meta_id 3306721

On July 8, 2026, the Department of the Treasury's Office of Foreign Assets Control (OFAC) issued an amended Russia-related General License 13R, titled "Authorizing Certain Administrative Transactions Prohibited by Directive 4 under Executive Order 14024." General License 13R authorizes specified administrative transactions related to Russia that would otherwise be prohibited under Directive 4 of Executive Order 14024. The license permits U.S. persons and entities to conduct certain limited administrative activities in relation to Russian sanctions programs. This includes transactions necessary for the orderly wind-down of operations, maintenance of existing accounts, and other administrative functions that do not involve the provision of new services or the expansion of business relationships with sanctioned Russian entities or individuals. The amendment reflects OFAC's ongoing effort to clarify and refine sanctions compliance requirements for U.S. persons and financial institutions operating under Russia-related sanctions programs. By issuing this general license, OFAC provides regulated entities with explicit authorization to conduct necessary administrative activities without requiring individual license applications, thereby streamlining compliance procedures. Concurrently, OFAC amended two associated Russia-related Frequently Asked Questions: FAQ 999 and FAQ 1118. These amendments provide additional guidance and clarification on the scope and application of General License 13R, addressing common compliance questions from financial institutions, businesses, and other U.S. persons subject to Russia-related sanctions. The general license and updated FAQs are effective immediately and available on OFAC's website. U.S. persons and entities engaged in transactions potentially affected by Russia-related sanctions should review the amended license and guidance to ensure ongoing compliance with OFAC regulations.