Regulatory Alerts2024-06-10 | 2024-12308Added · Updated
Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General Licenses 8I, 13I, and 94
The Office of Foreign Assets Control publishes General Licenses 8I, 13I, and 94 under the Russian Harmful Foreign Activities Sanctions Regulations. General License 8I authorizes energy-related transactions with specified Russian financial institutions and the Central Bank of Russia until November 1, 2024, replacing General License 8H. General License 13I permits U.S. persons to pay taxes and fees to Russian authorities for day-to-day operations until July 11, 2024, replacing General License 13H. General License 94 unblocks OWH SE i.L. and its 50%-owned entities, authorizing transactions with them under the RuHSR and URSR.
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