23 Jul 2025
🇷🇺General License 13M for Russian Sanctions Published by OFAC
Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 13M
Summary
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GL 13M, which was previously made available on OFAC's website.
Agencies
- Treasury Department
- Foreign Assets Control Office
Business Impact
$$ - Med
The document provides a general license (GL 13M) allowing U.S. persons to engage in certain transactions with Russia, which may affect business operations related to tax and import duties. This GL directly impacts compliance and regulatory requirements, relevant to businesses operating in or with Russia.