Issuance of Russia-related General Licenses and new and ...
Feb 23, 2024 · The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 88, "Authorizing the Wind Down of Transactions Involving Certain Entities Blocked on February 23, 2024;" Russia-related General License 89, "Authorizing the Wind Down and Rejection of Transactions Involving Certain Financial ...
Russia-related Designations; Publication of Russia-related ...
Jun 12, 2024 · The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a Determination Pursuant to Section 1 (a) (ii) of Executive Order 14071, "Prohibition on Certain Information Technology and Software Services." OFAC is also issuing Russia-related General License 6D - "Transactions Related to Agricultural Commodities ...
OFAC Issues New and Amended Russia General Licenses, FAQs; …
Jul 19, 2022 · This entity was formerly known as Gazprom Germania GmbH, and GL 30A was reissued to reflect that change. These transactions are now authorized through 12:01 a.m. EST on December 16, 2022. The new GL 44 authorizes certain accounting services to US individuals located in the Russian Federation.
Issuance of Russia-related General License 30
May 2, 2022 · The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 30, "Authorizing Transactions Involving Gazprom Germania GmbH Prohibited by Directive 3 under Executive Order 14024."
OFAC Issues New and Amended Russia-Related General Licenses …
On May 2 and 5, 2022, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued three new and two amended Russia-related General Licenses (“GLs”). OFAC also issued one new Frequently Asked Question (“FAQ”) and amended another.
Publication of Russian Harmful Foreign Activities Sanctions ...
Sep 9, 2022 · The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing eleven general licenses (GLs) issued in the Russian Harmful Foreign Activities Sanctions program: GLs 21, 21A, 22, 23, 24, 25, 26, 27, 28, 29, and 30, each of which was previously made available on OFAC's website.
U.S. Treasury Announces Unprecedented & Expansive ... - U.S.
Feb 24, 2022 · The sanctions and license package has been constructed to account for the challenges high energy prices pose to average citizens and doesn’t prevent banks from processing payments for them. Specifically, OFAC issued eight general licenses authorizing certain transactions related to:
On 21 April 2022, OFSI issued General Licence INT/2022/1630477 under Regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019 (“the Russia Regulations”) to allow payments to and/or from...
Breadcrumb - Office of Foreign Assets Control
May 19, 2023 · With Over 300 Sanctions, U.S. Targets Russia’s Circumvention and Evasion, Military-Industrial Supply Chains, and Future Energy Revenues. The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 13E, “Authorizing Certain Administrative Transactions Prohibited by Directive 4 under ...
Gazprom - Wikipedia
Gazprom is a vertically integrated company, one which owns its supply and distribution activities. [66] Gazprom owns all its main gas processing facilities in Russia. It operates Russia's high pressure gas pipelines and since 2006, it has held a legal export monopoly.