Federal Register / Vol. 89, No. 193 / Friday, October 4, 2024 / Rules and Regulations 80741 

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. 

Bradley T. Smith, 

Director, Office of Foreign Assets Control. 

Dated: December 12, 2023. 

Lisa M. Palluconi, 

Acting Deputy Director, Office of Foreign 

Assets Control. 

[FR Doc. 2024–22934 Filed 10–3–24; 8:45 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

31 CFR Part 587 

Publication of Russian Harmful 

Foreign Activities Sanctions 

Regulations Web General License 8H 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Publication of a web general 

license. 

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 8H, which 

was previously made available on 

OFAC’s website. 

DATES: GL 8H was issued on October 25, 

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 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 October 25, 2023, OFAC issued GL 

8H to authorize certain transactions 

otherwise prohibited by the Russian 

Harmful Foreign Activities Sanctions 

Regulations, 31 CFR part 587. GL 8H 

was made available on OFAC’s website 

(https://ofac.treasury.gov) when it was 

issued. The text of this GL is provided 

below. 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Russian Harmful Foreign Activities 

Sanctions Regulations 

31 CFR Part 587 

GENERAL LICENSE NO. 8H 

Authorizing Transactions Related to 

Energy 

(a) Except as provided in paragraph 

(c) of this general license, all 

transactions prohibited by Executive 

Order (E.O.) 14024 involving one or 

more of the following entities that are 

related to energy are authorized, 

through 12:01 a.m. eastern daylight 

time, May 1, 2024: 

(1) State Corporation Bank for 

Development and Foreign Economic 

Affairs Vnesheconombank; 

(2) Public Joint Stock Company Bank 

Financial Corporation Otkritie; 

(3) Sovcombank Open Joint Stock 

Company; 

(4) Public Joint Stock Company 

Sberbank of Russia; 

(5) VTB Bank Public Joint Stock 

Company; 

(6) Joint Stock Company Alfa-Bank; 

(7) Public Joint Stock Company 

Rosbank; 

(8) Bank Zenit Public Joint Stock 

Company; 

(9) Bank Saint-Petersburg Public Joint 

Stock Company; 

(10) 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; or 

(11) the Central Bank of the Russian 

Federation. 

(b) For the purposes of this general 

license, the term ‘‘related to energy’’ 

means the extraction, production, 

refinement, liquefaction, gasification, 

regasification, conversion, enrichment, 

fabrication, transport, or purchase of 

petroleum, including crude oil, lease 

condensates, unfinished oils, natural gas 

liquids, petroleum products, natural gas, 

or other products capable of producing 

energy, such as coal, wood, or 

agricultural products used to 

manufacture biofuels, or uranium in any 

form, as well as the development, 

production, generation, transmission, or 

exchange of power, through any means, 

including nuclear, thermal, and 

renewable energy sources. 

(c) This general license does not 

authorize: 

(1) Any transactions prohibited by 

Directive 1A under E.O. 14024, 

Prohibitions Related to Certain 

Sovereign Debt of the Russian 

Federation; 

(2) The opening or maintaining of a 

correspondent account or payablethrough account for or on behalf of any 

entity subject to 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 debit to an account on the 

books of a U.S. financial institution of 

the Central Bank 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 persons 

described in paragraph (a) of this 

general license, unless separately 

authorized. 

(d) Effective October 25, 2023, 

General License No. 8G, dated May 5, 

2023, is replaced and superseded in its 

entirety by this General License No. 8H. 

Note to General License No. 8H. This 

authorization is valid until May 1, 2024, 

unless renewed. 

Bradley T. Smith, 

Director, Office of Foreign Assets Control. 


khammond on DSKJM1Z7X2PROD with RULES
80742 Federal Register / Vol. 89, No. 193 / Friday, October 4, 2024 / Rules and Regulations 

Dated: October 25, 2023. 

Lisa M. Palluconi, 

Acting Director, Office of Foreign Assets 

Control. 

[FR Doc. 2024–22935 Filed 10–3–24; 8:45 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

31 CFR Part 587 

Publication of Russian Harmful 

Foreign Activities Sanctions 

Regulations Web General License 76A 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Publication of a web general 

license. 

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 76A, which 

was previously made available on 

OFAC’s website. 

DATES: GL 76A was issued on November 

8, 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 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 8, 2023, OFAC issued 

GL 76A to clarify that GL 76, which was 

issued on November 2, 2023, applies to 

Public Joint Stock Company Saint 

Petersburg Exchange. Like GL 76, GL 

76A has an expiration date of January 

31, 2024. GL 76A was made available on 

OFAC’s website (https://

ofac.treasury.gov) when it was issued. 

The text of this GL is provided below. 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Russian Harmful Foreign Activities 

Sanctions Regulations 

31 CFR Part 587 

GENERAL LICENSE NO. 76A 

Authorizing the Wind Down of 

Transactions Involving Certain Entities 

Blocked on November 2, 2023 

(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 

(collectively, the ‘‘Blocked Entities’’) are 

authorized through 12:01 a.m. eastern 

standard time, January 31, 2024, 

provided that any payment to a Blocked 

Entity is made into a blocked account in 

accordance with the Russian Harmful 

Foreign Activities Sanctions 

Regulations, 31 CFR part 587 (RuHSR): 

(1) Sistema Public Joint Stock 

Financial Corporation; 

(2) Public Joint Stock Company Saint 

Petersburg Exchange; 

(3) Limited Liability Company Arctic 

LNG 2; or 

(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 RuHSR, including 

transactions involving any person 

blocked pursuant to the RuHSR other 

than the Blocked Entities described in 

paragraph (a) of this general license, 

unless separately authorized. 

(c) Effective November 8, 2023, 

General License No. 76, dated 

November 2, 2023, is replaced and 

superseded in its entirety by this 

General License No. 76A. 

Bradley T. Smith, 

Director, Office of Foreign Assets Control. 

Dated: November 8, 2023. 

Lisa M. Palluconi, 

Acting Director, Office of Foreign Assets 

Control. 

[FR Doc. 2024–22936 Filed 10–3–24; 8:45 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 165 

[Docket No. USCG–2024–0810] 

Safety Zone; Monte Foundation 

Fireworks, Monterey Bay, Capitola, CA 

AGENCY: Coast Guard, DHS. 

ACTION: Notification of enforcement of 

regulation. 

SUMMARY: The Coast Guard will enforce 

the safety zone for the Monte 

Foundation Fireworks display in the 

Captain of the Port, San Francisco area 

of responsibility during the dates and 

times noted below. This action is 

necessary to protect life and property of 

the maritime public from the hazards 

associated with the fireworks display. 

During the enforcement period, 

unauthorized persons or vessels are 

prohibited from entering into, transiting 

through, or anchoring in the safety zone, 

unless authorized by the Patrol 

Commander (PATCOM) or other 

Federal, State, or local law enforcement 

agencies assisting the Coast Guard in 

enforcing the regulated area. 

DATES: The regulations in 33 CFR 

165.1191, will be enforced for the 

location in Table 1 to § 165.1191, Item 

number 22, from 7:30 p.m. through 9 

p.m. on October 13, 2024. 

FOR FURTHER INFORMATION CONTACT: If 

you have questions about this 

notification of enforcement, call or 

email Lieutenant William Harris, U.S. 

Coast Guard Sector San Francisco, 

Waterways Management Division; 

telephone (415) 399–7443, email 

SFWaterways@uscg.mil. 

SUPPLEMENTARY INFORMATION: The Coast 

Guard will enforce the safety zone 

established in 33 CFR 165.1191 Table 1, 

Item number 22, for the Monte 

Foundation Fireworks display from 7:30 

p.m. through 9 p.m. on October 13, 

2024. 

The safety zone will extend to all 

navigable waters of the Monterey Bay, 

from surface to bottom, within a circle 

formed by connecting all points 1,000 

feet out from the fireworks launch site 

on the Capitola Pier, in Capitola, CA 

centered on position 36°58′8.4′′ N, 


khammond on DSKJM1Z7X2PROD with RULES