Russia-related designations and updates; Russia-related General Licenses

OFAC has posted a Notice announcing new Russia-related General License 79, "Authorizing the Wind Down of Transactions Involving Certain Entities Blocked on December 12, 2023," and Russia-related General License 80, "Authorizing Certain Transactions Related to Debt or Equity of, or Derivative Contracts Involving, Highland Gold Mining Limited."

OFAC also updated its Specially Designated Nationals and Blocked Persons List as detailed in the Notice.