GL 13B expires on Pearl Harbor Day (December 7)… 13C will now expire on March 7, 2023.
What does GL13 authorize?
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, or certifications, 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 of such U.S. persons or entities,Snippet from Russia-related General License 13C
Categories: Licenses OFAC Updates Russian Harmful Foreign Activities Sanctions
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