Today’s OFAC Action includes the publication of Russia-Related General License 13P, which extends the expiration date of the GL from January 9th to April 9th:

OFAC also updated two Frequently-Asked Questions (FAQs) to refer to the new version of the GL – 999:

999. What authorizations exist for entities subject to Directive 4 under Executive Order (E.O.) 14024, “Prohibitions Related to Transactions Involving the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, and the Ministry of Finance of the Russian Federation,” as amended (Russia-related Sovereign Transactions Directive)?

and 1118:

1118. As of December 2022, the Government of the Russian Federation may require a so-called “exit tax” payment prior to the divestment of assets located in the Russian Federation, potentially requiring transactions involving the Central Bank of the Russian Federation or the Ministry of Finance of the Russian Federation. Do U.S. sanctions prohibit the payment of this so-called “exit tax”? Does Russia-related General License (GL) 13P authorize transactions that involve the payment of this exit tax?