OFAC Amends and Reissues More Comprehensive Somalia Sanctions Regulations | Cozen O'Connor
To embed, copy and paste the code into your website or blog: In a final rule issued last week, the U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) has amended and reissued the Somalia Sanctions Regulations, which can be found in 31 C.F.R. Part 551. The final rule incorporates Executive Order 13536, (“Blocking Property of Certain Persons Contributing to the Conflict in Somalia”) and Executive Order 13620 (“Taking Additional Steps to Address the National Emergency With Respect to Somalia”), and replaces an abbreviated version of the regulations published in Ma...