Treasury publishes existing sector determination for sanctions
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Table of Contents
The Treasury Department’s Office of Foreign Assets Control (OFAC) is publishing a sector determination in the Federal Register. This action follows a January 10, 2020, Executive Order.
Why it matters: This is primarily an administrative housekeeping action. It ensures that a decision already made and published online is also available in the Federal Register, which is the standard legal repository for federal rules and determinations. It does not change the current status of any entities or sectors.
Who it affects
- Compliance officers and legal teams who track OFAC determinations in the Federal Register
The source is the Federal Register, published by the Treasury Department, Office of Foreign Assets Control; readers should consult the original OFAC website for the full text of the determination and any specific conditions attached to it.
Agency: Treasury Department, Foreign Assets Control Office
Source: Federal Register — read the official document