2025-13835: Publication of Global Terrorism Sanctions Regulations Web General License 33
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The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Global Terrorism Sanctions Regulations: GL 33, which was previously made available on OFAC's website.
The agency’s own summary, as published.
The rule, in full
400 words as published, July 23, 2025. View the original →
Federal Register, Volume 90 Issue 139 (Wednesday, July 23, 2025) [Federal Register Volume 90, Number 139 (Wednesday, July 23, 2025)] [Rules and Regulations] [Page 34600] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 2025-13835] ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 594 Publication of Global Terrorism Sanctions Regulations Web General License 33
Agency
Office of Foreign Assets Control, Treasury.
Action
Publication of a web general license. -----------------------------------------------------------------------
Summary
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Global Terrorism Sanctions Regulations: GL 33, which was previously made available on OFAC's website.
Dates
GL 33 was issued on April 17, 2025. See SUPPLEMENTARY INFORMATION for additional relevant dates.
For Further Information Contact
OFAC: Assistant Director for Regulatory Affairs, 202-622-4855; or https://ofac.treasury.gov/contact-ofac.
Supplementary Information
Electronic Availability This document and additional information concerning OFAC are available on OFAC's website: https://ofac.treasury.gov. Background On April 17, 2025, OFAC issued GL 33 to authorize certain transactions otherwise prohibited by the Global Terrorism Sanctions Regulations, 31 CFR part 594. This GL was made available on OFAC's website (https://ofac.treasury.gov) when it was issued. The text of this GL is provided below. OFFICE OF FOREIGN ASSETS CONTROL Global Terrorism Sanctions Regulations 31 CFR Part 594 GENERAL LICENSE NO. 33 Authorizing the Wind Down of Transactions Involving International Bank of Yemen (IBY) (a) Except as provided in paragraph (b) of this general license, all transactions prohibited by the Global Terrorism Sanctions Regulations, 31 CFR part 594 (GTSR), that are ordinarily incident and necessary to the wind down of any transaction involving International Bank of Yemen (IBY), or any entity in which IBY owns, directly or indirectly, a 50 percent or greater interest, are authorized through 12:01 a.m. eastern daylight time, May 17, 2025, provided that any payment to a blocked person is made into a blocked account in accordance with the GTSR. (b) This general license does not authorize any transactions otherwise prohibited by the GTSR, including transactions involving any person blocked pursuant to the GTSR other than the blocked persons described in paragraph (a) of this general license, unless separately authorized. Lisa M. Palluconi, Acting Director. Office of Foreign Assets Control. Dated: April 17, 2025. Lisa M. Palluconi, Acting Director, Office of Foreign Assets Control. [FR Doc. 2025-13835 Filed 7-22-25; 8:45 am] BILLING CODE 4810-AL-P
What this changes
Amends 1 part of the Code of Federal Regulations — the standing rules this notice rewrites.
Documents
- Full text (Federal Register) · July 23, 2025
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