On October 17, 2022, the Department of the Treasury’s Office of Foreign Assets Control issued a new general license pursuant to Russian Harmful Foreign Activities Sanctions Regulations (RuHSR), 31 CFR part 587. OFAC issued General License 28A to authorize, until January 18, 2023, all transactions that originate in or are destined for Afghanistan involving Public Joint Stock Transkapitalbank (TKB) or any entity in which TKB owns a 50 percent interest, that would otherwise prohibited by Executive Order 14024. General License 28A replaces and supersedes GL 28, dated April 20, 2022, in its entirety.
October 18, 2022
OFAC issues Russia-related general license 28A
Related by Topic
New Post
OFAC issues new basic information FAQ and amends two Cuba-related FAQs
August 28, 2024
News Alert
New Post
U.S. designates nearly 400 individuals and entities in honor of Ukraine’s Independence Day
August 26, 2024
News Alert
New Post
UK government issues updated ownership and control guidance for all sanctions regimes
August 22, 2024
News Alert