GL-115D
ActiveAuthorizing Certain Transactions Related to Civil Nuclear Energy
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Summary
General License No. 115D authorizes all transactions prohibited by Executive Order 14024 involving specified Russian financial entities and the Central Bank of the Russian Federation, provided those transactions are related to civil nuclear energy. The term "related to civil nuclear energy" is defined as transactions undertaken solely to maintain or support civil nuclear projects initiated before November 21, 2024. The authorization is time-limited and runs through 12:01 a.m. eastern standard time, December 18, 2026. This license replaces and supersedes General License No. 115C in its entirety.
Authorized activities
- All transactions prohibited by E.O. 14024 involving Gazprombank Joint Stock Company that are related to civil nuclear energy
- All transactions prohibited by E.O. 14024 involving State Corporation Bank for Development and Foreign Economic Affairs Vnesheconombank that are related to civil nuclear energy
- All transactions prohibited by E.O. 14024 involving Public Joint Stock Company Bank Financial Corporation Otkritie that are related to civil nuclear energy
- All transactions prohibited by E.O. 14024 involving Sovcombank Open Joint Stock Company that are related to civil nuclear energy
- All transactions prohibited by E.O. 14024 involving Public Joint Stock Company Sberbank of Russia that are related to civil nuclear energy
- All transactions prohibited by E.O. 14024 involving VTB Bank Public Joint Stock Company that are related to civil nuclear energy
- All transactions prohibited by E.O. 14024 involving Joint Stock Company Alfa-Bank that are related to civil nuclear energy
- All transactions prohibited by E.O. 14024 involving Public Joint Stock Company Rosbank that are related to civil nuclear energy
- All transactions prohibited by E.O. 14024 involving Bank Zenit Public Joint Stock Company that are related to civil nuclear energy
- All transactions prohibited by E.O. 14024 involving Bank Saint-Petersburg Public Joint Stock Company that are related to civil nuclear energy
- All transactions prohibited by E.O. 14024 involving National Clearing Center (NCC) that are related to civil nuclear energy
- All transactions prohibited by E.O. 14024 involving 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, that are related to civil nuclear energy
- All transactions prohibited by E.O. 14024 involving the Central Bank of the Russian Federation that are related to civil nuclear energy
Conditions
Authorized transactions must be "related to civil nuclear energy," meaning undertaken solely to maintain or support civil nuclear projects initiated before November 21, 2024. The license does not authorize: (1) opening or maintaining correspondent or payable-through accounts for entities subject to Directive 2 under E.O. 14024; (2) any debit to an account on the books of a U.S. financial institution of the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, or the Ministry of Finance; or (3) any transactions otherwise prohibited by the RuHSR, including those involving blocked persons not described in paragraph (a), unless separately authorized.