Regulatory Alerts2026-03-30 | 20260330Issuance of Amended Russia-related General License 131D and Amended FAQs 1224 and 1225
The Department of the Treasury's Office of Foreign Assets Control (OFAC) issued amended General License 131D to authorize certain transactions for the negotiation and entry into contingent contracts for the sale of Lukoil International GmbH. OFAC simultaneously amended Frequently Asked Questions 1224 and 1225 to provide updated guidance on Russia-related sanctions. These regulatory changes facilitate specific maintenance activities and commercial negotiations involving the targeted entity under the revised licensing framework.
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