Russia-related General License 84 - Authorizing Transactions Related to Closing a Correspondent or Payable-Through Account (December 22, 2023)

Date issued: Dec. 22 2023

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TURBOFAC Commentary (60 words)

Notes:

1) This GL, similar to 510.519, 561.504, 566.504 and 589.521, is standard in regulations that implement CAPTA provisions concerning FFIs. It is not subject to much (if any) substantive interpretation because the CAPTA authorities are very seldom used. The CAPTA list (one unique entry as of 12-22-23) can be found at https://www.treasury.gov/ofac/downloads/capta/captalist.txt.