Treasury Department, Foreign Assets Control Office
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing four general licenses (GLs) issued in the Chinese Military Industrial Complex program: GLs 1, 1A, 1B, and 2, each of which was previously made available on OFAC's website.
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 586 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 four general licenses (GLs) issued in the Chinese Military Industrial Complex program: GLs 1, 1A, 1B, and 2, each of which was previously made available on OFAC's website. DATES: GL 1 was issued on January 8, 2021. 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 Compliance, 202-622-2490. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available on OFAC's website: https://ofac.treasury.gov . Background On January 8, 2021, OFAC issued GL 1 to authorize certain transactions otherwise prohibited by Executive Order (E.O.) 13959 of November 12, 2020, “Addressing the Threat From Securities Investments That Finance Communist Chinese Military Companies” ( 85 FR 73185 , November 17, 2020). Subsequently, OFAC issued two further iterations of GL 1, each of which authorized activities otherwise prohibited pursuant to E.O. 13959 as amended by E.O. 13974 of January 13, 2021, “Amending Executive Order 13959 —Addressing the Threat From Securities Investments That…
Citation: 88 FR 60889
