GL-1B
ActiveAuthorizing Certain Activities Involving Federal State Budgetary Institution Marine Rescue Service
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Summary
General License No. 1B authorizes all transactions and activities involving Federal State Budgetary Institution Marine Rescue Service (MRS), or any entity in which MRS owns a 50 percent or greater interest, that are prohibited by E.O. 14039, E.O. 14024, or PEESA, provided those transactions are not related to the construction of the Nord Stream 2 pipeline project, the TurkStream pipeline project, or any successor project. The license replaces and supersedes General License No. 1A, dated August 20, 2021, in its entirety, effective December 18, 2024.
Authorized activities
- All transactions and activities involving MRS prohibited by E.O. 14039, E.O. 14024, or PEESA that are not related to Nord Stream 2, TurkStream, or successor pipeline projects
- All transactions and activities involving any entity in which MRS owns, directly or indirectly, a 50 percent or greater interest, that are not related to Nord Stream 2, TurkStream, or successor pipeline projects
Conditions
The license does not authorize: (1) transactions involving vessels on the SDN List identified as blocked property of MRS or its 50%-or-greater-owned entities; (2) transactions prohibited by Directive 2 under E.O. 14024 (correspondent or payable-through accounts); (3) transactions prohibited by Directive 4 under E.O. 14024 (Central Bank of Russia, National Wealth Fund, Ministry of Finance of Russia); (4) any transactions otherwise prohibited by PEESA, RuHSR (31 CFR part 587), any part of 31 CFR chapter V, other statutes, or other Executive orders, or involving any blocked person other than MRS and its covered entities identified in paragraph (a).