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And now we’ve got OFAC’s Burma Sanctions Regulations

Publication of Burma Sanctions Regulations

Release date 05/28/2021

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing the Burma Sanctions Regulations to implement Executive Order 14014 of February 10, 2021, “Blocking Property With Respect to the Situation in Burma.” These regulations are currently available for public inspection with the Federal Register and will take effect upon publication in the Federal Register on Tuesday, June 1, 2021. OFAC intends to supplement this part 525 with a more comprehensive set of regulations, which may include additional interpretive and definitional guidance, general licenses, and other regulatory provisions.

Links:

OFAC Notice

Burma Sanctions Regulations

Categories: Burma Sanctions OFAC Updates Sanctions Regulations

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