U.S. rules amending Central African Republic sanctions regulations and Western Balkans stabilization regulations

Final rules amending sanctions regulations and stabilization regulations, reissuing them in their entirety

Western Balkans stabilization regulations

28 September 2022

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) today released for publication in the Federal Register final rules amending sanctions regulations and stabilization regulations, reissuing them in their entirety.

The amended Central African Republic sanctions regulations [PDF 330 KB] (43 pages) are a more comprehensive set of regulations that includes additional interpretive guidance and definitions, general licenses, and other regulatory provisions that will provide further guidance to the public. The final rule replaces regulations that were published in abbreviated form in July 2014.
The amended Western Balkans stabilization regulations [PDF 349 KB] (41 pages) further implement a June 2001 executive order and a May 2003 executive order related to the Western Balkans, and implement a June 2021 Western Balkans-related executive order. The final rule replaces the regulations that were amended and reissued in June 2011, and includes additional interpretive guidance and definitions, general licenses, and other regulatory provisions that provide further guidance to the public. Due to the number of regulatory sections being updated or added, OFAC reissued the Western Balkans stabilization regulations in their entirety.

For more information, contact a professional with KPMG’s Trade & Customs services:

Doug Zuvich Partner and Global Practice Leader E: dzuvich@kpmg.com	John L. McLoughlin Principal and East Coast Leader E: jlmcloughlin@kpmg.com
Andy Siciliano Partner and National Practice Leader E: asiciliano@kpmg.com	Steve Brotherton Principal and Global Export and Sanctions Leader E: sbrotherton@kpmg.com
Luis (Lou) Abad Principal, Washington National Tax E: labad@kpmg.com	Irina Vaysfeld Principal E: ivaysfeld@kpmg.com
Amie Ahanchian Principal E: aahanchian@kpmg.com	Christopher Young Principal E: christopheryoung@kpmg.com
Gisele Belotto Principal E: gbelotto@kpmg.com	George Zaharatos Principal E: gzaharatos@kpmg.com
Andy Doornaert Managing Director E: adoornaert@kpmg.com	Jessica Libby Principal E: jlibby@kpmg.com

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