U.S. rule amending Belarus Sanctions Regulations
U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) final rule
U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) final rule
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) today released for publication in the Federal Register a final rule amending and reissuing the Belarus Sanctions Regulations.
The final rule [PDF 362 KB] (45 pages):
- Implements an August 2021 Belarus-related executive order—read TradeNewsFlash
- Incorporates a directive regarding sovereign debt issued pursuant to the August 2021 executive order
- Updates and adds new definitions
- Updates and adds general licenses
- Updates interpretative guidance
Read a related Treasury release
For more information, contact a professional with KPMG Trade & Customs services:
Doug Zuvich |
John L. McLoughlin |
Andy Siciliano |
Steve Brotherton |
Luis (Lou) Abad |
Irina Vaysfeld |
Amie Ahanchian |
Christopher Young |
Gisele Belotto |
George Zaharatos |
Andy Doornaert |
Jessica Libby Principal E: jlibby@kpmg.com |
| John Anderson Managing Director E: johneanderson@kpmg.com |
Jenna Leigh Glass Managing Director E: jennaleighglass@kpmg.com |
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.