Russia-related Designations and Updates; Issuance of Russia-related General Licenses and Frequently Asked Questions; Publication of Russia-related OFAC Alert

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related GL 53A, "Authorizing Transactions for Diplomatic Missions of the Russian Federation Involving Gazprombank Joint Stock Company or Prohibited by Directive 4 under Executive Order 14024," Russia-related GL 55C, "Authorizing Certain Services Related to Sakhalin-2," Russia-related GL 113, "Authorizing the Wind Down of Transactions Involving Certain Financial Institutions Blocked on November 21, 2024," and Russia-related GL 114, "Authorizing Certain Transactions Related to Debt or Equity of, or Derivative Contracts Involving, Certain Entities Blocked on November 21, 2024." Additionally, OFAC is issuing two new Russia-related Frequently Asked Questions (FAQ 1201, FAQ 1202), and three amended Russia-related Frequently Asked Questions (FAQ 976, FAQ 1096, FAQ 1197). OFAC is also publishing a new, Russia-related Alert, "Sanctions Risk for Foreign Financial Institutions that Join Russian Financial Messaging System, System for Transfer of Financial Messages." Lastly, OFAC has updated its Specially Designated Nationals and Blocked Persons List (SDN List), the Sectoral Sanctions Identifications (SSI) List and/or the Non-SDN Menu-Based Sanctions List (MBS List). Please visit the URL below to view this action