On 12 April, OFAC advised of new designations, together with new General Licenses and a FAQ, and revocation of Russia-related General License. The new General Licences are 52 (Authorizing the Wind Down of Transactions Involving Holdingovaya Kompaniya Metalloinvest AO, MegaFon PAO, Limited Liability Company USM Telecom, or Akkermann Cement Ca Limited Liability Company) and 53 (Authorizing Transactions Related to Debt or Equity of, or Derivative Contracts Involving, Holdingovaya Kompaniya Metalloinvest AO) and 64 (Authorizing Certain Transactions Involving Kommersant) and 65 (Authorizing Transactions Related to Telecommunications and Certain Internet-based Communications Involving MegaFon PAO or Digital Invest Limited Liability Company).
General License 15 (Authorizing Transactions Involving Certain Blocked Entities Owned by Alisher Burhanovich Usmanov) has been revoked.
33 individuals were added to sanctions lists, along with a large number of entities.
The entries for 1 individual and 1 entity have been amended.
A new FAQ has been issued re certain transactions related to telecommunications and certain internet-based communications are already authorised by General License 25C – what additional transactions does Russia-related GL 65 authorise?
https://ofac.treasury.gov/recent-actions/20230412
https://ofac.treasury.gov/faqs/1122
https://home.treasury.gov/news/press-releases/jy1402
https://www.buymeacoffee.com/KoIvM842y
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