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Treasury published new Sanctions Penalties Regulations consolidating OFAC enforcement procedures and penalties from over 100 subparts of 31 CFR chapter V, and amended the Terrorism List Governments Sanctions Regulations to remove a Syria-specific general license following the rescission of Syria's State Sponsor of Terrorism designation.

Published

Why it matters

First publication of a standalone Sanctions Penalties Regulations part consolidating OFAC enforcement procedures and penalties from over 100 existing subparts across 31 CFR chapter V — no comparable consolidated penalty-framework rulemaking in the 90-day baseline.

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