[Federal Register Volume 89, Number 36 (Thursday, February 22, 2024)]
[Rules and Regulations]
[Pages 13270-13271]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-03629]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 587


Publication of Russian Harmful Foreign Activities Sanctions 
Regulations Web General Licenses 13H and 86

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of web general licenses.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing two general licenses (GLs) issued pursuant 
to the Russian Harmful Foreign Activities Sanctions Regulations: GLs 
13H and 86, each of which was previously made available on OFAC's 
website.

DATES: GLs 13H and 86 were issued on January 18, 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 January 18, 2024, OFAC issued GLs 13H and 86 to authorize 
certain transactions otherwise prohibited by the Russian Harmful 
Foreign Activities Sanctions Regulations, 31 CFR part 587. Each GL has 
an expiration date of April 17, 2024 and was made available on OFAC's 
website (https://ofac.treasury.gov/) at the time of publication. 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. 13H

Authorizing Certain Administrative Transactions Prohibited by Directive 
4 Under Executive Order 14024

    (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, 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, 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 daylight time, April 17, 2024.
    (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 January 18, 2024, General License No. 13G, dated 
November 2, 2023, is replaced and superseded in its entirety by this 
General License No. 13H.

Bradley T. Smith,

Director, Office of Foreign Assets Control.

    Dated: January 18, 2024.

[[Page 13271]]

OFFICE OF FOREIGN ASSETS CONTROL

Russian Harmful Foreign Activities Sanctions Regulations

31 CFR Part 587

GENERAL LICENSE NO. 86

Authorizing Limited Safety and Environmental Transactions Involving 
Certain Persons or Vessels Blocked on January 18, 2024

    (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, April 17, 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 Hennesea Holdings Limited (Hennesea) and any entity in which 
Hennesea owns, directly or indirectly, a 50 percent or greater 
interest.
    (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 persons 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 described in paragraph (b) of this general license, 
unless separately authorized.

Bradley T. Smith,

Director, Office of Foreign Assets Control.

    Dated: January 18, 2024.

Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2024-03629 Filed 2-21-24; 8:45 am]
BILLING CODE 4810-AL-P