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Rule2020-122002020-06-05

Syria-Related Sanctions Regulations

Treasury Department, Foreign Assets Control Office

Abstract

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is adding regulations to implement Executive Order 13894 of October 14, 2019 ("Blocking Property and Suspending Entry of Certain Persons Contributing to the Situation in Syria"). OFAC intends to supplement these regulations with a more comprehensive set of regulations, which may include additional interpretive and definitional guidance, general licenses, and statements of licensing policy.

Action & Dates

Action
Final rule.
Dates
This rule is effective June 5, 2020.
Effective Date
2020-06-05

CFR References

Topics

Administrative practice and procedureBanks, bankingBlocking of assetsPenaltiesReporting and recordkeeping requirementsSyriaTurkey

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 569 AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Final rule. SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is adding regulations to implement Executive Order 13894 of October 14, 2019 (“Blocking Property and Suspending Entry of Certain Persons Contributing to the Situation in Syria”). OFAC intends to supplement these regulations with a more comprehensive set of regulations, which may include additional interpretive and definitional guidance, general licenses, and statements of licensing policy. DATES: This rule is effective June 5, 2020. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Licensing, 202-622-2480; Assistant Director for Regulatory Affairs, 202-622-4855; or Assistant Director for Sanctions Compliance & Evaluation, 202-622-2490. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available on OFAC's website ( www.treasury.gov/​ofac ). Background On October 14, 2019, the President, invoking the authority of, inter alia, the International Emergency Economic Powers Act ( 50 U.S.C. 1701-1706 ) (IEEPA), issued Executive Order 13894 ( 84 FR 55851 , October 17, 2019) ( E.O. 13894 ). In E.O. 13894 , the President determined that the situation in and in relation to Syria, and in particular the recent actions by the Government of Turkey to conduct a military of

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Full Document

Citation: 85 FR 34510

Syria-Related Sanctions Regulations — Federal Register 2020-12200 | Open Gov by Base