Rule · OFAC · 7 May 2026 · 2026-09084
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) published General License No. 14 under the Belarus Sanctions Regulations. This license authorizes certain transactions involving the Belarussian Bank of Development and Reconstruction Belinvestbank Joint Stock Company and specific related entities. The authorization covers transactions that are otherwise prohibited by the Belarus Sanctions Regulations, provided they do not involve the unblocking of property or other blocked persons.
DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 548 Publication of a Belarus 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 Belarus Sanctions Regulations: GL 14. This GL was previously made available on OFAC’s website. DATES: GL 14 was issued on March 26, 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 March 26, 2026, OFAC issued GL 14 to authorize certain transactions otherwise prohibited by the Belarus Sanctions Regulations, 31 CFR part 548. GL 14 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 Belarus Sanctions Regulations 31 CFR Part 548 General License No. 14 Authorizing Transactions Involving Belarussian Bank of Development and Reconstruction Belinvestbank Joint Stock Company and Certain Additional Entities (a) Except as provided in paragraph (b) of this general license, all transactions prohibited by the Belarus Sanctions Regulations, 31 CFR part 548 (BSR), involving the following entities are authorized: (1) Belarussian Bank of Development and Reconstruction Belinvestbank Joint Stock Company; (2) Limited Liability Company Belinvest-Engineering; (3) CJSC Belbizneslizing; or (4) 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) This general license does not authorize: (1) The unblocking of any property blocked pursuant to any part of 31 CFR chapter V; or (2) Any transactions otherwise prohibited by the BSR, including
transactions involving the property or interests in property of any person blocked pursuant to the BSR other than the blocked persons described in paragraph (a) of this general license, unless separately authorized. Dated: March 26, 2026. Bradley T. Smith, Director, Office of Foreign Assets Control. [FR Doc. 2026–09084 Filed 5–6–26; 8:45 am] BILLING CODE P
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