Base
Rule2010-98292010-05-05

Somalia Sanctions Regulations

Treasury Department, Foreign Assets Control Office

Abstract

The Department of the Treasury's Office of Foreign Assets Control ("OFAC") is issuing regulations with respect to Somalia to implement Executive Order 13536 of April 12, 2010. OFAC intends to supplement this part 551 with a more comprehensive set of regulations, which may include additional interpretive and definitional guidance and additional general licenses and statements of licensing policy.

Action & Dates

Action
Final Rule.
Dates
Effective Date: May 5, 2010.
Effective Date
2010-05-05

CFR References

Topics

Administrative practice and procedureBanks, bankingBlocking of assetsCreditServicesSomalia

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of the Treasury Office of Foreign Assets Control 31 CFR Part 551 AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Final Rule. SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (“OFAC”) is issuing regulations with respect to Somalia to implement Executive Order 13536 of April 12, 2010. OFAC intends to supplement this part 551 with a more comprehensive set of regulations, which may include additional interpretive and definitional guidance and additional general licenses and statements of licensing policy. DATES: Effective Date: May 5, 2010. FOR FURTHER INFORMATION CONTACT: Assistant Director for Compliance, Outreach & Implementation, tel.: 202/622-2490, Assistant Director for Licensing, tel.: 202/622-2480, Assistant Director for Policy, tel.: 202/622-4855, Office of Foreign Assets Control, or Chief Counsel (Foreign Assets Control), tel.: 202/622-2410, Office of the General Counsel, Department of the Treasury (not toll free numbers). SUPPLEMENTARY INFORMATION: Electronic and Facsimile Availability This document and additional information concerning OFAC are available from OFAC's Web site ( http://www.treas.gov/​ofac ). Certain general information pertaining to OFAC's sanctions programs also is available via facsimile through a 24-hour fax-on-demand service, tel.: 202/622-0077. Background On April 12, 2010, the President, invoking the authority of, inter alia, the International Emergency Economic Powers Act ( 50

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Full Document

Citation: 75 FR 24394