OFAC FAQ (Current) # 1096 - Russian Harmful Foreign Activities Sanctions (PDF contains all versions)

Date issued: Nov. 21 2024

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TURBOFAC Commentary (111 words)

Notes:

1) For the avoidance of any doubt, this FAQ makes clear that Russia-related General License 53 covers "transactions related to Russian missions located in or outside the United States," and that it would apply to "the payment of salaries to employees of Russian missions that may otherwise be prohibited by Directive 4, such as a payment originated by the Ministry of Finance of the Russian Federation from a non-blocked Russian bank." These conclusions are fairly evident from the face of GL 53.

2) FAQ amended on 11-21-24 to account for the issuance of Russia-related GL 53A, which added (to GL 53) authorizations related to Gazprombank.