OFAC Extends General License Related to Russian Bank
The Office of Foreign Assets Control this week renewed a general license that authorizes certain transactions with Russia-based Public Joint Stock Company Transkapitalbank. General License 28A, which replaces GL 28, renews the authorization through 12:01 a.m. EST Jan. 18, 2023,…
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for transactions with TKB and its majority-owned subsidiaries if those transactions are destined for or originating from Afghanistan. The license was scheduled to expire Oct. 20 (see 2204200055).