Federal Register / Vol. 89, No. 244 / Thursday, December 19, 2024 / Rules and Regulations 103641 

2 Commerce may issue a preliminary determination, either concurrently with the initiation or not. 19 CFR 351.227(e)(1). If Commerce issues a 

Preliminary Determination concurrently with Initiation, 19 CFR 351.227(d)(1)–(3) will not apply, pursuant to 19 CFR 351.227(d)(4). In such cases, 

Commerce will establish appropriate procedures on a case-specific basis. 19 CFR 351.227(d)(4). 3X represents the date a questionnaire is received by Commerce. 

4Z represents the date of the Preliminary Determination. 

5 If a Preliminary Determination is not issued concurrently with Initiation, Commerce will establish a schedule for the filing of comments and rebuttal comments to the Preliminary Determination. 19 CFR 351.227(d)(3). 

[FR Doc. 2024–30257 Filed 12–18–24; 8:45 am] 

BILLING CODE 3510–DS–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

31 CFR Parts 510, 515, 526, 536, 544, 

547, 548, 549, 550, 551, 552, 553, 555, 

558, 569, 570, 576, 578, 579, 582, 583, 

584, 585, 587, 588, 589, 590, 591, 594, 

597, 598, and 599 

Updating Authorizations for Payments 

for Legal Services 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Final rule. 

SUMMARY: The Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is adopting a final rule 

amending multiple CFR parts to update 

general licenses authorizing payments 

for legal services from funds originating 

outside the United States. Specifically, 

OFAC is replacing the reporting 

requirement in the general license with 

a recordkeeping requirement in 

applicable parts of 31 CFR chapter V. 

Additionally, in two CFR parts, OFAC is 

updating the general licenses 

authorizing the provision of certain 

legal services and adding a general 

license authorizing payment for legal 

services from funds originating outside 

the United States. 

DATES: 

Effective date: This rule is effective 

December 19, 2024. 

Applicability date: This rule is 

applicable on March 12, 2025. 

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 

Updating Existing General Licenses 

Authoring Payments for Legal Services 

From Funds Originating Outside the 

United States 

In this rule, OFAC is updating 31 CFR 

510, 515, 526, 536, 544, 547, 548, 549, 

550, 551, 552, 553, 555, 558, 569, 570, 

576, 578, 579, 582, 583, 584, 585, 587, 

588, 589, 590, 591, 594, 597, 598, and 

599 to update or add general licenses 

authorizing payments for legal services 

from funds originating outside the 

United States. Specifically, OFAC is 

replacing the requirement in the general 

license to submit annual reports for 

payments received with a requirement 

to retain for ten years records with 

details of payments received. 

In 31 CFR 591, in addition to 

replacing the reporting requirement 

with a recordkeeping requirement as 

described above, OFAC is revising the 

general license by simplifying the 

language that authorizes payments. 

In 31 CFR 594 and 597, in addition to 

replacing the reporting requirement 

with a recordkeeping requirement as 

described above, OFAC is updating 

§ 594.517 and § 597.513 to conform with 

current standards for OFAC general 

licenses including by removing the 

requirement for a letter of engagement 

prior to receiving payment from funds 

originating outside the United States. 

In 31 CFR 549, OFAC is updating the 

general license at § 549.507 authorizing 

the provision of certain legal services to 

conform with current standards for 

OFAC general licenses including by 

removing the requirement that payment 

for legal services be specifically 

licensed. Additionally, OFAC is 

renumbering the general licenses at 

§ 549.508 through 549.512 as § 549.509 

through 549.513, respectively, and 

adding new § 549.508, which authorizes 

payment for legal services from funds 

originating outside the United States. 

In 31 CFR 576, OFAC is updating the 

general license at § 576.507 authorizing 

the provision of certain legal services to 

conform with current standards for 

OFAC general licenses including by 

removing the requirement that payment 

for legal services be specifically 

licensed. Additionally, OFAC is adding 

new § 576.508, which authorizes 

payment for legal services from funds 

originating outside the United States. 

Public Participation 

Because the Regulations involve a 

foreign affairs function, the provisions 

of E.O. 12866 of September 30, 1993, 

‘‘Regulatory Planning and Review’’ (58 

FR 51735, October 4, 1993), as 

amended, and the Administrative 

Procedure Act (5 U.S.C. 553) requiring 

notice of proposed rulemaking, 

opportunity for public participation, 

and delay in effective date are 

inapplicable. Because no notice of 

proposed rulemaking is required for this 

rule, the Regulatory Flexibility Act (5 

U.S.C. 601–612) does not apply. 

Paperwork Reduction Act 

The collections of information related 

to the Regulations are contained in 31 

CFR part 501 (the ‘‘Reporting, 

Procedures and Penalties Regulations’’). 

Pursuant to the Paperwork Reduction 

Act of 1995 (44 U.S.C. 3507), those 

collections of information have been 

approved by the Office of Management 

and Budget under control number 1505– 

0164. An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless the collection of information 

displays a valid control number. 

List of Subjects in 31 CFR Parts 510, 

515, 526, 536, 544, 547, 548, 549, 550, 

551, 552, 553, 555, 558, 569, 570, 576, 

578, 579, 582, 583, 584, 585, 587, 588, 

589, 590, 591, 594, 597, 598, and 599 

Administrative practice and 

procedure, Banks, banking, Blocking of 

assets, Credit, Foreign trade, Legal 

services, Penalties, Reporting and 

recordkeeping requirements, Sanctions, 

Securities, Services. 

For the reasons set forth in the 

preamble, OFAC amends 31 CFR 

chapter V to read as follows: 

PART 510—NORTH KOREA 

SANCTIONS REGULATIONS 

■ 1. The authority citation for part 510 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; 22 U.S.C. 

287c, 9201–9255; Pub. L. 101–410, 104 Stat. 

890, as amended (28 U.S.C. 2461 note); Pub. 

L. 115–44, 131 Stat. 886 (codified in scattered 

sections of 22 U.S.C.); E.O. 13466, 73 FR 

36787, 3 CFR, 2008 Comp., p. 195; E.O. 

13551, 75 FR 53837, 3 CFR, 2010 Comp., p. 

242; E.O. 13570, 76 FR 22291, 3 CFR, 2011 

Comp., p. 233; E.O. 13687, 80 FR 819, 3 CFR, 


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2015 Comp., p. 259; E.O. 13722, 81 FR 14943, 

3 CFR, 2016 Comp., p. 446; E.O. 13810, 82 

FR 44705, 3 CFR, 2017 Comp., p. 379. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 2. In § 510.508, revise and republish 

paragraph (b) to read as follows: 

§ 510.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 515—CUBAN ASSETS 

CONTROL REGULATIONS 

■ 3. The authority citation for part 515 

continues to read as follows: 

Authority: 22 U.S.C. 2370(a), 6001–6010, 

7201–7211; 31 U.S.C. 321(b); 50 U.S.C. 4301– 

4341; Pub. L. 101–410, 104 Stat. 890 (28 

U.S.C. 2461 note); 22 U.S.C. 6021–6091; Pub. 

L. 105–277, 112 Stat. 2681; Pub. L. 111–8, 

123 Stat. 524; Pub. L. 111–117, 123 Stat. 

3034; E.O. 9989, 13 FR 4891, 3 CFR, 1943– 

1948 Comp., p. 748; Proc. 3447, 27 FR 1085, 

3 CFR, 1959–1963 Comp., p. 157; E.O. 12854, 

58 FR 36587, 3 CFR, 1993 Comp., p. 614. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 4. In § 515.512, revise and republish 

paragraph (e)(2) to read as follows: 

§ 515.512 Provision of certain legal 

services authorized. 

* * * * * 

(e) * * * 

(2) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

persons subject to U.S. jurisdiction who 

receive payments in connection with 

legal services authorized pursuant to 

paragraph (a) of this section must retain 

for ten years from the date of the 

relevant payment, and furnish to OFAC 

on demand, a record that specifies the 

following for each payment: 

(i) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(ii) If applicable: 

(A) The names of any persons subject 

to U.S. jurisdiction receiving payment 

in connection with authorized legal 

services to or on behalf of Cuba or a 

Cuban national, such as private 

investigators or expert witnesses; 

(B) A general description of the 

services provided; and 

(C) The amount of funds paid in 

connection with such services. 

PART 526—HOSTAGES AND 

WRONGFUL DETENTION SANCTIONS 

REGULATIONS 

■ 5. The authority citation for part 526 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 22 U.S.C. 1741 et 

seq.; 31 U.S.C. 321(b); 50 U.S.C. 1601 et seq., 

1701 et seq.; Pub. L. 101–410, 104 Stat. 890, 

as amended (28 U.S.C. 2461 note); E.O. 

14078, 87 FR 43389, 3 CFR, 2022 Comp., p. 

407. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 6. In § 526.508, revise and republish 

paragraph (b) to read as follows: 

§ 526.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 536—NARCOTICS TRAFFICKING 

SANCTIONS REGULATIONS 

■ 7. The authority citation for part 536 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); E.O. 12978, 60 FR 54579, 

3 CFR, 1995 Comp., p. 415; E.O. 13286, 68 

FR 10619, 3 CFR, 2003 Comp., p. 166. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 8. In § 536.507, revise and republish 

paragraph (b) to read as follows: 

§ 536.507 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 544—WEAPONS OF MASS 

DESTRUCTION PROLIFERATORS 

SANCTIONS REGULATIONS 

■ 9. The authority citation for part 544 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); E.O. 12938, 59 FR 59099, 

3 CFR, 1994 Comp., p. 950; E.O. 13094, 63 

FR 40803, 3 CFR, 1998 Comp., p. 200; E.O. 

13382, 70 FR 38567, 3 CFR, 2005 Comp., p. 

170. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 10. In § 544.508, revise and republish 

paragraph (b) to read as follows: 

§ 544.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 


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(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 547—DEMOCRATIC REPUBLIC 

OF THE CONGO SANCTIONS 

REGULATIONS 

■ 11. The authority citation for part 547 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; 22 U.S.C. 

287c; Pub. L. 101–410, 104 Stat. 890, as 

amended (28 U.S.C. 2461 note); E.O. 13413, 

71 FR 64105, 3 CFR, 2006 Comp., p. 247; E.O. 

13671, 79 FR 39949, 3 CFR, 2015 Comp., p. 

280. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 12. In § 547.508, revise and republish 

paragraph (b) to read as follows: 

§ 547.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 548—BELARUS SANCTIONS 

REGULATIONS 

■ 13. The authority citation for part 548 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); E.O. 13405, 71 FR 35485, 

3 CFR, 2006 Comp., p. 231; E.O. 14038, 86 

FR 43905, 3 CFR, 2021 Comp., p. 626. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 14. In § 548.508, revise and republish 

paragraph (b) to read as follows: 

§ 548.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 549—LEBANON SANCTIONS 

REGULATIONS 

■ 15. The authority citation for part 549 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); E.O. 13441, 72 FR 43499, 

3 CFR, 2008 Comp., p. 232. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 16. Revise § 549.507 to read as 

follows: 

§ 549.507 Provision of certain legal 

services. 

(a) The provision of the following 

legal services to or on behalf of persons 

whose property and interests in 

property are blocked pursuant to 

§ 549.201 is authorized, provided that 

any receipt of payment of professional 

fees and reimbursement of incurred 

expenses must be authorized pursuant 

to § 549.508, which authorizes certain 

payments for legal services from funds 

originating outside the United States; 

via specific license; or otherwise 

pursuant to this part: 

(1) Provision of legal advice and 

counseling on the requirements of and 

compliance with the laws of the United 

States or any jurisdiction within the 

United States, provided that such advice 

and counseling are not provided to 

facilitate transactions in violation of this 

part; 

(2) Representation of persons named 

as defendants in or otherwise made 

parties to legal, arbitration, or 

administrative proceedings before any 

U.S. federal, state, or local court or 

agency; 

(3) Initiation and conduct of legal, 

arbitration, or administrative 

proceedings before any U.S. federal, 

state, or local court or agency; 

(4) Representation of persons before 

any U.S. federal, state, or local court or 

agency with respect to the imposition, 

administration, or enforcement of U.S. 

sanctions against such persons; and 

(5) Provision of legal services in any 

other context in which prevailing U.S. 

law requires access to legal counsel at 

public expense. 

(b) The provision of any other legal 

services to or on behalf of persons 

whose property and interests in 

property are blocked pursuant to 

§ 549.201, not otherwise authorized in 

this part, requires the issuance of a 

specific license. 

(c) U.S. persons do not need to obtain 

specific authorization to provide related 

services, such as making filings and 

providing other administrative services, 

that are ordinarily incident to the 

provision of services authorized by 

paragraph (a) of this section. 

Additionally, U.S. persons who provide 

services authorized by paragraph (a) of 

this section do not need to obtain 

specific authorization to contract for 

related services that are ordinarily 

incident to the provision of those legal 

services, such as those provided by 

private investigators or expert 

witnesses, or to pay for such services. 

See § 549.404. 

(d) Entry into a settlement agreement 

or the enforcement of any lien, 

judgment, arbitral award, decree, or 

other order through execution, 

garnishment, or other judicial process 

purporting to transfer or otherwise alter 

or affect property or interests in 

property blocked pursuant to § 549.201 

is prohibited unless licensed pursuant 

to this part. 

Note 1 to § 549.507. Pursuant to part 501, 

subpart E, of this chapter, U.S. persons 

seeking administrative reconsideration or 

judicial review of their designation or the 

blocking of their property and interests in 

property may apply for a specific license 

from OFAC to authorize the release of certain 

blocked funds for the payment of 

professional fees and reimbursement of 

incurred expenses for the provision of such 


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legal services where alternative funding 

sources are not available. 

§§ 549.508 through 549.512 

[Redesignated] 

■ 17. Redesignate §§ 549.508 through 

549.512 as §§ 549.509 through 549.513. 

■ 18. Add new § 549.508 to read as 

follows: 

§ 549.508 Payments for legal services from 

funds originating outside the United States. 

(a) Professional fees and incurred 

expenses. (1) Receipt of payment of 

professional fees and reimbursement of 

incurred expenses for the provision of 

legal services authorized pursuant to 

§ 549.507(a) to or on behalf of any 

person whose property and interests in 

property are blocked pursuant to 

§ 549.201 is authorized from funds 

originating outside the United States, 

provided that the funds do not originate 

from: 

(i) A source within the United States; 

(ii) Any source, wherever located, 

within the possession or control of a 

U.S. person; or 

(iii) Any individual or entity, other 

than the person on whose behalf the 

legal services authorized pursuant to 

§ 549.507(a) are to be provided, whose 

property and interests in property are 

blocked pursuant to any part of this 

chapter or any Executive order or 

statute. 

(2) Nothing in this paragraph (a) 

authorizes payments for legal services 

using funds in which any other person 

whose property and interests in 

property are blocked pursuant to 

§ 549.201, any other part of this chapter, 

or any Executive order or statute has an 

interest. 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 550—ETHIOPIA SANCTIONS 

REGULATIONS 

■ 19. The authority citation for part 550 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); E.O. 14046, 86 FR 52389, 

3 CFR, 2022 Comp., p. 549. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 20. In § 550.507, revise and republish 

paragraph (b) to read as follows: 

§ 550.507 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 551—SOMALIA SANCTIONS 

REGULATIONS 

■ 21. The authority citation for part 551 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; 22 U.S.C. 

287c; Pub. L. 101–410, 104 Stat. 890, as 

amended (28 U.S.C. 2461 note); E.O. 13536, 

75 FR 19869, 3 CFR, 2010 Comp., p. 203; E.O. 

13620, 77 FR 43483, 3 CFR, 2012 Comp., p. 

281. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 22. In § 551.508, revise and republish 

paragraph (b) to read as follows: 

§ 551.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 552—YEMEN SANCTIONS 

REGULATIONS 

■ 23. The authority citation for part 552 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); E.O. 13611, 77 FR 29533, 

3 CFR, 2012 Comp., p. 260. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 24. In § 552.508, revise and republish 

paragraph (b) to read as follows: 

§ 552.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 553—CENTRAL AFRICAN 

REPUBLIC SANCTIONS 

REGULATIONS 

■ 25. The authority citation for part 553 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; 22 U.S.C. 


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287c; Pub. L. 101–410, 104 Stat. 890, as 

amended (28 U.S.C. 2461 note); E.O. 13667, 

79 FR 28387, 3 CFR, 2014 Comp., p. 243. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 26. In § 553.508, revise and republish 

paragraph (b) to read as follows: 

§ 553.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 555—MALI SANCTIONS 

REGULATIONS 

■ 27. The authority citation for part 555 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 22 U.S.C. 287c; 

31 U.S.C. 321(b); 50 U.S.C. 1601 et seq., 1701 

et seq.; Pub. L. 101–410, 104 Stat. 890, as 

amended (28 U.S.C. 2461 note); E.O. 13882, 

84 FR 37055, 3 CFR, 2019 Comp., p. 346. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 28. In § 555.508, revise and republish 

paragraph (b) to read as follows: 

§ 555.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 558—SOUTH SUDAN 

SANCTIONS REGULATIONS 

■ 29. The authority citation for part 558 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); E.O. 13664, 79 FR 19283, 

3 CFR, 2014 Comp., p. 238. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 30. In § 558.508 revise and republish 

paragraph (b) to read as follows: 

§ 558.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 569—SYRIA-RELATED 

SANCTIONS REGULATIONS 

■ 31. The authority citation for part 569 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); E.O. 13894, 84 FR 55851, 

3 CFR, 2019 Comp., p. 382. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 32. In § 569.507, revise and republish 

paragraph (b) to read as follows: 

§ 569.507 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 570—LIBYAN SANCTIONS 

REGULATIONS 

■ 33. The authority citation for part 570 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; 22 U.S.C. 

287c; Pub. L. 101–410, 104 Stat. 890, as 

amended (28 U.S.C. 2461 note); E.O. 13566, 

76 FR 11315, 3 CFR, 2011 Comp., p. 222; E.O. 

13726, 81 FR 23559, 3 CFR, 2016 Comp., p. 

454. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 34. In § 570.508, revise and republish 

paragraph (b) to read as follows: 

§ 570.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 


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(iii) The amount of funds paid in 

connection with such services. 

PART 576—IRAQ STABILIZATION AND 

INSURGENCY SANCTIONS 

REGULATIONS 

■ 35. The authority citation for part 576 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 22 U.S.C. 287c; 

31 U.S.C. 321(b); 50 U.S.C. 1601 et seq., 1701 

et seq.; Pub. L. 101–410, 104 Stat. 890, as 

amended (28 U.S.C. 2461 note); E.O. 13303, 

68 FR 31931, 3 CFR, 2003 Comp., p. 227; E.O. 

13315, 68 FR 52315, 3 CFR, 2003 Comp., p. 

252; E.O. 13350, 69 FR 46055, 3 CFR, 2004 

Comp., p. 196; E.O. 13364, 69 FR 70177, 3 

CFR, 2004 Comp., p. 236; E.O. 13438, 72 FR 

39719, 3 CFR, 2007 Comp., p. 224; E.O. 

13668, 79 FR 31019, 3 CFR, 2014 Comp., p. 

248. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 39. Revise and republish § 576.507 to 

read as follows: 

§ 576.507 Provision of certain legal 

services. 

(a) The provision of the following 

legal services to or on behalf of persons 

whose property and interests in 

property are blocked pursuant to 

§ 576.201 is authorized, provided that 

any receipt of payment of professional 

fees and reimbursement of incurred 

expenses must be authorized pursuant 

to § 576.508, which authorizes certain 

payments for legal services from funds 

originating outside the United States; 

via specific license; or otherwise 

pursuant to this part: 

(1) Provision of legal advice and 

counseling on the requirements of and 

compliance with the laws of the United 

States or any jurisdiction within the 

United States, provided that such advice 

and counseling are not provided to 

facilitate transactions in violation of this 

part; 

(2) Representation of persons named 

as defendants in or otherwise made 

parties to legal, arbitration, or 

administrative proceedings before any 

U.S. federal, state, or local court or 

agency; 

(3) Initiation and conduct of legal, 

arbitration, or administrative 

proceedings before any U.S. federal, 

state, or local court or agency; 

(4) Representation of persons before 

any U.S. federal, state, or local court or 

agency with respect to the imposition, 

administration, or enforcement of U.S. 

sanctions against such persons; and 

(5) Provision of legal services in any 

other context in which prevailing U.S. 

law requires access to legal counsel at 

public expense. 

(b) The provision of any other legal 

services to or on behalf of persons 

whose property and interests in 

property are blocked pursuant to 

§ 576.201, not otherwise authorized in 

this part, requires the issuance of a 

specific license. 

(c) U.S. persons do not need to obtain 

specific authorization to provide related 

services, such as making filings and 

providing other administrative services, 

that are ordinarily incident to the 

provision of services authorized by 

paragraph (a) of this section. 

Additionally, U.S. persons who provide 

services authorized by paragraph (a) of 

this section do not need to obtain 

specific authorization to contract for 

related services that are ordinarily 

incident to the provision of those legal 

services, such as those provided by 

private investigators or expert 

witnesses, or to pay for such services. 

See § 576.405. 

(d) Entry into a settlement agreement 

or the enforcement of any lien, 

judgment, arbitral award, decree, or 

other order through execution, 

garnishment, or other judicial process 

purporting to transfer or otherwise alter 

or affect property or interests in 

property blocked pursuant to § 576.201 

is prohibited unless licensed pursuant 

to this part. 

Note 1 to § 576.507. Pursuant to part 501, 

subpart E, of this chapter, U.S. persons 

seeking administrative reconsideration or 

judicial review of their designation or the 

blocking of their property and interests in 

property may apply for a specific license 

from OFAC to authorize the release of certain 

blocked funds for the payment of 

professional fees and reimbursement of 

incurred expenses for the provision of such 

legal services where alternative funding 

sources are not available. 

■ 36. Add § 576.508 to read as follows: 

§ 576.508 Payments for legal services from 

funds originating outside the United States. 

(a) Professional fees and incurred 

expenses. (1) Receipt of payment of 

professional fees and reimbursement of 

incurred expenses for the provision of 

legal services authorized pursuant to 

§ 576.507(a) to or on behalf of any 

person whose property and interests in 

property are blocked pursuant to 

§ 576.201, is authorized from funds 

originating outside the United States, 

provided that the funds do not originate 

from: 

(i) A source within the United States; 

(ii) Any source, wherever located, 

within the possession or control of a 

U.S. person; or 

(iii) Any individual or entity, other 

than the person on whose behalf the 

legal services authorized pursuant to 

§ 576.507(a) are to be provided, whose 

property and interests in property are 

blocked pursuant to any part of this 

chapter or any Executive order or 

statute. 

(2) Nothing in this paragraph (a) 

authorizes payments for legal services 

using funds in which any other person 

whose property and interests in 

property are blocked pursuant to 

§ 576.201, any other part of this chapter, 

or any Executive order or statute has an 

interest. 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 578—CYBER-RELATED 

SANCTIONS REGULATIONS 

■ 37. The authority citation for part 578 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); Pub. L. 115–44, 131 Stat. 

886 (codified in scattered sections of 22 

U.S.C.); E.O. 13694, 80 FR 18077, 3 CFR 2015 

Comp., p. 297; E.O. 13757, 82 FR 1, 3 CFR 

2016 Comp., p. 659. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 38. In § 578.508, revise and republish 

paragraph (b) to read as follows: 

§ 578.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 


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(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 579—FOREIGN INTERFERENCE 

IN U.S. ELECTIONS SANCTIONS 

REGULATIONS 

■ 39. The authority citation for part 579 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); E.O. 13848, 83 FR 46843, 

3 CFR, 2018 Comp., p. 869. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 40. In § 579.507, revise and republish 

paragraph (b) to read as follows: 

§ 579.507 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 582—NICARAGUA SANCTIONS 

REGULATIONS 

■ 41. The authority citation for part 582 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); Pub. L. 115–335, 132 Stat. 

5019 (50 U.S.C. 1701 note); E.O. 13851, 83 FR 

61505, 3 CFR, 2018 Comp., p. 884. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 42. In § 582.507, revise and republish 

paragraph (b) to read as follows: 

§ 582.507 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 583—GLOBAL MAGNITSKY 

SANCTIONS REGULATIONS 

■ 43. The authority citation for part 583 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 22 U.S.C. 10101– 

10103; 31 U.S.C. 321(b); 50 U.S.C. 1601 et 

seq., 1701 et seq.; Pub. L. 101–410, 104 Stat. 

890, as amended (28 U.S.C. 2461 note); Pub. 

L. 116–145, 134 Stat. 651, as amended (22 

U.S.C. 6901 note); Pub. L. 117–78, 135 Stat. 

1531 (22 U.S.C. 6901 note); E.O. 13818, 82 FR 

60839, 3 CFR, 2017 Comp. p. 399. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

§ 583.508 [AMENDED] 

■ 44. In § 583.508, revise and republish 

paragraph (b) to read as follows: 

§ 583.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 584—MAGNITSKY ACT 

SANCTIONS REGULATIONS 

■ 45. The authority citation for part 584 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); Pub. L. 112–208, Title IV, 

126 Stat. 1502 (22 U.S.C. 5811 note). 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 46. In § 584.508, revise and republish 

paragraph (b) to read as follows: 

§ 584.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 585—HONG KONG-RELATED 

SANCTIONS REGULATIONS 

■ 47. The authority citation for part 585 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890 (28 U.S.C. 2461 note); 

E.O. 13936, 85 FR 43413, 3 CFR, 2020 Comp., 

p. 399. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 48. In § 585.507, revise and republish 

paragraph (b) to read as follows: 


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§ 585.507 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 587—RUSSIAN HARMFUL 

FOREIGN ACTIVITIES SANCTIONS 

REGULATIONS 

■ 49. The authority citation for part 587 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); E.O. 14024, 86 FR 20249, 

3 CFR, 2021 Comp., p. 542. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 50. In § 587.507, revise and republish 

paragraph (b) to read as follows: 

§ 587.507 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 588—WESTERN BALKANS 

STABILIZATION REGULATIONS 

■ 51. The authority citation for part 588 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; 22 U.S.C. 

287c; Pub. L. 101–410, 104 Stat. 890, as 

amended (28 U.S.C. 2461 note); E.O. 13219, 

66 FR 34777, 3 CFR, 2001 Comp., p. 778; E.O. 

13304, 68 FR 32315, 3 CFR, 2004 Comp., p. 

229; E.O. 14033, 86 FR 43905, 3 CFR, 2022 

Comp., p. 591. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 52. In § 588.508, revise and republish 

paragraph (b) to read as follows: 

§ 588.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 589—UKRAINE-/RUSSIARELATED SANCTIONS REGULATIONS 

■ 53. The authority citation for part 589 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 22 U.S.C. 8901– 

8910, 8921–8930; 31 U.S.C. 321(b); 50 U.S.C. 

1601 et seq., 1701 et seq.; Pub. L. 101–410, 

104 Stat. 890, as amended (28 U.S.C. 2461 

note); Pub. L. 115–44, 131 Stat. 886 (codified 

in scattered sections of 22 U.S.C.); E.O. 

13660, 79 FR 13493, 3 CFR, 2014 Comp., p. 

226; E.O. 13661, 79 FR 15535, 3 CFR, 2014 

Comp., p. 229; E.O. 13662, 79 FR 16169, 3 

CFR, 2014 Comp., p. 233; E.O. 13685, 79 FR 

77357, 3 CFR, 2014 Comp., p. 313. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 54. In § 589.507, revise and republish 

paragraph (b) to read as follows: 

§ 589.507 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 590—TRANSNATIONAL 

CRIMINAL ORGANIZATIONS 

SANCTIONS REGULATIONS 

■ 55. The authority citation for part 590 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); E.O. 13581, 76 FR 44757, 

3 CFR, 2011 Comp., p. 260; E.O. 13863, 84 

FR 10255, 3 CFR, 2019 Comp., p. 267. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 56. In § 590.508, revise and republish 

paragraph (b) to read as follows: 

§ 590.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 


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(iii) The amount of funds paid in 

connection with such services. 

PART 591—VENEZUELA SANCTIONS 

REGULATIONS 

■ 57. The authority citation for part 591 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 

50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 

101–410, 104 Stat. 890, as amended (28 

U.S.C. 2461 note); Pub. L. 113–278, 128 Stat. 

3011 (50 U.S.C. 1701 note); E.O. 13692, 80 FR 

12747, 3 CFR, 2015 Comp., p. 276; E.O. 

13808, 82 FR 41155, 3 CFR, 2017 Comp., p. 

377; E.O. 13827, 83 FR 12469, 3 CFR, 2018 

Comp., p. 794; E.O. 13835, 83 FR 24001, 3 

CFR, 2018 Comp., p. 817; E.O. 13850, 83 FR 

55243, 3 CFR, 2018 Comp., p. 881; E.O. 

13857, 84 FR 509, 3 CFR, 2019 Comp., p 251; 

E.O. 13884, 84 FR 38843, 3 CFR, 2019 Comp., 

p. 351. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 58. Revise and republish § 591.507 to 

read as follows: 

§ 591.507 Payments for legal services from 

funds originating outside the United States. 

(a) Professional fees and incurred 

expenses. (1) Receipt of payment of 

professional fees and reimbursement of 

incurred expenses for the provision of 

legal services authorized pursuant to 

§ 591.506(a) to or on behalf of any 

person whose property and interests in 

property are blocked pursuant to 

§ 591.201, is authorized from funds 

originating outside the United States, 

provided that the funds do not originate 

from: 

(i) A source within the United States; 

(ii) Any source, wherever located, 

within the possession or control of a 

U.S. person; or 

(iii) Any individual or entity, other 

than the person on whose behalf the 

legal services authorized pursuant to 

§ 591.507(a) are to be provided, whose 

property and interests in property are 

blocked pursuant to any part of this 

chapter or any Executive order or 

statute. 

(2) Nothing in this paragraph (a) 

authorizes payments for legal services 

using funds in which any other person 

whose property and interests in 

property are blocked pursuant to 

§ 591.201, any other part of this chapter, 

or any Executive order or statute has 

interest. 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 594—GLOBAL TERRORISM 

SANCTIONS REGULATIONS 

■ 59. The authority citation for part 594 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 22 U.S.C. 287c; 

31 U.S.C. 321(b); 50 U.S.C. 1601 et seq., 1701 

et seq.; Pub. L. 101–410, 104 Stat. 890, as 

amended (28 U.S.C. 2461 note); Pub. L. 114– 

102, 129 Stat. 2205, as amended (50 U.S.C. 

1701 note); Pub. L. 115–44, 131 Stat 886 

(codified in scattered sections of 22 U.S.C.); 

Pub. L. 115–348, 132 Stat. 5055 (50 U.S.C. 

1701 note); E.O. 13224, 66 FR 49079, 3 CFR, 

2001 Comp., p. 786; E.O. 13268, 67 FR 44751, 

3 CFR 2002 Comp., p. 240; E.O. 13284, 68 FR 

4075, 3 CFR, 2003 Comp., p. 161; E.O. 13372, 

70 FR 8499, 3 CFR, 2006 Comp., p. 159; E.O. 

13886, 84 FR 48041, 3 CFR, 2019 Comp., p. 

356. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 60. Revise and republish § 594.517 to 

read as follows: 

§ 594.517 Payments for legal services from 

funds originating outside the United States 

and the formation of legal defense funds. 

(a) Payments from funds originating 

outside the United States. (1) Effective 

December 7, 2010, receipt of payment of 

professional fees and reimbursement of 

incurred expenses for the provision of 

legal services authorized pursuant to 

§ 594.506(a) to or on behalf of any 

person whose property and interests in 

property are blocked pursuant to 

§ 594.201 are authorized from funds 

originating outside the United States, 

provided that the funds do not originate 

from: 

(i) A source within the United States; 

(ii) Any source, wherever located, 

within the possession or control of a 

U.S. person; or 

(iii) Any individual or entity, other 

than the person on whose behalf the 

legal services authorized pursuant to 

§ 594.506(a) are to be provided, whose 

property and interests in property are 

blocked pursuant to any part of this 

chapter or any Executive order or 

statute. 

(2) Nothing in this paragraph (a) 

authorizes payments for legal services 

using funds in which any other person 

whose property and interests in 

property are blocked pursuant to 

§ 594.201, any other part of this chapter, 

or any Executive order or statute has an 

interest or the receipt or payment of 

professional fees or reimbursement of 

incurred expenses for the provision of 

legal services authorized pursuant to 

§ 594.506(b). 

(b) Legal defense funds. Effective 

December 7, 2010, U.S. persons that are 

attorneys, law firms, or legal services 

organizations are authorized to form 

legal defense funds from which 

payments of professional fees and 

reimbursement for expenses incurred in 

connection with the provision of legal 

services authorized pursuant to 

§ 594.506(a) may be debited provided 

that: 

(1) The legal defense fund must be 

held in a savings or checking account at 

a financial institution located in the 

United States; 

(2) Prior to debiting the legal defense 

fund, the U.S. person responsible for 

establishing the legal defense fund must 

submit the following information to 

OFAC: a copy of a letter of engagement 

or a letter of intent to engage, specifying 

the services to be performed and signed 

by the individual to whom such services 

are to be provided, or, where services 

are to be provided to an entity, by a 

legal representative of the entity; the 

name of the individual or entity 

responsible for establishing the legal 

defense fund; the name of the financial 

institution at which the account for the 

legal defense fund will be held; a point 

of contact at the financial institution 

holding the account for the legal defense 

fund; and the account name and 

account number for the legal defense 

fund. The foregoing information must be 

accompanied by correspondence 

referencing this paragraph (b) and is to 

be submitted to OFAC at OFACReport@

treasury.gov with this section number in 

the subject line. 

(3) The legal defense fund may not 

receive funds from a person whose 

property and interests in property are 

blocked pursuant to § 594.201 or any 

other part of this chapter or any 

Executive order or statute; and 

(4) The U.S. person responsible for 

establishing the legal defense fund must 

notify the financial institution at which 

the account for the legal defense fund is 

held that the account may only be 

debited to make payments of 

professional fees and reimburse 

expenses incurred in connection with 

the provision of legal services 

authorized pursuant to § 594.506(a). 


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(5) Nothing in this paragraph (b) 

authorizes the formation or debiting of 

legal defense funds in connection with 

the provision of legal services 

authorized pursuant to § 594.506(b). 

Note 1 to paragraph (b). Any funds 

remaining in a legal defense fund account 

after all payments of professional fees and 

reimbursement of incurred expenses 

authorized pursuant to this paragraph have 

been made or upon termination of the legal 

services for which payment is authorized 

pursuant to this paragraph are property in 

which the person to or on whose behalf the 

legal services were rendered has an interest 

and is subject to the prohibitions of this part. 

Persons in the possession or control of such 

remaining funds may apply for the 

unblocking of the funds by following the 

procedures set forth at § 501.801 of this 

chapter. 

(c) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) or (b) of this 

section must retain for ten years from 

the date of the relevant payment, and 

furnish to OFAC on demand, a record 

that specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 597—FOREIGN TERRORIST 

ORGANIZATIONS SANCTIONS 

REGULATIONS 

■ 61. The authority citation for part 597 

continues to read as follows: 

Authority: 8 U.S.C. 1189; 18 U.S.C. 2339B; 

31 U.S.C. 321(b); Pub. L. 101–410, 104 Stat. 

890, as amended (28 U.S.C. 2461 note). 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 62. Revise and republish § 597.513 to 

read as follows: 

§ 597.513 Payments for legal services from 

funds originating outside the United States 

and the formation of legal defense funds. 

(a) Payments from funds originating 

outside the United States. (1) Effective 

December 7, 2010, receipt of payment of 

professional fees and reimbursement of 

incurred expenses for the provision of 

legal services authorized pursuant to 

§ 597.505 to or on behalf of any person 

whose property and interests in 

property are blocked pursuant to 

§ 597.201 are authorized from funds 

originating outside the United States, 

provided that the funds do not originate 

from: 

(i) A source within the United States; 

(ii) Any source, wherever located, 

within the possession or control of a 

U.S. person; or 

(iii) Any individual or entity, other 

than the person on whose behalf the 

legal services authorized pursuant to 

§ 597.505 are to be provided, whose 

property and interests in property are 

blocked pursuant to any part of this 

chapter or any Executive order or 

statute. 

(2) Nothing in this paragraph (a) 

authorizes payments for legal services 

using funds in which any other person 

whose property and interests in 

property are blocked pursuant to 

§ 597.201, any other part of this chapter, 

or any Executive order or statute has an 

interest. 

(b) Legal defense funds. Effective 

December 7, 2010, U.S. persons that are 

attorneys, law firms, or legal services 

organizations are authorized to form 

legal defense funds from which 

payments of professional fees and 

reimbursement for expenses incurred in 

connection with the provision of legal 

services authorized pursuant to 

§ 597.505 may be debited provided that: 

(1) The legal defense fund must be 

held in a savings or checking account at 

a financial institution located in the 

United States; 

(2) Prior to debiting the legal defense 

fund, the U.S. person responsible for 

establishing the legal defense fund must 

submit the following information to 

OFAC: a copy of a letter of engagement 

or a letter of intent to engage, specifying 

the services to be performed and signed 

by the individual to whom such services 

are to be provided, or, where services 

are to be provided to an entity, by a 

legal representative of the entity; the 

name of the individual or entity 

responsible for establishing the legal 

defense fund; the name of the financial 

institution at which the account for the 

legal defense fund will be held; a point 

of contact at the financial institution 

holding the account for the legal defense 

fund; and the account name and 

account number for the legal defense 

fund. The foregoing information must be 

accompanied by correspondence 

referencing this paragraph (b) and is to 

be submitted to OFAC at OFACReport@

treasury.gov with this section number in 

the subject line. 

(3) The legal defense fund may not 

receive funds from a person whose 

property and interests in property are 

blocked pursuant to § 597.201 or any 

other part of this chapter or any 

Executive order or statute; and 

(4) The U.S. person responsible for 

establishing the legal defense fund must 

notify the financial institution at which 

the account for the legal defense fund is 

held that the account may only be 

debited to make payments of 

professional fees and reimburse 

expenses incurred in connection with 

the provision of legal services 

authorized pursuant to § 597.505. 

Note 1 to paragraph (b). Any funds 

remaining in a legal defense fund account 

after all payments of professional fees and 

reimbursement of incurred expenses 

authorized pursuant to this paragraph have 

been made or upon termination of the legal 

services for which payment is authorized 

pursuant to this paragraph are property in 

which the person to or on whose behalf the 

legal services were rendered has an interest 

and is subject to the prohibitions of this part. 

Persons in the possession or control of such 

remaining funds may apply for the 

unblocking of the funds by following the 

procedures set forth at § 501.801 of this 

chapter. 

(c) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) or (b) of this 

section must retain for ten years from 

the date of the relevant payment, and 

furnish to OFAC on demand, a record 

that specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 598—FOREIGN NARCOTICS 

KINGPIN SANCTIONS REGULATIONS 

■ 63. The authority citation for part 598 

continues to read as follows: 

Authority: 3 U.S.C. 301; 21 U.S.C. 1901– 

1908; 31 U.S.C. 321(b); Pub. L. 101–410, 104 

Stat. 890, as amended (28 U.S.C. 2461 note). 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 64. In § 598.508, revise and republish 

paragraph (b) to read as follows: 

§ 598.508 Payments for legal services from 

funds originating outside the United States. 

* * * * * 


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(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten five years from the 

date of the relevant payment, and 

furnish to OFAC on demand, a record 

that specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

PART 599—ILLICIT DRUG TRADE 

SANCTIONS REGULATIONS 

■ 65. The authority citation for part 599 

is revised to read as follows: 

Authority: 3 U.S.C. 301; 21 U.S.C. 2301 et 

seq.; 31 U.S.C. 321(b); 50 U.S.C. 1601 et seq., 

1701 et seq.; Pub. L. 101–410, 104 Stat. 890, 

as amended (28 U.S.C. 2461 note); E.O. 

14059, 86 FR 71549, 3 CFR, 2021 Comp., p. 

715. 

Subpart E—Licenses, Authorizations, 

and Statements of Licensing Policy 

■ 66. In § 599.507, revise and republish 

paragraph (b) to read as follows: 

§ 599.507 Payments for legal services from 

funds originating outside the United States. 

* * * * * 

(b) Records. Consistent with 

§§ 501.601 and 501.602 of this chapter, 

U.S. persons who receive payments 

pursuant to paragraph (a) of this section 

must retain for ten years from the date 

of the relevant payment, and furnish to 

OFAC on demand, a record that 

specifies the following for each 

payment: 

(1) The individual or entity from 

whom the funds originated and the 

amount of funds received; and 

(2) If applicable: 

(i) The names of any individuals or 

entities providing related services to the 

U.S. person receiving payment in 

connection with authorized legal 

services, such as private investigators or 

expert witnesses; 

(ii) A general description of the 

services provided; and 

(iii) The amount of funds paid in 

connection with such services. 

Lisa M. Palluconi, 

Acting Director, Office of Foreign Assets 

Control. 

[FR Doc. 2024–30344 Filed 12–17–24; 11:15 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

31 CFR Part 591 

Publication of Venezuela Sanctions 

Regulations Web General Licenses 5Q 

and 8O 

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 two 

general licenses (GL) issued pursuant to 

the Venezuela Sanctions Regulations: 

GL 5Q and GL 8O, each of which was 

previously made available on OFAC’s 

website. 

DATES: GL 5Q was issued on November 

7, 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 November 7, 2024, OFAC issued 

GL 5Q and GL 8O to authorize certain 

transactions otherwise prohibited by the 

Venezuela Sanctions Regulations (VSR), 

31 CFR part 591. Each GL was made 

available on OFAC’s website (https://

ofac.treasury.gov) when it was issued. 

GL 5Q supersedes GL 5P, which was 

issued on August 12, 2024. GL 8O 

supersedes GL 8N, which was issued on 

May 10, 2024. The text of these GLs is 

provided below. 

OFFICE OF FOREIGN ASSETS CONTROL 

Venezuela Sanctions Regulations 

31 CFR Part 591 

GENERAL LICENSE NO. 5Q 

Authorizing Certain Transactions Related to 

the Petro ́leos de Venezuela, S.A. 2020 8.5 

Percent Bond on or After March 7, 2025 

(a) Except as provided in paragraph (b) of 

this general license, on or after March 7, 

2025, all transactions related to, the 

provision of financing for, and other dealings 

in the Petro ́leos de Venezuela, S.A. 2020 8.5 

Percent Bond that would be prohibited by 

subsection l(a)(iii) of Executive Order (E.O.) 

13835 of May 21, 2018, as amended by E.O. 

13857 of January 25, 2019, and incorporated 

into the Venezuela Sanctions Regulations, 31 

CFR part 591 (the VSR), are authorized. 

(b) This general license does not authorize 

any transactions or activities otherwise 

prohibited by the VSR, or any other part of 

31 CFR chapter V. 

(c) Effective November 7, 2024, General 

License No. 5P, dated August 12, 2024, is 

replaced and superseded in its entirety by 

this General License No. 5Q. 

Lisa M. Palluconi, 

Acting Director, Office of Foreign Assets 

Control. 

Dated: November 7, 2024. 

OFFICE OF FOREIGN ASSETS CONTROL 

Venezuela Sanctions Regulations 

31 CFR Part 591 

GENERAL LICENSE NO. 8O 

Authorizing Transactions Involving 

Petro ́leos de Venezuela, S.A. (PdVSA) 

Necessary for the Limited Maintenance of 

Essential Operations in Venezuela or the 

Wind Down of Operations in Venezuela for 

Certain Entities 

(a) Except as provided in paragraphs (c) 

and (d) of this general license, all 

transactions and activities prohibited by 

Executive Order (E.O.) 13850 of November 1, 

2018, as amended by E.O. 13857 of January 

25, 2019, or E.O. 13884 of August 5, 2019, 

each as incorporated into the Venezuela 

Sanctions Regulations, 31 CFR part 591 (the 

VSR), that are ordinarily incident and 

necessary to the limited maintenance of 

essential operations, contracts, or other 

agreements, that: (i) are for safety or the 

preservation of assets in Venezuela; (ii) 

involve PdVSA or any entity in which 

PdVSA owns, directly or indirectly, a 50 

percent or greater interest; and (iii) were in 

effect prior to July 26, 2019, are authorized 

through 12:01 a.m. eastern daylight time, 

May 9, 2025, for the following entities and 

their subsidiaries (collectively, the ‘‘Covered 

Entities’’): 

• Halliburton 

• Schlumberger Limited 

• Baker Hughes Holdings LLC 

• Weatherford International, Public Limited 

Company 

Note to paragraph (a). Transactions and 

activities necessary for safety or the 

preservation of assets in Venezuela that are 

authorized by paragraph (a) of this general 


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