# 2026-00952: Treasury Eases Sanctions for Russian Banks in Hungarian Nuke Deal

2026-00952, Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 132, is a Federal Register rule from Treasury Department, Foreign Assets Control Office published 2026-01-20, effective 2025-11-21 (as of 2026-06-11).

- Canonical: https://policyrisk.com/federal-register/2026-00952
- As of: 2026-06-11
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-00952
- Title: Publication of Russian Harmful Foreign Activities Sanctions Regulations Web General License 132
- Type: Rule
- Agencies: Treasury Department; Foreign Assets Control Office
- Citation: 91 FR 2302
- Published: 2026-01-20
- Effective: 2025-11-21
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-11

## In one line

Treasury Eases Sanctions for Russian Banks in Hungarian Nuke Deal

## Summary

The U.S. Treasury just made it official: certain business deals linked to Hungary’s Paks II nuclear power plant and some big Russian banks are now allowed, even though they were usually banned. This change, effective since November 21, 2025, lets companies work on this project without breaking sanctions, opening doors for specific financial moves involving major Russian banks. If you’re involved in these transactions, keep an eye on the rules to stay in the clear!

## Abstract

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Russian Harmful Foreign Activities Sanctions Regulations: GL 132, which was previously made available on OFAC's website.

## Effects PRIA read

- Sanctions Authorization for Paks II Deals: benefit, medium. GL 132, issued November 21, 2025, authorizes transactions otherwise prohibited by Executive Order 14024 that involve the Paks II civil nuclear power plant project in Hungary. The license specifically authorizes transactions involving one or more of these listed entities: Gazprombank; Vnesheconomban…
- Key Transactions Remain Prohibited: cost, medium. GL 132 does not authorize certain activities: (1) opening or maintaining a correspondent or payable-through account for or on behalf of any entity subject to Directive 2 under E.O. 14024; (2) any debit to an account on the books of a U.S. financial institution of the Central Bank of the Russian Fed…

## Related documents

- [2026-20683](https://policyrisk.com/federal-register/2026-20683): Notice of OFAC Sanctions Actions, 2026-10-08
- [2026-20526](https://policyrisk.com/federal-register/2026-20526): Notice of OFAC Sanctions Actions, 2026-10-07
- [2026-20525](https://policyrisk.com/federal-register/2026-20525): Notice of OFAC Sanctions Action, 2026-10-07
- [2026-20475](https://policyrisk.com/federal-register/2026-20475): Notice of OFAC Sanctions Action, 2026-10-06
- [2026-20425](https://policyrisk.com/federal-register/2026-20425): Notice of OFAC Sanctions Action, 2026-10-06
- [2026-20395](https://policyrisk.com/federal-register/2026-20395): Notice of OFAC Sanctions Action, 2026-10-06

## Sources
- [2026-00952 on federalregister.gov](https://www.federalregister.gov/documents/2026/01/20/2026-00952/publication-of-russian-harmful-foreign-activities-sanctions-regulations-web-general-license-132)
- [2026-00952 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-01-20/pdf/2026-00952.pdf)

## Related
- [Previous: 2026-00948, Publication of Transnational Criminal Organizations Sanctions Regulations Web G…](https://policyrisk.com/federal-register/2026-00948)
- [Next: 2026-00960, Wireless Emergency Alerts and the Emergency Alert System](https://policyrisk.com/federal-register/2026-00960)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-00952 (as of 2026-06-11).
