.m. eastern standard time, January 8, 2025. (b) This general license does not authorize: (1) 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 (2) 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. (c) Effective September 30, 2024, General License No. 13J, dated July 10, 2024, is replaced and superseded in its entirety by this General License No. 13K. <EXTRACT> <FP>Lisa M. Palluconi,</FP> <FP> <E T="03">Acting Director, Office of Foreign Assets Control.</E> </FP> </EXTRACT> <SIG> <DATED>Dated: September 30, 2024.</DATED> <NAME>Lisa M. Palluconi,</NAME> Acting Director, Office of Foreign Assets Control. </SIG> </SUPLINF> <FRDOC>[FR Doc. 2024-24737 Filed 10-23-24; 8:45 am]</FRDOC> </RULE>
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