GL-94
ActiveAuthorizing Transactions Involving OWH SE i.L. (Formerly Known as VTB Bank Europe SE)
Machine-extracted. The summary, conditions, and reporting fields on this page were extracted by AI from the official document. Rely on the official OFAC General License, not this page.
Summary
This license authorizes all transactions prohibited by the Russian Harmful Foreign Activities Sanctions Regulations (31 CFR part 587) or the Ukraine-/Russia-Related Sanctions Regulations (31 CFR part 589) that involve OWH SE i.L. (formerly known as VTB Bank Europe SE) or any entity in which OWH SE i.L. owns, directly or indirectly, a 50 percent or greater interest. It also unblocks all property and interests in property of OWH SE i.L. Entities. Transactions involving other blocked persons not described in paragraph (a) remain prohibited unless separately authorized.
Conditions
The license does not authorize any transactions otherwise prohibited by the RuHSR or the URSR, including transactions involving any person blocked pursuant to the RuHSR or the URSR, other than the blocked persons described in paragraph (a) (i.e., OWH SE i.L. Entities), unless separately authorized.