2024-12-18 | 2024-29676The Department of the Treasury’s Office of Foreign Assets Control published four general licenses under the Russian Harmful Foreign Activities Sanctions Regulations to authorize specific transactions otherwise prohibited by Executive Order 14024. General License 53A permits transactions for Russian diplomatic missions involving Gazprombank, while General License 55C authorizes services related to the Sakhalin-2 project until June 28, 2025. General Licenses 113 and 114 provide wind-down periods until December 20, 2024, for divesting blocked financial institutions and facilitating the transfer of debt, equity, or derivatives involving Gazprombank and Interstate Bank.
102742 Federal Register / Vol. 89, No. 243 / Wednesday, December 18, 2024 / Rules and Regulations an applicable savings bond, as it appears on the savings bond inscription. Record means data or documentation, whether in paper, digital, or other electronic form, containing or composed of information describing any applicable savings bond which has an applicable address within a State, including the name and registered address or last known address of the registered owner, co-owner, or beneficiary, as further defined in 31 U.S.C. 3105(f)(1). Registered address means the address included in the savings bond inscription. State means the fifty States, the District of Columbia, American Samoa, the Federated States of Micronesia, Guam, the United States Virgin Islands, the Marshall Islands, the Commonwealth of the Northern Mariana Islands, Palau, and the Commonwealth of Puerto Rico. (b) Requests for records. Records will be made available to States in compliance with 31 U.S.C. 3105(f) and this subpart, upon request by a State to Fiscal Service. Prior to receiving access to records, each State, through an authorized State representative, must enter into an information-sharing agreement with Fiscal Service using a form that will be provided by Fiscal Service. Such agreements may contain, among other things, requirements that Treasury deems necessary or appropriate to ensure the security of the information. (c) Use of records. Any records or any information made available to a State under this subpart: (1) Must be used only for the purpose of locating the owner of an applicable savings bond; (2) Must not be used to escheat savings bond ownership to a State; and (3) Must not be released by a State to the public or any third party, unless explicitly approved in writing, in advance, by Treasury. (d) Liability. Treasury is not liable for any loss, liability, cost, or expense that may result from a State’s receipt, use, or distribution of records or any information contained therein. A State receiving records under this subpart shall indemnify Treasury for any loss, liability, cost, or expense associated with the State’s receipt, use, or distribution of, or failure to adequately protect, records or any information contained therein. § 323.12 Severability. The provisions of this subpart are severable, and if any section, subsection, clause, paragraph, or phrase of this subpart shall be adjudged to be invalid or unconstitutional by any court of competent jurisdiction, the judgment shall not affect, impair, or invalidate the remainder of this subpart, but shall be confined in its operation to the section, subsection, clause, paragraph, or phrase directly involved in the controversy in which such judgment shall have been rendered, and the remainder of this subpart shall continue to be in force and effect. By the Department of the Treasury. David Lebryk, Fiscal Assistant Secretary. [FR Doc. 2024–29988 Filed 12–17–24; 8:45 am] BILLING CODE P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 587 Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General Licenses 53A, 55C, 113, and 114 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 four general licenses (GLs) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GLs 53A, 55C, 113, and 114, each of which was previously made available on OFAC’s website. DATES: GLs 53A, 55C, 113, and 114 were issued on November 21, 2024. See SUPPLEMENTARY INFORMATION for additional relevant dates. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Licensing, 202–622–2480; Assistant Director for Regulatory Affairs, 202–622–4855; or Assistant Director for Compliance, 202– 622–2490 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 November 21, 2024, OFAC issued GLs 53A, 55C, 113, and 114 to authorize certain transactions otherwise prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587. Each GL was made available on OFAC’s website (https://ofac.treasury.gov) when it was issued. GL 53A replaced and superseded GL 53. GL 55C replaced and superseded GL 55B. GL 55C has an expiration date of June 28, 2025; GLs 113 and 114 each have an expiration date of December 20, 2024. The text of these GL is provided below. OFFICE OF FOREIGN ASSETS CONTROL Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part 587 GENERAL LICENSE NO. 53A Authorizing Transactions for Diplomatic Missions of the Russian Federation Involving Gazprombank Joint Stock Company or Prohibited by Directive 4 Under Executive Order 14024 (a) Except as provided in paragraph (c) of this general license, U.S. persons are authorized to engage in all transactions ordinarily incident and necessary to the official business of diplomatic or consular missions of the Government of the Russian Federation (‘‘Russian missions’’) that are prohibited by Executive Order (E.O.) 14024 and involve Gazprombank Joint Stock Company (Gazprombank), or any entity in which Gazprombank owns, directly or indirectly, a 50 percent or greater interest, or are prohibited by Directive 4 under E.O. 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. (b) Except as provided in paragraph (c) of this general license, U.S. persons are authorized to engage in all transactions ordinarily incident and necessary to the compensation of employees of Russian missions, including payment of salaries and reimbursement of expenses, that are prohibited by E.O. 14024 and involve Gazprombank, or any entity in which Gazprombank owns, directly or indirectly, a 50 percent or greater interest, or are prohibited by Directive 4 under E.O. 14024. (c) This general license does not authorize: (1) Any transactions prohibited by Directive 2 under E.O. 14024, Prohibitions Related to Correspondent or Payable-Through Accounts and Processing of Transactions Involving Certain Foreign Financial Institutions; (2) Any debit to an account on the books of a U.S. financial institution of the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, or the Ministry of Finance of the Russian Federation; or VerDate Sep<11>2014 15:22 Dec 17, 2024 Jkt 265001 PO 00000 Frm 00068 Fmt 4700 Sfmt 4700 E:\FR\FM\18DER1.SGM 18DER1 khammond on DSK9W7S144PROD with RULES
Federal Register / Vol. 89, No. 243 / Wednesday, December 18, 2024 / Rules and Regulations 102743 (3) Any transactions otherwise prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR), including transactions involving any person blocked pursuant to the RuHSR, other than blocked persons described in paragraph (a) of this general license, unless separately authorized. (c) Effective November 21, 2024, General License No. 53, dated November 10, 2022, is replaced and superseded in its entirety by this General License No. 53A. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control Dated: November 21, 2024 OFFICE OF FOREIGN ASSETS CONTROL Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part 587 GENERAL LICENSE NO. 55C Authorizing Certain Services Related to Sakhalin-2 (a) Except as provided in paragraph (c) of this general license, all transactions prohibited by the determination of November 21, 2022 made pursuant to section 1(a)(ii) of Executive Order (E.O.) 14071 (‘‘Prohibitions on Certain Services as They Relate to the Maritime Transport of Crude Oil of Russian Federation Origin’’) related to the maritime transport of crude oil originating from the Sakhalin-2 project (‘‘Sakhalin-2 byproduct’’) are authorized through 12:01 a.m. eastern daylight time, June 28, 2025, provided that the Sakalin-2 byproduct is solely for importation into Japan. (b) Except as provided in paragraph (c) of this general license, all transactions prohibited by E.O. 14024 involving Gazprombank Joint Stock Company (Gazprombank) or any entity in which Gazprombank owns, directly or indirectly, a 50 percent or greater interest, that are related to the Sakhalin2 project, including such transactions involving Sakhalin Energy LLC, are authorized through 12:01 a.m. eastern daylight time, June 28, 2025. (c) This general license does not authorize: (1) Any transactions prohibited by Directive 2 under E.O. 14024, Prohibitions Related to Correspondent or Payable-Through Accounts and Processing of Transactions Involving Certain Foreign Financial Institutions; (2) Any transactions prohibited by Directive 4 under E.O. 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; or (3) Any transactions otherwise prohibited by the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR), including transactions involving any person blocked pursuant to the RuHSR, other than the blocked persons described in paragraph (b), unless separately authorized. (d) Effective November 21, 2024, General License No. 55B, dated June 26, 2024, is replaced and superseded in its entirety by this General License No. 55C. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control Dated: November 21, 2024 OFFICE OF FOREIGN ASSETS CONTROL Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part 587 GENERAL LICENSE NO. 113 Authorizing the Wind Down of Transactions Involving Certain Financial Institutions Blocked on November 21, 2024 (a) Except as provided in paragraph (b) of this general license, all transactions prohibited by Executive Order (E.O.) 14024 that are ordinarily incident and necessary to the wind down of transactions involving the blocked persons listed in the Annex to this general license, and any entity in which those 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, December 20, 2024, provided that any payment to a blocked person is made into a blocked account in accordance with the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR). (b) This general license does not authorize: (1) Any transactions prohibited by Directive 2 under E.O. 14024, Prohibitions Related to Correspondent or Payable-Through Accounts and Processing of Transactions Involving Certain Foreign Financial Institutions; (2) Any debit to an account on the books of a U.S. financial institution of the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, or the Ministry of Finance of the Russian Federation; or (3) Any transactions otherwise prohibited by the RuHSR, including transactions involving any person blocked pursuant to the RuHSR other than the blocked persons described in paragraph (a) of this general license, unless separately authorized. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control Dated: November 21, 2024 Annex—Blocked Persons Described in Paragraph (a) of General License 113 List of Blocked Persons Described in Paragraph (a) of General License 113 as of November 21, 2024: (a) Aktsionernoe Obshchestvo Bank Agroros (b) Bank Iturup LLC (c) BBR Bank Joint Stock Company (d) BCS Bank AO (e) Bratsky Narodny Bank JSC (f) Centrocredit Bank (g) Commercial Bank Energotransbank Joint Stock Company (h) Commercial Bank Khlynov Joint Stock Company (i) Commercial Bank Kremlyovskiy (j) Commercial Joint Stock Bank Viking (k) Corporate Finance Bank LLC (l) Fora Bank Joint Stock Commercial Bank (m) Garant Invest Bank Joint Stock (n) Gazprombank Joint Stock Company (o) Interstate Bank (p) Joint Stock Commercial Bank National Reserve Bank Joint Stock Company (q) Joint Stock Commercial Bank Slavia Joint Stock Company (r) Joint Stock Commercial Mortgage Bank Akibank Public Joint Stock Company (s) Joint Stock Company Auto Finance Bank (t) Joint Stock Company Bank Accept (u) Joint Stock Company Bank Dom RF (v) Joint Stock Company Bank Finservice (w) Joint Stock Company Bank United Capital (x) Joint Stock Company Coalmetbank (y) Joint Stock Company Commercial Bank Ural FD (z) Joint Stock Company Guta Bank (aa) Joint Stock Company NS Bank (bb) Joint Stock Company Public Trust Bank (cc) Joint Stock Company Royal Credit Bank (dd) Joint Stock Company Severgazbank (ee) Joint Stock Investment Commercial Bank Eniseisk United Bank (ff) JSC Exi Bank (gg) JSCB Energobank (hh) Kamsky Commercial Bank (ii) Limited Liability Company Bank Orange (jj) Limited Liability Company Bank Round VerDate Sep<11>2014 15:22 Dec 17, 2024 Jkt 265001 PO 00000 Frm 00069 Fmt 4700 Sfmt 4700 E:\FR\FM\18DER1.SGM 18DER1 khammond on DSK9W7S144PROD with RULES
102744 Federal Register / Vol. 89, No. 243 / Wednesday, December 18, 2024 / Rules and Regulations (kk) Limited Liability Company Krona Bank (ll) National Standard Bank Joint Stock Company (mm) New Moscow Bank (nn) NK Bank Joint Stock Company (oo) Primorsky Territorial Commercial Bank Society with Limited Liability (pp) Public Joint Stock Commercial Bank Derzhava (qq) Public Joint Stock Company Bank Alexandrovsky (rr) Public Joint Stock Company Bank Sinara (ss) Public Joint Stock Company Finstar Bank (tt) Public Joint Stock Company Metkombank (uu) Public Joint Stock Company National Bank Trust (vv) Public Joint Stock Social Commercial Bank of Primorye Primsotsbank (ww) Rossita Bank (xx) Russian Public Joint Stock Commercial Roads Bank (yy) Russian Universal Bank (zz) Vitabank PJSC (aaa) Waybank JSC OFFICE OF FOREIGN ASSETS CONTROL Russian Harmful Foreign Activities Sanctions Regulations 31 CFR Part 587 GENERAL LICENSE NO. 114 Authorizing Certain Transactions Related to Debt or Equity of, or Derivative Contracts Involving, Certain Entities Blocked on November 21, 2024 (a) Except as provided in paragraphs (d) and (e) of this general license, all transactions prohibited by Executive Order (E.O.) 14024 that are ordinarily incident and necessary to the divestment or transfer, or the facilitation of the divestment or transfer, of debt or equity issued or guaranteed by the following blocked entities (‘‘Covered Debt or Equity’’) to a non-U.S. person are authorized through 12:01 a.m. eastern standard time, December 20, 2024: (1) Gazprombank Joint Stock Company; (2) Interstate Bank; or (3) Any entity in which one or more of the above persons own, directly or indirectly, individually or in the aggregate, a 50 percent or greater interest. (b) Except as provided in paragraph (e) of this general license, all transactions prohibited by E.O. 14024 that are ordinarily incident and necessary to facilitating, clearing, and settling trades of Covered Debt or Equity that were placed prior to 4:00 p.m. eastern standard time, November 21, 2024 are authorized through 12:01 a.m. eastern standard time, December 20, 2024. (c) Except as provided in paragraph (e) of this general license, all transactions prohibited by E.O. 14024 that are ordinarily incident and necessary to the wind down of derivative contracts entered into prior to 4:00 p.m. eastern standard time, November 21, 2024 that (i) include a blocked person described in paragraph (a) of this general license as a counterparty or (ii) are linked to Covered Debt or Equity are authorized through 12:01 a.m. eastern standard time, December 20, 2024, provided that any payments to a blocked person are made into a blocked account in accordance with the Russian Harmful Foreign Activities Sanctions Regulations, 31 CFR part 587 (RuHSR). (d) Paragraph (a) of this general license does not authorize: (1) U.S. persons to sell, or to facilitate the sale of, Covered Debt or Equity to, directly or indirectly, any person whose property and interests in property are blocked; or (2) U.S. persons to purchase or invest in, or to facilitate the purchase of or investment in, directly or indirectly, Covered Debt or Equity, other than purchases of or investments in Covered Debt or Equity ordinarily incident and necessary to the divestment or transfer of Covered Debt or Equity as described in paragraph (a) of this general license. (e) This general license does not authorize: (1) Any transactions prohibited by Directive 2 under E.O. 14024, Prohibitions Related to Correspondent or Payable-Through Accounts and Processing of Transactions Involving Certain Foreign Financial Institutions; (2) Any transactions prohibited by Directive 4 under E.O. 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; or (3) Any transactions otherwise prohibited by the RuHSR, including transactions involving any person blocked pursuant to the RuHSR other than the blocked persons described in paragraph (a) of this general license, unless separately authorized. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control Dated: November 21, 2024 Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. [FR Doc. 2024–29676 Filed 12–17–24; 8:45 am] BILLING CODE 4810–AL–P ENVIRONMENTAL PROTECTION AGENCY 40 CFR Part 52 [EPA–R09–OAR–2024–0005; FRL–11919– 02–R9] Partial Approval and Disapproval of Air Quality Implementation Plans; Arizona; Regional Haze State Implementation Plan for the Second Implementation Period and Prong 4 (Visibility) for the 2015 Ozone and 2012 Particulate Matter Standards AGENCY: Environmental Protection Agency (EPA). ACTION: Final rule. SUMMARY: The Environmental Protection Agency (EPA) is partially approving and partially disapproving the regional haze state implementation plan (SIP) revision submitted by Arizona on August 15, 2022 (‘‘2022 Arizona Regional Haze Plan’’), under the Clean Air Act (CAA) and the EPA’s Regional Haze Rule (RHR) for the program’s second implementation period. Arizona’s SIP submission was developed to address the requirement that states must periodically revise their long-term strategies for making reasonable progress towards the national goal of preventing any future, and remedying any existing, anthropogenic impairment of visibility, including regional haze, in mandatory Class I Federal areas. The SIP submission also addresses other applicable requirements for the second implementation period of the regional haze program. Within this action, the EPA is also disapproving the visibility transport prong of Arizona’s infrastructure SIP submittals for the 2012 annual fine particulate matter (PM2.5) and 2015 ozone National Ambient Air Quality Standards (NAAQS). The EPA is taking this action pursuant to CAA sections 110 and 169A. DATES: This rule is effective on January 17, 2025. ADDRESSES: The EPA has established a docket for this action under Docket ID No. EPA–R09–OAR–2024–0005. All documents in the docket are listed on the https://www.regulations.gov website. Although listed in the index, some information is not publicly VerDate Sep<11>2014 15:22 Dec 17, 2024 Jkt 265001 PO 00000 Frm 00070 Fmt 4700 Sfmt 4700 E:\FR\FM\18DER1.SGM 18DER1 khammond on DSK9W7S144PROD with RULES