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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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!
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