Treasury Greenlights Some Russia Biz Amid Sanctions Tango
Published Date: 7/23/2025
Rule
Summary
The Treasury’s OFAC just made General License 13N official, letting certain folks do specific business with Russia without breaking the rules. This update affects companies and people dealing with Russian entities under sanctions, giving clear permission to keep some activities going. It’s all about keeping things legal and smooth, with no surprise fines if you follow the new guidelines.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
OFAC Publishes General License 13N
The Treasury Department's Office of Foreign Assets Control (OFAC) published General License 13N under the Russian Harmful Foreign Activities Sanctions Regulations. The license, previously posted on OFAC's website, provides official authorization for certain people and companies to engage in specified transactions with Russian-related parties without violating those sanctions.
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Related Federal Register Documents
2026-16573, Notice of OFAC Sanctions Action
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
2026-16153, Notice of OFAC Sanctions Actions
The U.S. Treasury’s OFAC updated its sanctions list by unblocking one company and two aircraft, meaning their U.S. assets are now free to use. Meanwhile, they updated info on a person from Iraq who remains blocked, keeping their assets frozen. These changes took effect on August 5, 2026, impacting who can access money or property under U.S. rules.
2026-15996, Notice of OFAC Sanctions Action
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
2026-15849, Notice of OFAC Sanctions Action
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons and vessels that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them. The vessels placed on the SDN List have been identified as property in which a blocked person has an interest.
2026-15785, Notice of OFAC Sanctions Action
On July 30, 2026, OFAC lifted sanctions on Cagri Duransoy, unblocking his property and allowing normal dealings again. At the same time, OFAC added new people, like Xin Tang from China, to the sanctions list, freezing their U.S.-based assets and banning U.S. folks from doing business with them. These moves shake up who can and can’t access money or property under U.S. rules, effective immediately.
2026-15356, Notice of OFAC Sanctions Action
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Previous / Next Documents
Previous: 2025-13836, Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General Licenses 55D and 115B
The Treasury’s OFAC just made official two important licenses, 55D and 115B, that help guide what’s allowed under the Russian sanctions rules. These updates affect businesses and people dealing with Russia, clarifying what’s okay and what’s not, especially around money moves and timing. If you’re involved in these areas, now’s the time to check the new rules and stay on the right side of the law!
Next: 2025-13843, Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 13M
The Treasury’s Office of Foreign Assets Control just made General License 13M official in the Federal Register. This update affects people and businesses dealing with certain Russian activities by clarifying what’s allowed and what’s not, helping everyone stay on the right side of the rules. If you’re involved, keep an eye on the timing and money limits to avoid any trouble!