Publication of Transnational Criminal Organizations Sanctions Regulations Web General License 1
Rule published January 20, 2026 · 91 FR 2303
- Document number
- FR Doc. 2026-00948
- Type
- Rule
- Published
- January 20, 2026
- Citation
- 91 FR 2303 (page 2,303)
- Action
- Publication of a web general license.
- Dates
- GL 1 was issued on October 14, 2025. See SUPPLEMENTARY INFORMATION for additional relevant dates.
- Official sources
- PDF (govinfo.gov) · federalregister.gov
Summary
The Federal Register's summaryThe Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Transnational Criminal Organizations Sanctions Regulations: GL 1. This GL was previously made available on OFAC's website.
Regulations cited
- 31 CFR part 590 (today: Transnational Criminal Organizations Sanctions Regulations) · Other documents citing it · eCFR as of January 20, 2026
OFAC has reused some part numbers, so today's heading can name a different regulation from the one this document concerned.
Text
As the Government Publishing Office publishes it. Pages OFAC printed as images (in recent notices, the lists of names) are in the official PDF.
[Federal Register Volume 91, Number 12 (Tuesday, January 20, 2026)]
[Rules and Regulations]
[Page 2303]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2026-00948]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 590
Publication of Transnational Criminal Organizations Sanctions
Regulations Web General License 1
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of a web general license.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing a general license (GL) issued pursuant to
the Transnational Criminal Organizations Sanctions Regulations: GL 1.
This GL was previously made available on OFAC's website.
DATES: GL 1 was issued on October 14, 2025. See SUPPLEMENTARY
INFORMATION for additional relevant dates.
FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Regulatory Affairs, 202-622-4855; or https://ofac.treasury.gov/contact-ofac.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: https://ofac.treasury.gov/.
Background
On October 14, 2025, OFAC issued GL 1 to authorize certain
transactions otherwise prohibited by the Transnational Criminal
Organizations Sanctions Regulations, 31 CFR part 590. GL 1 was made
available on OFAC's website (https://ofac.treasury.gov) when it was
issued. The text of this GL is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Transnational Criminal Organizations Sanctions Regulations
31 CFR Part 590
GENERAL LICENSE NO. 1
Authorizing the Wind Down of Transactions Involving Certain Persons
Blocked on October 14, 2025
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by the Transnational Criminal Organizations
Sanctions Regulations, 31 CFR part 590 (TCOSR), that are ordinarily
incident and necessary to the wind down of any transaction involving
one or more of the following blocked entities are authorized through
12:01 a.m. eastern standard time, November 13, 2025, provided that any
payment to a blocked person is made into a blocked account, in
accordance with the TCOSR:
(1) Prince Holding Group;
(2) Prince Bank Plc.;
(3) Prince Huan Yu Real Estate Cambodia Group Co., Ltd; or
(4) Any entity in which one or more of the above persons own,
directly or indirectly, individually or in the aggregate, a 50 percent
or greater interest.
(b) This general license does not authorize any transactions
otherwise prohibited by the TCOSR, including transactions involving any
person blocked pursuant to the TCOSR other than the blocked persons
described in paragraph (a) of this general license, unless separately
authorized.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: October 14, 2025.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2026-00948 Filed 1-16-26; 8:45 am]
BILLING CODE 4810-AL-P