OFAC Russian Media General Licenses


On Sep. 13, OFAC issued general licenses following media sanctions.


  • OFAC issued general licenses GL 109 and GL 25F following Russian media sanctions.
  • OFAC also published updated, Russia-related Frequently Asked Question (FAQ 1040).
  • Affiliates of RT news were designated for Moldovan election interference, #226260.
  • GL 109
  • General License 109, Authorizing the Wind Down of Transactions Involving Certain Entities Blocked on September 13, 2024, authorizes certain winddown transactions.
  • Authorizes winddown with Federal State Unitary Enterprise International Information Agency Rossiya Segodnya, and Autonomous Non Profit Organization TV Novosti.
  • As well as subsidiaries that aforementioned entities own 50% of greater interest in.
  • Does not authorize transactions per Directive 2 or Directive 4 under EO 14024.
  • The winddown transactions are authorized through 12:01 a.m. EST on Nov. 13, 2024.
  • GL 25F
  • General License 25F supersedes and replaces GL 25E, issued Sep. 4, 2024, #215700.
  • Entitled Authorizing Transactions Related to Telecommunications and Certain Internet-Based Communications under certain circumstances, provided set criteria are met.
  • Transactions with Federal State Unitary Enterprise International Information Agency Rossiya Segodnya, Autonomous Non Profit Organization TV Novosti are not authorized.
  • Unless transactions are separately authorized, may not be conducted under GL 25F.
  • FAQ 1040
  • The FAQ 1040 was amended to clarify that transactions with Rossiya Segodnya and Autonomous Non Profit Organization TV Novosti are not authorized under GL 25F.
  • Sep. 25, 2024 OFAC Federal Register
  • On Sep. 25, 2024, OFAC published general licenses 25E, 25F, 108, 109 in fed register.

Regulators OFAC
Entity Types B/D; Bank; BS; Corp; IA; Ins; Inv Co; MSB
Reference 89 FR 78247, 9/25/2024; 7GL109, GL25F, FAQ 1040, 9/13/2024; RuHSR;
Functions AML; Compliance; Financial; Legal; Operations; Reporting; Risk; Sanctions; Technology
Countries Russia; United States of America; Cross-Border
Category
State
Products Banking; Deposits; Fund Mgt; Insurance; Loan; Payments; Securities
Regions Am
Rule Type Final
Rule Date 9/13/2024
Effective Date 11/13/2024
Rule Id 226272
Linked to Rule :226260
Reg. Last Update 9/25/2024
Report Section AML & Enforcement

Last substantive update on 09/27/2024