OFAC Extends Russia General License on Central Bank Payments
The Office of Foreign Assets Control on Nov. 21 extended a Russia-related general license that authorizes the payment of certain taxes and import fees to the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation…
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or the Ministry of Finance of the Russian Federation despite the sanctions imposed on those entities. General License 13C, which replaces GL 13B (see 2209080047), extends the authorization through 12:01 a.m. EST on March 7, 2023. GL13B was scheduled to expire Dec. 7.