Publication of Global Terrorism and Illicit Drug Trade Sanctions Web General Licenses

24722 Federal Register / Vol. 91, No. 88 / Thursday, May 7, 2026 / Rules and Regulations Bradley T. Smith, Director, Office of Foreign Assets Control. [FR Doc. 2026–09092 Filed 5–6–26; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Parts 594 and 599 Publication of a Global Terrorism Sanctions Regulations and Illicit Drug Trade Sanctions Regulations Web General License AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Publication of a web general license. SUMMARY: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Global Terrorism Sanctions Regulations and the Illicit Drug Trade Sanctions Regulations: GL 34. This GL was previously made available on OFAC’s website. DATES: GL 34 was issued on February 19, 2026. See SUPPLEMENTARY INFORMATION for additional relevant dates. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Regulatory Affairs, 202–622–4855; or https:// ofac.treasury.gov/contact-ofac. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available on OFAC’s website: https:// ofac.treasury.gov/. Background On February 19, 2026, OFAC issued GL 34 to authorize certain transactions otherwise prohibited by the Global Terrorism Sanctions Regulations, 31 CFR part 594, and the Illicit Drug Trade Sanctions Regulations, 31 CFR part 599. GL 34 was made available on OFAC’s website (https://ofac.treasury.gov) when it was issued. The text of this GL is provided below. OFFICE OF FOREIGN ASSETS CONTROL Global Terrorism Sanctions Regulations 31 CFR Part 594 Illicit Drug Trade Sanctions Regulations 31 CFR Part 599 GENERAL LICENSE NO. 34 Authorizing the Wind Down of Transactions Involving Kovay Gardens (a) Except as provided in paragraph (b) of this general license, all transactions prohibited by the Global Terrorism Sanctions Regulations, 31 CFR part 594 (GTSR) or the Illicit Drug Trade Sanctions Regulations, 31 CFR part 599 (IDTSR), that are ordinarily incident and necessary to the wind down of any transaction involving Kovay Gardens, or any entity in which Kovay Gardens owns, directly or indirectly, a 50 percent or greater interest, are authorized through 12:01 a.m. eastern daylight time, March 21, 2026, provided that any payment to a blocked person is made into a blocked account in accordance with the IDTSR and GTSR. (b) This general license does not authorize any transactions otherwise prohibited by the GTSR or IDTSR, including transactions involving any person blocked pursuant to the GTSR or IDTSR other than the blocked persons described in paragraph (a) of this general license, unless separately authorized. Bradley T. Smith, Director, Office of Foreign Assets Control. Dated: February 19, 2026. Bradley T. Smith, Director, Office of Foreign Assets Control. [FR Doc. 2026–09085 Filed 5–6–26; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Chapter V Publication of Iranian Transactions and Sanctions Regulations Web General Licenses AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Publication of web general licenses. SUMMARY: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing two general licenses (GLs) issued in the Iranian sanctions program: GLs S and T. These GLs were previously made available on OFAC’s website. DATES: GL S was issued on December 18, 2025. See SUPPLEMENTARY INFORMATION for additional relevant dates. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Regulatory Affairs, 202–622–4855; or https:// ofac.treasury.gov/contact-ofac. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available on OFAC’s website: https:// ofac.treasury.gov/. Background On December 18, 2025, OFAC issued GL S to authorize certain transactions otherwise prohibited by Executive Order (E.O.) 13902 of January 10, 2020, ‘‘Imposing Sanctions With Respect to Additional Sectors of Iran’’ (85 FR 2003, January 14, 2020). On January 23, 2026, OFAC issued GL T to authorize certain transactions otherwise prohibited by E.O. 13902. GLs S and T, which are both expired, were made available on OFAC’s website (https:// ofac.treasury.gov) when they were issued. The text of these GLs is provided below. OFFICE OF FOREIGN ASSETS CONTROL Executive Order 13902 of January 10, 2020 Imposing Sanctions With Respect to Additional Sectors of Iran GENERAL LICENSES Authorizing Limited Safety and Environmental Transactions and the Offloading of Cargo Involving Certain Persons or Vessels Blocked on December 18, 2025 (a) Except as provided in paragraph (b) of this general license, all transactions prohibited by Executive Order (E.O.) 13902 that are ordinarily incident and necessary to one or more of the following activities involving the blocked vessels or blocked persons listed in the Annex to this general license, and any entity in which the listed blocked persons own, directly or indirectly, individually or in the aggregate, a 50 percent or greater interest, are authorized through 12:01 a.m. eastern standard time, January 18, 2026, provided that any payment to a blocked person must be made into a blocked interest-bearing account located in the United States: VerDate Sep<11>2014 15:59 May 06, 2026 Jkt 268001 PO 00000 Frm 00018 Fmt 4700 Sfmt 4700 E:\FR\FM\07MYR1.SGM 07MYR1 khammond on DSK9W7S144PROD with RULES