GL-53A
ActiveAuthorizing Transactions for Diplomatic Missions of the Russian Federation Involving Gazprombank Joint Stock Company or Prohibited by Directive 4 under Executive Order 14024
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Summary
General License 53A authorizes U.S. persons to engage in all transactions ordinarily incident and necessary to the official business of diplomatic or consular missions of the Government of the Russian Federation that are prohibited by E.O. 14024 and involve Gazprombank Joint Stock Company or any entity in which Gazprombank owns 50 percent or greater interest, or that are prohibited by Directive 4 under E.O. 14024. It also authorizes transactions necessary to compensate employees of Russian missions, including payment of salaries and reimbursement of expenses, under the same prohibitions. Certain transactions remain excluded, including those prohibited by Directive 2 under E.O. 14024, debits to accounts of specified Russian entities at U.S. financial institutions, and other transactions prohibited by the RuHSR unless separately authorized.
Authorized activities
- All transactions ordinarily incident and necessary to the official business of diplomatic or consular missions of the Government of the Russian Federation that are prohibited by E.O. 14024 and involve Gazprombank or any entity in which Gazprombank owns 50% or greater interest, or are prohibited by Directive 4 under E.O. 14024
- All transactions ordinarily incident and necessary to the compensation of employees of Russian missions, including payment of salaries and reimbursement of expenses, that are prohibited by E.O. 14024 and involve Gazprombank or any entity in which Gazprombank owns 50% or greater interest, or are prohibited by Directive 4 under E.O. 14024
Conditions
This license does not authorize: (1) any transactions prohibited by Directive 2 under E.O. 14024 (Prohibitions Related to Correspondent or Payable-Through Accounts and Processing of Transactions Involving Certain Foreign Financial Institutions); (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 of the Russian Federation; or (3) any transactions otherwise prohibited by the RuHSR, including transactions involving any person blocked pursuant to the RuHSR (other than blocked persons described in paragraph (a)), unless separately authorized.