GL-11
ExpiredAuthorizing the Wind Down of Transactions Involving Certain Persons Blocked on December 18, 2025
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Summary
General License No. 11 authorizes all transactions prohibited by the International Criminal Court-Related Sanctions Regulations (ICCSR), 31 CFR part 528, that are ordinarily incident and necessary to the wind down of any transaction involving Gocha Lordkipanidze, Erdenebalsuren Damdin, or any entity in which one or more of them own, directly or indirectly, individually or in the aggregate, a 50 percent or greater interest, through 12:01 a.m. eastern standard time, January 17, 2026.
Conditions
Any payment to a blocked person must be made into a blocked interest-bearing account located in the United States, in accordance with the ICCSR. The license does not authorize any transactions otherwise prohibited by the ICCSR, including transactions involving any person blocked pursuant to the ICCSR other than the blocked persons described in paragraph (a), unless separately authorized.