On May 19, 2021, the US Department of the Treasury’s Office of Foreign Assets Control amended the Terrorism List Governments Sanctions Regulations, 31 CFR part 596, to rescind Sudan’s designation as a State Sponsor of Terrorism. OFAC has removed one general license in full and amended another to ensure that financial transactions involving the Government of Sudan and Sudanese nationals are no longer prohibited under the Terrorism List Governments Sanctions Regulations. The regulation is effective on May 20, 2021 upon publication in the Federal Register.
May 20, 2021
OFAC amends Sudan Sanctions Regulations following rescission of State Sponsor of Terrorism designation for Sudan
Related by Topic
New Post
OFAC designates individuals and entities in Mexico involved in cartel-related timeshare fraud
July 18, 2024
News Alert
New Post
U.S. designates research company for supporting chemical weapons research and development in Iran
July 17, 2024
News Alert