87 FR 244 pgs. 78470-78482 - Addition of General Licenses for the Official Business of the United States Government and Certain International Organizations and Entities and Updates to the 50 Percent Rule Interpretive in OFAC Sanctions Regulations

DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Parts 510, 525, 536, 539, 541, 542, 544, 546, 547, 548, 549, 551, 552, 555, 558, 560, 561, 562, 569, 576, 579, 582, 583, 584, 585, 591, 594, 596, 597, and 598

Addition of General Licenses for the Official Business of the United States Government and Certain International Organizations and Entities and Updates to the 50 Percent Rule Interpretive in OFAC Sanctions Regulations

AGENCY:

Office of Foreign Assets Control, Treasury.

ACTION:

Final rule.

SUMMARY:

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending its regulations in multiple sanctions programs to add, amend, or update general licenses authorizing official business of the United States government and official business of certain international organizations and entities, and update an interpretation explaining that the property and interests in property of an entity are blocked if one or more blocked persons own, whether individually or in the aggregate, directly or indirectly, a 50 percent or greater interest in the entity. Additionally, OFAC is updating the authority citation of several CFR parts to consolidate or shorten citations to conform to Federal Register requirements.

DATES:

This rule is effective December 21, 2022.

FOR FURTHER INFORMATION CONTACT:

OFAC: Assistant Director for Licensing, 202-622-2480; Assistant Director for Regulatory Affairs, 202-622-4855; or Assistant Director for Sanctions Compliance & Evaluation, 202-622-2490.

SUPPLEMENTARY INFORMATION:

Electronic Availability

This document and additional information concerning OFAC are available on OFAC's website ( www.treas.gov/ofac ).

Background

OFAC, in consultation with the Department of State, is amending regulations in multiple OFAC-administered sanctions programs to generally official business of the United States government, as well as official business of certain international organizations and entities, in multiple sanctions programs OFAC administers. Specifically, OFAC is amending regulations to add a general license authorizing official business of the United States government to the following parts of 31 CFR: 536, 539, 541, 544, 546, 547, 548, 549, 552, 555, 558, 560, 561, 562, 569, 576, 579, 583, 584, 594, 596, 597, and 598. Additionally, OFAC is updating the existing general licenses authorizing official business of the United States government in 31 CFR 510.513 and 542.522, as well as corresponding text in 31 CFR 510.213 and 542.211 to conform to current standards for OFAC general licenses.

OFAC is also adding a general license authorizing official business of certain international organizations and entities to the following parts of 31 CFR: 536, 539, 541, 544, 546, 547, 548, 549, 555, 558, 561, 562, 569, 576, 579, 582, 583, 584, 585, 594, 596, 597, and 598. OFAC is also adding this general license to 31 CFR parts 525 and 591, incorporating into 31 CFR part 525 the existing Burma General License No. 2, which was previously issued on OFAC's website on March 25, 2021, and incorporating into 31 CFR part 591 the existing Venezuela General License No. 20B, which was previously issued on OFAC's website on January 21, 2020. OFAC is also adding this general license to 31 CFR parts 594 and 597, incorporating and expanding into both parts the authorization found in Counter Terrorism General License No. 1, which was previously issued on OFAC's website on April 12, 2006. The aforementioned web general licenses in parts 525, 591, 594, and 597 will be removed from OFAC's website upon final issuance of this rule. Finally, OFAC is updating the existing general license authorizing activities of certain international organizations in 31 CFR parts 510, 551, 552, and 560 to conform to current standards for OFAC general licenses. Based on the foreign policy considerations of each sanctions program, the general licenses may list different sets of international organizations across different programs, and some general licenses exclude funds transfers made with knowledge or reason to know they are intended for blocked persons, unless certain criteria are met.

OFAC is also updating an interpretation in several regulations to explain that the property and interests in property of an entity are blocked if one or more blocked persons own, whether individually or in the aggregate, directly or indirectly, a 50 percent or greater interest in the entity, whether or not the entity itself is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List). This interpretation conforms with current OFAC guidance. The regulatory sections being updated with this interpretation are: §§?541.411, 542.411, 544.411, 546.411, 548.411, 549.411, 558.406, 560.425, 562.406, 576.412, 584.410, 591.406, and 594.412. In addition, relevant cross-references in the notes to the following sections are also being updated: §§?541.301, 542.301, 544.301, 546.302, 548.301, 549.301, 558.301, 560.322, 562.301, 576.301, and 591.301.

Finally, OFAC is updating the authority citations of 31 CFR parts 555, 558, 562, 569, 579, 582, and 591 to consolidate or shorten citations to conform to Federal Register requirements or make other technical updates.

Public Participation

Because the regulations being amended involve a foreign affairs function, the provisions of Executive Order (E.O.) 12866 of September 30, 1993, "Regulatory Planning and Review" (58 FR 51735, October 4, 1993), and the Administrative Procedure Act (5 U.S.C. 553) requiring notice of proposed rulemaking, opportunity for public participation, and delay in effective date, are inapplicable. Because no notice of proposed rulemaking is required for this rule, the Regulatory Flexibility Act (5 U.S.C. 601-612) does not apply.

Paperwork Reduction Act

The collections of information related to 31 CFR parts 510, 525, 536, 539, 541, 542, 544, 546, 547, 548, 549, 551, 552, 555, 558, 560, 561, 562, 569, 576, 579, 582, 583, 584, 585, 591, 594, 596, 597, and 598 are contained in 31 CFR part 501 (the "Reporting, Procedures and Penalties Regulations"). Pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3507), those collections of information have been approved by the Office of Management and Budget (OMB) under control number 1505-0164. The collection of information in 31 CFR 561.504(b) has been approved by OMB under control number 1505-0243. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid control number.

List of Subjects in 31 CFR Parts 510, 525, 536, 539, 541, 542, 544, 546, 547, 548, 549, 551, 552, 555, 558, 560, 561, 562, 569, 576, 579, 582, 583, 584, 585, 591, 594, 596, 597, and 598

For the reasons set forth in the preamble, OFAC amends 31 CFR chapter V as follows:

PART 510-NORTH KOREA SANCTIONS REGULATIONS

1. The authority citation for part 510 continues to read as follows:

Authority:

3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; 22 U.S.C. 287c, 9201-9255; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); Pub. L. 115-44, 131 Stat. 886 (codified in scattered sections of 22 U.S.C.); E.O. 13466, 73 FR 36787, 3 CFR, 2008 Comp., p. 195; E.O. 13551, 75 FR 53837, 3 CFR, 2010 Comp., p. 242; E.O. 13570, 76 FR 22291, 3 CFR, 2011 Comp., p. 233; E.O. 13687, 80 FR 819, 3 CFR, 2015 Comp., p. 259; E.O. 13722, 81 FR 14943, 3 CFR, 2016 Comp., p. 446; E.O. 13810, 82 FR 44705, 3 CFR, 2017 Comp., p. 379.

Subpart B-Prohibitions

§?510.213 [Amended]

2. In §?510.213, in paragraph (e) introductory text, remove the word "Federal" and add in its place "United States" and remove note 3 to paragraph (e).

Subpart E-Licenses, Authorizations, and Statements of Licensing Policy

3. Revise §?510.513 to read as follows:

§?510.513 Official business of the United States Government.

All transactions prohibited by this part that are for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof are authorized.

Note 1 to §?510.513.

Section 510.213(e) exempts transactions for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof to the extent such transactions are subject to the prohibitions contained in §§?510.201(a)(1), (a)(3)(iv) through (vi), and (d), 510.206, and 510.208 through 510.211.

4. Revise §?510.514 to read as follows:

§?510.514 Official business of certain international organizations and entities.

All transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:

(a) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;

(b) The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA);

(c) The African Development Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank Group (IDB Group), including any fund entity administered or established by any of the foregoing;

(d) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies; and

(e) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and Gavi, the Vaccine Alliance.

Note 1 to §?510.514.

Section 510.213(e) exempts transactions for the conduct of the official business of the United Nations by employees, grantees, or contractors thereof to the extent such transactions are subject to the prohibitions contained in §§?510.201(a)(1), (a)(3)(iv) through (vi), and (d), 510.206, and 510.208 through 510.211.

Note 2 to §?510.514.

Separate authorization from the Department of Commerce may be required for the export or reexport of items related to such transactions, if the items are subject to the Export Administration Regulations, 15 CFR parts 730 through 774.

PART 525-BURMA SANCTIONS REGULATIONS

5. The authority citation for part 525 continues to read as follows:

Authority:

3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 14014, 86 FR 9429, February 12, 2021.

Subpart E-Licenses, Authorizations, and Statements of Licensing Policy

6. Add §?525.510 to read as follows:

§?525.510 Official business of certain international organizations and entities.

All transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:

(a) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;

(b) The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA);

(c) The African Development Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank Group (IDB Group), including any fund entity administered or established by any of the foregoing;

(d) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies;

(e) International Development Law Organization (IDLO);

(f) The Association of Southeast Asian Nations (ASEAN);

(g) The Colombo Plan;

(h) The Consultative Group on International Agricultural Research (CGIAR) System Organization and the International Agricultural Research Centers supported by the CGIAR;

(i) The Extractive Industries Transparency Initiative (EITI); and

(j) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and Gavi, the Vaccine Alliance.

PART 536-NARCOTICS TRAFFICKING SANCTION REGULATIONS

7. The authority citation for part 536 continues to read as follows:

Authority:

3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 12978, 60 FR 54579, 3 CFR, 1995 Comp., p. 415; E.O. 13286, 68 FR 10619, 3 CFR, 2003 Comp., p. 166.

Subpart E-Licenses, Authorizations, and Statements of Licensing Policy

8. Add §?536.512 to read as follows:

§?536.512 Official business of the United States Government.

All transactions prohibited by this part that are for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof are authorized.

9. Add §?536.513 to read as follows:

§?536.513 Official business of certain international organizations and entities.

(a) Except as provided in paragraph (b) of this section, all transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:

(1) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;

(2) The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA);

(4) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies; and

(5) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and Gavi, the Vaccine Alliance.

(b) This section does not authorize funds transfers initiated or processed with knowledge or reason to know that the intended beneficiary of such transfers is a person blocked pursuant to this part, other than for the purpose of effecting the payment of taxes, fees, or import duties, or the purchase or receipt of permits, licenses, or public utility services.

PART 539-WEAPONS OF MASS DESTRUCTION TRADE CONTROL REGULATIONS

10. The authority citation for part 539 continues to read as follows:

Authority:

3 U.S.C. 301; 22 U.S.C. 2751-2799aa-2; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 12938; 59 FR 59099; 3 CFR, 1994 Comp., p. 950; E.O. 13094; 63 FR 40803; 3 CFR, 1998 Comp., p. 200; E.O. 13382; 70 FR 38567, 3 CFR, 2005 Comp. p. 170.

Subpart E-Licenses, Authorizations, and Statements of Licensing Policy

11. Revise §?539.504 to read as follows:

§?539.504 Official business of the United States Government.

All transactions prohibited by this part that are for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof are authorized.

12. Add §?539.505 to read as follows:

§?539.505 Official business of certain international organizations and entities.

(a) Except as provided in paragraph (b) of this section, all transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:

(1) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;

(2) The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA);

(3) The African Development Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank Group (IDB Group), including any fund entity administered or established by any of the foregoing;

(4) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies; and

(5) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and Gavi, the Vaccine Alliance.

(b) This section does not authorize funds transfers initiated or processed with knowledge or reason to know that the intended beneficiary of such transfers is a person blocked pursuant to this part, other than for the purpose of effecting the payment of taxes, fees, or import duties, or the purchase or receipt of permits, licenses, or public utility services.

PART 541-ZIMBABWE SANCTIONS REGULATIONS

13. The authority citation for part 541 continues to read as follows:

Authority:

3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13288, 68 FR 11457, 3 CFR, 2003 Comp., p. 186; E.O. 13391, 70 FR 71201, 3 CFR, 2005 Comp., p. 206; E.O. 13469, 73 FR 43841, 3 CFR, 2008 Comp., p. 1025.

Subpart C-General Definitions

§?541.301 [Amended]

14. In §?541.301, designate Note to §?541.301 as Note 1 to §?541.301 and remove the text "50 percent or more owned by a person" and add in its place "directly or indirectly owned, whether individually or in the aggregate, 50 percent or more by one or more persons".

Subpart D-Interpretations

15. Revise §?541.411 to read as follows:

§?541.411 Entities owned by one or more persons whose property and interests in property are blocked.

Persons whose property and interests in property are blocked pursuant to §?541.201 have an interest in all property and interests in property of an entity in which such persons directly or indirectly own, whether individually or in the aggregate, a 50 percent or greater interest. The property and interests in property of such an entity, therefore, are blocked, and such an entity is a person whose property and interests in property are blocked pursuant to §?541.201, regardless of whether the name of the entity is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).

Subpart E-Licenses, Authorizations, and Statements of Licensing Policy

16. Add §?541.510 to read as follows:

§?541.510 Official business of the United States Government.

All transactions prohibited by this part that are for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof are authorized.

17. Add §?541.511 to read as follows:

§?541.511 Official business of certain international organizations and entities.

(a) Except as provided in paragraph (b) of this section, all transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:

(1) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;

(2) The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA);

(3) The African Development Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank Group (IDB Group), including any fund entity administered or established by any of the foregoing;

(4) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies; and

(5) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and Gavi, the Vaccine Alliance.

(b) This section does not authorize funds transfers initiated or processed with knowledge or reason to know that the intended beneficiary of such transfers is a person blocked pursuant to this part, other than for the purpose of effecting the payment of taxes, fees, or import duties, or the purchase or receipt of permits, licenses, or public utility services.

PART 542-SYRIAN SANCTIONS REGULATIONS

18. The authority citation continues to read as follows:

Authority:

Subpart B-Prohibitions

§?542.211 [Amended]

19. In §?542.211, in paragraph (d) introductory text, remove the word "Federal" and add in its place "United States".

Subpart C-General Definitions

§?542.301 [Amended]

20. In §?542.301, designate Note to §?542.301 as Note 1 to §?542.301 and remove the text "50 percent or more owned by a person" and add in its place "directly or indirectly owned, whether individually or in the aggregate, 50 percent or more by one or more persons".

Subpart D-Interpretations

21. Revise §?542.411 to read as follows:

§?542.411 Entities owned by one or more persons whose property and interests in property are blocked.

(a) Persons whose property and interests in property are blocked pursuant to §?542.201 have an interest in all property and interests in property of an entity in which such persons directly or indirectly own, whether individually or in the aggregate, a 50 percent or greater interest. The property and interests in property of such an entity, therefore, are blocked, and such an entity is a person whose property and interests in property are blocked pursuant to §?542.201, regardless of whether the name of the entity is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).

(b) This section, which deals with the consequences of ownership of entities, in no way limits the definition of the Government of Syria in §?542.305, which includes within its definition other persons whose property and interests in property are blocked but who are not on the SDN List.

22. Revise §?542.522 to read as follows:

§?542.522 Official business of the United States Government.

All transactions prohibited by this part that are for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof are authorized.

PART 544-WEAPONS OF MASS DESTRUCTION PROLIFERATORS SANCTIONS REGULATIONS

23. The authority citation for part 544 continues to read as follows:

Authority:

3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 12938, 59 FR 59099, 3 CFR, 1994 Comp., p. 950; E.O. 13094, 63 FR 40803, 3 CFR, 1998 Comp., p. 200; E.O. 13382, 70 FR 38567, 3 CFR, 2005 Comp., p. 170.

Subpart C-General Definitions

§?544.301 [Amended]

24. In §?544.301, designate Note to §?544.301 as Note 1 to §?544.301 and remove the text "50 percent or more owned by a person" and add in its place "directly or indirectly owned, whether individually or in the aggregate, 50 percent or more by one or more persons".

Subpart D-Interpretations

25. Revise §?544.411 to read as follows:

§?544.411 Entities owned by one or more persons whose property and interests in property are blocked.

Persons whose property and interests in property are blocked pursuant to §?544.201 have an interest in all property and interests in property of an entity in which such persons directly or indirectly own, whether individually or in the aggregate, a 50 percent or greater interest. The property and interests in property of such an entity, therefore, are blocked, and such an entity is a person whose property and interests in property are blocked pursuant to §?544.201, regardless of whether the name of the entity is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).

Subpart E-Licenses, Authorizations, and Statements of Licensing Policy

26. Add §?544.510 to read as follows:

§?544.510 Official business of the United States Government.

All transactions prohibited by this part that are for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof are authorized.

27. Add §?544.511 to read as follows:

§?544.511 Official business of certain international organizations and entities.

(a) Except as provided in paragraph (b) of this section, all transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:

(1) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;

(2) The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA);

(3) The African Development Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank Group (IDB Group), including any fund entity administered or established by any of the foregoing;

(4) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies; and

(5) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and Gavi, the Vaccine Alliance.

(b) This section does not authorize funds transfers initiated or processed with knowledge or reason to know that the intended beneficiary of such transfers is a person blocked pursuant to this part, other than for the purpose of effecting the payment of taxes, fees, or import duties, or the purchase or receipt of permits, licenses, or public utility services.

PART 546-DARFUR SANCTIONS REGULATIONS

28. The authority citation for part 546 continues to read as follows:

Authority:

3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13067, 62 FR 59989, 3 CFR, 1997 Comp., p. 230; E.O. 13400, 71 FR 25483, 3 CFR, 2006 Comp., p. 220.

Subpart C-General Definitions

§?546.302 [Amended]

Subpart D-Interpretations

30. Revise §?546.411 to read as follows:

§?546.411 Entities owned by one or more persons whose property and interests in property are blocked.

Persons whose property and interests in property are blocked pursuant to §?546.201 have an interest in all property and interests in property of an entity in which such persons directly or indirectly own, whether individually or in the aggregate, a 50 percent or greater interest. The property and interests in property of such an entity, therefore, are blocked, and such an entity is a person whose property and interests in property are blocked pursuant to §?546.201, regardless of whether the name of the entity is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).

Subpart E-Licenses, Authorizations, and Statements of Licensing Policy

31. Add §?546.509 to read as follows:

§?546.509 Official business of the United States Government.

All transactions prohibited by this part that are for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof are authorized.

32. Add §?546.510 to read as follows:

§?546.510 Official business of certain international organizations and entities.

(a) Except as provided in paragraph (b) of this section, all transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:

(1) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;

(2) The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA);

(3) The African Development Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank Group (IDB Group), including any fund entity administered or established by any of the foregoing;

(4) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies;

(5) The Intergovernmental Authority on Development (IGAD); and

(6) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and Gavi, the Vaccine Alliance.

(b) This section does not authorize funds transfers initiated or processed with knowledge or reason to know that the intended beneficiary of such transfers is a person blocked pursuant to this part, other than for the purpose of effecting the payment of taxes, fees, or import duties, or the purchase or receipt of permits, licenses, or public utility services.

PART 547-DEMOCRATIC REPUBLIC OF THE CONGO SANCTIONS REGULATIONS

33. The authority citation for part 547 continues to read as follows:

Authority:

3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13413, 71 FR 64105, 3 CFR, 2006 Comp., p. 247; E.O. 13671, 79 FR 39949, 3 CFR, 2015 Comp., p. 280.

Subpart E-Licenses, Authorizations, and Statements of Licensing Policy

34. Add §?547.510 to read as follows:

§?547.510 Official business of the United States Government.

All transactions prohibited by this part that are for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof are authorized.

35. Add §?547.511 to read as follows:

§?547.511 Official business of certain international organizations and entities.

All transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:

(a) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;

(b) The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA);

(c) The African Development Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank Group (IDB Group), including any fund entity administered or established by any of the foregoing;

(d) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies;

(e) The Extractive Industries Transparency Initiative (EITI); and

(f) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and Gavi, the Vaccine Alliance.

PART 548-BELARUS SANCTIONS REGULATIONS

36. The authority citation for part 548 is revised to read as follows:

Authority:

3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13405, 71 FR 35485, 3 CFR, 2006 Comp., p. 231.

Subpart C-General Definitions

§?548.301 [Amended]

37. In §?548.301, designate Note to §?548.301 as Note 1 to §?548.301 and remove the text "50 percent or more owned by a person" and add in its place "directly or indirectly owned, whether individually or in the aggregate, 50 percent or more by one or more persons".

Subpart D-Interpretations

38. Revise §?548.411 to read as follows:

§?548.411 Entities owned by one or more persons whose property and interests in property are blocked.

Persons whose property and interests in property are blocked pursuant to §?548.201 have an interest in all property and interests in property of an entity in which such persons directly or indirectly own, whether individually or in the aggregate, a 50 percent or greater interest. The property and interests in property of such an entity, therefore, are blocked, and such an entity is a person whose property and interests in property are blocked pursuant to §?548.201, regardless of whether the name of the entity is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).

Subpart E-Licenses, Authorizations, and Statements of Licensing Policy

39. Add §?548.509 to read as follows:

§?548.509 Official business of the United States Government.

All transactions prohibited by this part that are for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof are authorized.

40. Add §?548.510 to read as follows:

All transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:

(a) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;

(b) The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA);

(c) The African Development Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank Group (IDB Group), including any fund entity administered or established by any of the foregoing;

(d) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies; and

(e) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and Gavi, the Vaccine Alliance.

PART 549-LEBANON SANCTIONS REGULATIONS

41. The authority citation for part 549 continues to read as follows:

Authority:

3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13441, 72 FR 43499, 3 CFR, 2008 Comp., p. 232.

Subpart C-General Definitions

§?549.301 [Amended]

42. In §?549.301, designate Note to §?549.301 as Note 1 to §?549.301 and remove the text "50 percent or more owned by a person" and add in its place "directly or indirectly owned, whether individually or in the aggregate, 50 percent or more by one or more persons".

Subpart D-Interpretations

43. Revise §?549.411 to read as follows:

§?549.411 Entities owned by one or more persons whose property and interests in property are blocked.

Persons whose property and interests in property are blocked pursuant to §?549.201 have an interest in all property and interests in property of an entity in which such persons directly or indirectly own, whether individually or in the aggregate, a 50 percent or greater interest. The property and interests in property of such an entity, therefore, are blocked, and such an entity is a person whose property and interests in property are blocked pursuant to §?549.201, regardless of whether the name of the entity is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).

Subpart E-Licenses, Authorizations, and Statements of Licensing Policy

44. Add §?549.509 to read as follows:

§?549.509 Official business of the United States Government.

All transactions prohibited by this part that are for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof are authorized.

45. Add §?549.510 to read as follows:

§?549.510 Official business of certain international organizations and entities.

(a) Except as provided in paragraph (b) of this section, all transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:

(1) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;

(2) The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA);

(3) The African Development Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank Group (IDB Group), including any fund entity administered or established by any of the foregoing;

(4) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies;

(5) The Arab Monetary Fund and the Islamic Development Bank; and

(6) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and Gavi, the Vaccine Alliance.

(b) This section does not authorize funds transfers initiated or processed with knowledge or reason to know that the intended beneficiary of such transfers is a person blocked pursuant to this part, other than for the purpose of effecting the payment of taxes, fees, or import duties, or the purchase or receipt of permits, licenses, or public utility services.

PART 551-SOMALIA SANCTIONS REGULATIONS

46. The authority citation for part 551 continues to read as follows:

Authority:

3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13536, 75 FR 19869, 3 CFR, 2010 Comp., p. 203; E.O. 13620, 77 FR 43483, 3 CFR, 2012 Comp., p. 281.

Subpart E-Licenses, Authorizations, and Statements of Licensing Policy

47. Revise §?551.511 to read as follows:

§?551.511 Official business of certain international organizations and entities.

All transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:

(a) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;

(b) The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA);

(c) The African Development Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank Group (IDB Group), including any fund entity administered or established by any of the foregoing;

(d) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies;

(e) Gavi, the Vaccine Alliance; and

(f) The Intergovernmental Authority on Development (IGAD).

PART 552-YEMEN SANCTIONS REGULATIONS

48. The authority citation continues to read as follows:

Authority:

3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13611, 77 FR 29533, 3 CFR, 2012 Comp., p. 260.

Subpart E-Licenses, Authorizations, and Statements of Licensing Policy

§?552.510 [Redesignated as §?552.511]

49. Redesignate §?552.510 as §?552.511.

50. Add new §?552.510 to read as follows:

All transactions prohibited by this part that are for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof are authorized.

51. Revise newly redesignated §?552.511 to read as follows:

§?552.511 Official business of certain international organizations and entities.

All transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:

(a) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;

(b) The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA);

(c) The African Development Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank Group (IDB Group), including any fund entity administered or established by any of the foregoing;

(d) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies; and

(e) The Arab Monetary Fund and the Islamic Development Bank; and

(f) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and Gavi, the Vaccine Alliance.

PART 555-MALI SANCTIONS REGULATIONS

52. The authority citation for part 555 is revised to read as follows:

Authority:

3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13882, 84 FR 37055, 3 CFR, 2019 Comp., p. 346.

Subpart E-Licenses, Authorizations, and Statements of Licensing Policy

53. Add §?555.509 to read as follows:

§?555.509 Official business of the United States Government.

All transactions prohibited by this part that are for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof are authorized.

54. Add §?555.510 to read as follows:

§?555.510 Official business of certain international organizations and entities.

All transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:

(a) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;

(b) The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA);

(c) The African Development Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank Group (IDB Group), including any fund entity administered or established by any of the foregoing;

(d) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies; and

(e) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and Gavi, the Vaccine Alliance.

PART 558-SOUTH SUDAN SANCTIONS REGULATIONS

55. The authority citation for part 558 is revised to read as follows:

Authority:

3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13664, 79 FR 19283, 3 CFR, 2014 Comp., p. 238.

Subpart C-General Definitions

§?558.301 [Amended]

56. In §?558.301, designate Note to §?558.301 as Note 1 to §?558.301 and remove the text "50 percent or more owned by a person" and add in its place "directly or indirectly owned, whether individually or in the aggregate, 50 percent or more by one or more persons".

Subpart D-Interpretations

57. Revise §?558.406 to read as follows:

§?558.406 Entities owned by one or more persons whose property and interests in property are blocked.

Persons whose property and interests in property are blocked pursuant to §?558.201 have an interest in all property and interests in property of an entity in which such persons directly or indirectly own, whether individually or in the aggregate, a 50 percent or greater interest. The property and interests in property of such an entity, therefore, are blocked, and such an entity is a person whose property and interests in property are blocked pursuant to §?558.201, regardless of whether the name of the entity is incorporated into OFAC's Specially Designated Nationals and Blocked Persons List (SDN List).

Subpart E-Licenses, Authorizations, and Statements of Licensing Policy

58. Add §?558.509 to read as follows:

§?558.509 Official business of the United States Government.

All transactions prohibited by this part that are for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof are authorized.

59. Add §?558.510 to read as follows:

§?558.510 Official business of certain international organizations and entities.