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Rule2022-276392022-12-21

Addition of General Licenses to OFAC Sanctions Regulations for Certain Transactions of Nongovernmental Organizations and Related to Agricultural Commodities, Medicine, Medical Devices, Replacement Parts and Components, or Software Updates for Medical Devices

Treasury Department, Foreign Assets Control Office

Abstract

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending its regulations in multiple sanctions programs to add general licenses authorizing certain transactions of nongovernmental organizations and certain transactions related to the provision of agricultural commodities, medicine, medical devices, replacement parts and components, or software updates.

Action & Dates

Action
Final rule.
Dates
This rule is effective December 21, 2022.
Effective Date
2022-12-21

CFR References

31 CFR Part 53631 CFR Part 53931 CFR Part 54131 CFR Part 54431 CFR Part 54631 CFR Part 54731 CFR Part 54831 CFR Part 54931 CFR Part 55131 CFR Part 55231 CFR Part 55331 CFR Part 55531 CFR Part 55831 CFR Part 56231 CFR Part 56931 CFR Part 57031 CFR Part 57631 CFR Part 57831 CFR Part 57931 CFR Part 58231 CFR Part 58331 CFR Part 58431 CFR Part 58531 CFR Part 58831 CFR Part 59031 CFR Part 59431 CFR Part 59731 CFR Part 59831 CFR Part 599

Topics

Administrative practice and procedureAgricultural commoditiesCreditForeign tradeMedical devicesPenaltiesReporting and recordkeeping requirementsSecuritiesServices

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 Parts 536, 539, 541, 544, 546, 547, 548, 549, 551, 552, 553, 555, 558, 562, 569, 570, 576, 578, 579, 582, 583, 584, 585, 588, 590, 594, 597, 598, and 599 AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Final rule. SUMMARY: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending its regulations in multiple sanctions programs to add general licenses authorizing certain transactions of nongovernmental organizations and certain transactions related to the provision of agricultural commodities, medicine, medical devices, replacement parts and components, or software updates. DATES: This rule is effective December 21, 2022. 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.treas.gov/​ofac ). Background OFAC, in consultation with the Department of State, is amending regulations in multiple OFAC-administered sanctions programs to generally license certain transactions of nongovernmental organizations (NGOs), as well as certain transactions related to the exportation or reexportation of agricultural commodities, medicine, medical devices, replacement parts and…

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Citation: 87 FR 78484

Addition of General Licenses to OFAC Sanctions Regulations for Certain Transactions of Nongovernmental Organizations and Related to Agricultural Commodities, Medicine, Medical Devices, Replacement Parts and Components, or Software Updates for Medical Devices — Federal Register 2022-27639 | Open Gov by Base