23 Jul 2025
📜Overview of General License 13N for Russian Sanctions Compliance
Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 13N
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 13N, which was previously made available on OFAC's website.
Agencies
- Treasury Department
- Foreign Assets Control Office
Business Impact
$$ - Med
The regulation establishes General License 13N allowing U.S. businesses to engage in certain transactions in Russia that were previously prohibited, thus facilitating limited operations. This is crucial for compliance and international trade for U.S. entities involved with Russian operations.