What authorizations exist for entities subject to Directive 4 under Executive Order (E.O.) 14024, "Prohibitions Related to Transactions Involving the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, and the Ministry of Finance of the Russian Federation," as amended (Russia-related Sovereign Transactions Directive)?

OFAC's answer

OFAC issued [Russia-related General License (GL) 132](https://ofac.treasury.gov/media/934776/download?inline) to authorize transactions involving the Paks II civil nuclear power plant project in Hungary, including those involving the Central Bank of the Russian Federation, that would be prohibited by the Russia-related Sovereign Transactions Directive. OFAC issued [Russia-related General License (GL) 115D](https://ofac.treasury.gov/media/935701/download?inline) to authorize civil nuclear energy-related transactions, including those involving the Central Bank of the Russian Federation, that would be prohibited by the [Russia-related Sovereign Transactions Directive](https://ofac.treasury.gov/media/918806/download?inline). OFAC issued [GL 13R](https://ofac.treasury.gov/media/936431/download?inline) to authorize U.S. persons to pay taxes, fees, or import duties and purchase or receive permits, licenses, registrations, or certifications, to the extent such transactions are prohibited by the Russia-related Sovereign Transactions Directive, provided such transactions are ordinarily incident and necessary to such persons' day-to-day operations in the Russian Federation. For further information on the types of transactions authorized by [GL 13R](https://ofac.treasury.gov/media/936431/download?inline), see [FAQ 1118](https://ofac.treasury.gov/faqs/1118). OFAC also issued [GL 14](https://ofac.treasury.gov/media/918896/download?inline), authorizing certain transactions involving any Directive 4 entity where the Directive 4 entity's sole function in the transaction is to act as an operator of a clearing and settlement system. [GL 14](https://ofac.treasury.gov/media/918896/download?inline) does not authorize any transfer of assets to or from any Directive 4 entity, or any transaction where a Directive 4 entity is either a counterparty or beneficiary to the transaction. In addition, GL 14 does not authorize any debit to an account on the books of a U.S. financial institution of any Directive 4 entity. [See FAQ 1003](https://ofac.treasury.gov/faqs/1003). Note that [GL 13R](https://ofac.treasury.gov/media/936431/download?inline), [GL 14](https://ofac.treasury.gov/media/918896/download?inline), [GL 115D](https://ofac.treasury.gov/media/935701/download?inline), and [GL 132](https://ofac.treasury.gov/media/934776/download?inline) continue to authorize against the Russia-related Sovereign Transactions Directive. Date Updated: July 08, 2026

Related programs

Related FAQs

• #1003Are transactions where the Central Bank of the Russian Federation, National Wealth Fund of the Russian Federation, or the Ministry of Finance of the Russian Federation serves solely as the operator of a clearing and settlement system authorized?
• #1118As of December 2022, the Government of the Russian Federation may require a so-called "exit tax" payment prior to the divestment of assets located in the Russian Federation, potentially requiring transactions involving the Central Bank of the Russian Federation or the Ministry of Finance of the Russian Federation. Do U.S. sanctions prohibit the payment of this so-called "exit tax"? Does Russia-related [General License (GL) 13Q](https://ofac.treasury.gov/media/935451/download?inline) authorize transactions that involve the payment of this exit tax?