PRINT
OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR part 587
GENERAL LICENSE NO. 13K
Authorizing Certain Administrative Transactions Prohibited by Directive 4 under Executive Order 14024
(a) Except as provided in paragraph (b) of this general license, U.S. persons, or entities owned or controlled, directly or indirectly, by a U.S. person, are authorized to pay taxes, fees, or import duties, and purchase or receive permits, licenses, registrations, certifications, or tax refunds to the extent such transactions are prohibited by Directive 4 under Executive Order 14024, Prohibitions Related to Transactions Involving the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, and the Ministry of Finance of the Russian Federation, provided such transactions are ordinarily incident and necessary to the day-to-day operations in the Russian Federation...
Click the appropriate link below for access to this file.
Click the appropriate link below for access to this file.
1) GL authorizes transactions subject to the broad prohibitions of Directive 4 Under EO 14024 involving “day-to-day operations in the Russian Federation”. This term is subject to interpretation, but not novel. Compare Venezuela General License 35 and 597.508.
2.1.1) GL amended on 5-25 2022 to (i) extend the expiration date to September 30, 2022, and to (ii) expand the scope of the authorization to "U.S. persons, or entities owned or controlled, directly or indirectly, by a U.S. person". This is not to suggest that Directive 4 applies to non-U.S. persons that are "owned or controlled, directly or indirectly, by a U.S. person," but (presumably) to ensure that U.S. entities can be involved in ancillary transactions not otherwise prohibited by the law but nevertheless described by the GL....