Base
Rule2023-038672023-02-24

Publication of Nicaragua Sanctions Regulations Web General Licenses 3 and 4

Treasury Department, Foreign Assets Control Office

Abstract

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing two general licenses (GLs) issued pursuant to the Nicaragua Sanctions Regulations: GLs 3 and 4, each of which was previously made available on OFAC's website and is now expired.

Action & Dates

Action
Publication of web general licenses.
Dates
GL 3 expired on July 18, 2022. GL 4 expired on November 23, 2022. See SUPPLEMENTARY INFORMATION for additional relevant dates.

CFR References

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of the Treasury Office of Foreign Assets Control 31 CFR Part 582 AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Publication of web general licenses. SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing two general licenses (GLs) issued pursuant to the Nicaragua Sanctions Regulations: GLs 3 and 4, each of which was previously made available on OFAC's website and is now expired. DATES: GL 3 expired on July 18, 2022. GL 4 expired on November 23, 2022. See SUPPLEMENTARY INFORMATION for additional relevant dates. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Licensing, 202-622-2480; Assistant Director for Regulatory Affairs, 202-622-4855; or Assistant Director for Sanctions Compliance & Evaluation, 202-622-2490. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available on OFAC's website: www.treas.gov/​ofac . Background On June 17, 2022 and October 24, 2022, OFAC issued GLs 3 and 4, respectively, to authorize certain transactions otherwise prohibited by the Nicaragua Sanctions Regulations, 31 CFR part 582 . Each GL was made available on OFAC's website ( www.treas.gov/​ofac ) when it was issued. Each of these GLs is now expired. The text of these GLs is provided below. OFFICE OF FOREIGN ASSETS CONTROL Nicaragua Sanctions Regulations 31 CFR Part 582 GENERAL LICENSE NO. 3 Authorizing the Wind Down of Transactions Involving

Read full document on FederalRegister.gov →

Full Document

Citation: 88 FR 11814