Yes. GL 8L, which authorizes the wind-down of energy related transactions involving specified Russian financial institutions, remains in effect until 12:01 a.m. eastern daylight time, March 12, 2025, unless renewed. However, GL 8L does not authorize any transactions prohibited by E.O. 14066 (see FAQs 976-978 and 1010-1012).
Updated: January 10, 2025