Inflation Adjustment of Civil Monetary Penalties, 27714-27719 [2019-12475]

Download as PDF 27714 Federal Register / Vol. 84, No. 115 / Friday, June 14, 2019 / Rules and Regulations Rate set * For plans with a valuation date On or after Before Immediate annuity rate (percent) * * 8–1–19 0.75 309 7–1–19 3. In appendix C to part 4022, Rate Set 309 is added at the end of the table to read as follows: ■ * * Before * * 8–1–19 0.75 4. The authority citation for part 4044 continues to read as follows: * * July–September 2019 ............................... Issued in Washington, DC. Hilary Duke, Assistant General Counsel, Pension Benefit Guaranty Corporation. [FR Doc. 2019–12455 Filed 6–13–19; 8:45 am] BILLING CODE 7709–02–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Parts 501, 510, 535, 536, 539, 541, 542, 544, 546, 547, 548, 549, 560, 561, 566, 576, 583, 584, 588, 592, 594, 595, 597, and 598 Inflation Adjustment of Civil Monetary Penalties Office of Foreign Assets Control, Treasury. ACTION: Final rule. AGENCY: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing this final rule to adjust certain civil monetary penalties (CMPs) for inflation pursuant to the Federal Civil Penalties Inflation 16:06 Jun 13, 2019 Jkt 247001 n1 4.00 * 4.00 4.00 * n2 * 7 8 n1 n2 * Deferred annuities (percent) i1 i2 i3 4.00 * 4.00 4.00 * * * 7 8 Authority: 29 U.S.C. 1301(a), 1302(b)(3), 1341, 1344, 1362. Appendix B to Part 4044—Interest Rates Used to Value Benefits 5. In appendix B to part 4044, an entry for ‘‘July–September 2019’’ is added at the end of the table to read as follows: * * * * * The values of it are: For valuation dates occurring in the month— SUMMARY: i3 ■ ■ jbell on DSK3GLQ082PROD with RULES * On or after PART 4044—ALLOCATION OF ASSETS IN SINGLE-EMPLOYER PLANS VerDate Sep<11>2014 * Immediate annuity rate (percent) 7–1–19 i2 * For plans with a valuation date 309 i1 Appendix C to Part 4022—Lump Sum Interest Rates for Private-Sector Payments * Rate set Deferred annuities (percent) it for t = * 0.0292 1–25 it * for t = * 0.0307 Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 and the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. DATES: Effective: June 14, 2019. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Licensing, 202–622–2480; Assistant Director for Regulatory Affairs, 202–622–4855; Assistant Director for Sanctions Compliance & Evaluation, 202–622– 2490; or the Department of the Treasury’s Office of the Chief Counsel (Foreign Assets Control), Office of the General Counsel, 202–622–2410. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available from OFAC’s website (www.treasury.gov/ofac). Background Section 4 of the Federal Civil Penalties Inflation Adjustment Act (1990 Pub. L. 101–410, 104 Stat. 890; 28 U.S.C. 2461 note), as amended by the PO 00000 Frm 00012 Fmt 4700 Sfmt 4700 it * >25 for t = * N/A N/A Debt Collection Improvement Act of 1996 (Pub. L. 104–134, 110 Stat. 1321– 373) and the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (Pub. L. 114–74, 129 Stat. 599, 28 U.S.C. 2461 note) (collectively, the FCPIA Act), requires each federal agency with statutory authority to assess civil monetary penalties (CMPs) to adjust CMPs annually for inflation according to a formula described in section 5 of the FCPIA Act. One purpose of the FCPIA Act is to ensure that CMPs continue to maintain their deterrent effect through periodic cost-of-living based adjustments. OFAC has adjusted its CMPs three times since the Federal Civil Penalties Inflation Adjustment Act Improvements Act went into effect on November 2, 2015: An initial catch-up adjustment on August 1, 2016 (81 FR 43070, July 1, 2016), and annual adjustments on February 10, 2017 (82 FR 10434, February 10, 2017), and March 19, 2018 (83 FR 11876, March 19, 2018). E:\FR\FM\14JNR1.SGM 14JNR1 Federal Register / Vol. 84, No. 115 / Friday, June 14, 2019 / Rules and Regulations Method of Calculation The method of calculating CMP adjustments applied in this final rule is required by the FCPIA Act. Under the FCPIA Act and the Office of Management and Budget guidance required by the FCPIA Act, annual inflation adjustments subsequent to the initial catch-up adjustment are to be based on the percent change between the Consumer Price Index for all Urban Consumers (‘‘CPI–U’’) for the October preceding the date of the adjustment and the prior year’s October CPI–U. As set forth in Office of Management and Budget Memorandum M–19–04 of December 14, 2018, the adjustment multiplier for 2019 is 1.02522. In order to complete the 2019 annual adjustment, each current CMP is multiplied by the 2019 adjustment multiplier. Under the FCPIA Act, any increase in CMP must be rounded to the nearest multiple of $1. New Penalty Amounts OFAC currently is authorized to impose CMPs pursuant to five statutes: The Trading With the Enemy Act (50 U.S.C. 4301–4341, at 4315) (TWEA); the International Emergency Economic Powers Act (50 U.S.C. 1701–1706, at 1705) (IEEPA); the Antiterrorism and Effective Death Penalty Act of 1996 (Pub. L. 104–132, 110 Stat. 1212–1319, at 1250; 18 U.S.C. 2339B) (AEDPA); the Foreign Narcotics Kingpin Designation Act (Pub. L. 106–120, 113 Stat. 1626– 1636, at 1632; 21 U.S.C. 1901–1908, at 1906) (FNKDA); and the Clean Diamond Trade Act (Pub. L. 108–19, 117 Stat. 631–637, at 634; 19 U.S.C. 3901–3913, at 3907) (CDTA). The table below summarizes the existing and new maximum CMP amounts. Existing maximum CMP amount Statute TWEA .................. IEEPA .................. AEDPA ................ FNKDA ................ CDTA ................... $86,976 295,141 77,909 1,466,485 13,333 Maximum CMP amount effective June 14, 2019 $89,170 302,584 79,874 1,503,470 13,669 jbell on DSK3GLQ082PROD with RULES In addition to updating these maximum CMP amounts, OFAC is also VerDate Sep<11>2014 16:06 Jun 13, 2019 Jkt 247001 updating a reference to one-half the IEEPA maximum CMP from $147,571 to $151,292. Public Participation Because the amended regulations involve a foreign affairs function, the provisions of Executive Order 12866 and the Administrative Procedure Act (5 U.S.C. 553) requiring notice of proposed rulemaking, opportunity for public participation, and delay in effective date, as well as the provisions of Executive Order 13771, are inapplicable. Because no notice of proposed rulemaking is required for this rule, the Regulatory Flexibility Act (5 U.S.C. 601–612) does not apply. Paperwork Reduction Act The Paperwork Reduction Act does not apply because this rule does not impose information collection requirements that would require the approval of the Office of Management and Budget under 44 U.S.C. 3501 et seq. List of Subjects in 31 CFR Parts 501, 510, 535, 536, 539, 541, 542, 544, 546, 547, 548, 549, 560, 561, 566, 576, 583, 584, 588, 592, 594, 595, 597, and 598 Administrative practice and procedure, Banks, Banking, Blocking of assets, Exports, Foreign trade, Licensing, Penalties, Sanctions. For the reasons set forth in the preamble, the Department of the Treasury’s Office of Foreign Assets Control amends 31 CFR chapter V as follows: PART 501—REPORTING, PROCEDURES AND PENALTIES REGULATIONS 1. The authority citation for part 501 continues to read as follows: ■ Authority: 8 U.S.C. 1189; 18 U.S.C. 2332d, 2339B; 19 U.S.C. 3901–3913; 21 U.S.C. 1901– 1908; 22 U.S.C. 287c; 22 U.S.C. 2370(a), 6009, 6032, 7205; 28 U.S.C. 2461 note; 31 U.S.C. 321(b); 50 U.S.C. 1701–1706; 50 U.S.C. App. 1–44. Subpart D—Trading With the Enemy Act (TWEA) Penalties § 501.701 ■ [Amended] 2. Amend § 501.701 as follows: PO 00000 Frm 00013 Fmt 4700 Sfmt 4700 27715 a. Remove the note to paragraph (a)(1). b. In paragraph (a)(3), remove ‘‘$86,976’’ and add in its place ‘‘$89,170’’. ■ 3. Amend appendix A to part 501 as follows: ■ a. In paragraph V.B.2.a.i., remove ‘‘$147,571’’ and add in its place ‘‘$151,292’’, and remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ b. In paragraph V.B.2.a.ii., remove ‘‘$295,141’’ in all three locations where it appears, and add in its place in all three locations ‘‘$302,584’’. ■ c. Redesignate the note to paragraph (a) of section V.B.2.a. as paragraph V.B.2.a.v. ■ d. Revise newly redesignated paragraph V.B.2.a.v. ■ e. Designate the undesignated paragraph after newly redesignated paragraph V.B.2.a.v., which starts with ‘‘The following Matrix represents the base amount of the proposed civil penalty’’ and contains a table titled ‘‘Base Penalty Matrix,’’ as V.B.2.a.vi. f. Revise newly redesignated paragraph V.B.2.a.vi. The revisions read as follows: ■ ■ Appendix A to Part 501—Economic Sanctions Enforcement Guidelines * * * * * V. * * * B. * * * 2. * * * a. * * * v. The applicable statutory maximum civil penalty per violation for each statute enforced by OFAC is as follows: International Emergency Economic Powers Act (IEEPA)— greater of $302,584 or twice the amount of the underlying transaction; Trading with the Enemy Act (TWEA)—$89,170; Foreign Narcotics Kingpin Designation Act (FNKDA)—$1,503,470; Antiterrorism and Effective Death Penalty Act of 1996 (AEDPA)—greater of $79,874 or twice the amount of which a financial institution was required to retain possession or control; and Clean Diamond Trade Act (CDTA)—$13,669. The civil penalty amounts authorized under these statutes are subject to adjustment pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990 (Pub. L. 101–410, as amended, 28 U.S.C. 2461 note). vi. The following matrix represents the base amount of the proposed civil penalty for each category of violation: E:\FR\FM\14JNR1.SGM 14JNR1 27716 * * * * PART 510—NORTH KOREA SANCTIONS REGULATIONS 4. The authority citation for part 510 continues to read as follows: ■ Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; 22 U.S.C. 287c; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011 (50 U.S.C. 1705 note); Pub. L. 114–122, 130 Stat. 93 (22 U.S.C. 9201–9255); Pub. L. 115–44, 131 Stat 886 (22 U.S.C. 9201 note); E.O. 13466, 73 FR 36787, June 27, 2008, 3 CFR, 2008 Comp., p. 195; E.O. 13551, 75 FR 53837, September 1, 2010; E.O. 13570, 76 FR 22291, April 20, 2011; E.O. 13687, 80 FR 819, January 6, 2015; E.O. 13722, 81 FR 14943, March 18, 2016; E.O. 13810, 82 FR 44705, September 25, 2017. Subpart G—Penalties § 510.701 [Amended] 5. Amend § 510.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate Note 1 to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. jbell on DSK3GLQ082PROD with RULES ■ ■ PART 535—IRANIAN ASSETS CONTROL REGULATIONS 6. The authority citation for part 535 continues to read as follows: ■ VerDate Sep<11>2014 16:06 Jun 13, 2019 Jkt 247001 Authority: 3 U.S.C. 301; 18 U.S.C. 2332d; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701– 1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011; E.O. 12170, 44 FR 65729, 3 CFR, 1979 Comp., p. 457; E.O. 12205, 45 FR 24099, 3 CFR, 1980 Comp., p. 248; E.O. 12211, 45 FR 26685, 3 CFR, 1980 Comp., p. 253; E.O. 12276, 46 FR 7913, 3 CFR, 1981 Comp., p. 104; E.O. 12279, 46 FR 7919, 3 CFR, 1981 Comp., p. 109; E.O. 12280, 46 FR 7921, 3 CFR, 1981 Comp., p. 110; E.O. 12281, 46 FR 7923, 3 CFR, 1981 Comp., p. 112; E.O. 12282, 46 FR 7925, 3 CFR, 1981 Comp., p. 113; E.O. 12283, 46 FR 7927, 3 CFR, 1981 Comp., p. 114; and E.O. 12294, 46 FR 14111, 3 CFR, 1981 Comp., p. 139. [Amended] 7. Amend § 535.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ ■ PART 536—NARCOTICS TRAFFICKING SANCTIONS REGULATIONS 8. The authority citation for part 536 continues to read as follows: ■ Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011; E.O. 12978, PO 00000 Frm 00014 Fmt 4700 Sfmt 4700 Subpart G—Penalties § 536.701 [Amended] 9. Amend § 536.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ ■ PART 539—WEAPONS OF MASS DESTRUCTION TRADE CONTROL REGULATIONS Subpart G—Penalties § 535.701 60 FR 54579, 3 CFR, 1995 Comp., p. 415; E.O. 13286, 68 FR 10619, 3 CFR, 2003 Comp., p. 166. 10. The authority citation for part 539 continues to read as follows: ■ Authority: 3 U.S.C. 301; 22 U.S.C. 2751– 2799aa–2; 31 U.S.C. 321(b); 50 U.S.C. 1601– 1651, 1701–1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011; E.O. 12938, 59 FR 59099, 3 CFR, 1994 Comp., p. 950; E.O. 13094, 63 FR 40803, 3 CFR, 1998 Comp., p. 200. Subpart G—Penalties § 539.701 [Amended] 11. Amend § 539.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ ■ E:\FR\FM\14JNR1.SGM 14JNR1 ER14JN19.000</GPH> * Federal Register / Vol. 84, No. 115 / Friday, June 14, 2019 / Rules and Regulations Federal Register / Vol. 84, No. 115 / Friday, June 14, 2019 / Rules and Regulations c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. 12938, 59 FR 59099, 3 CFR, 1994 Comp., p. 950; E.O. 13094, 63 FR 40803, 3 CFR, 1998 Comp., p. 200; E.O. 13382, 70 FR 38567, 3 CFR, 2005 Comp., p. 170. PART 541—ZIMBABWE SANCTIONS REGULATIONS Subpart G—Penalties ■ 12. The authority citation for part 541 continues to read as follows: ■ [Amended] 17. Amend § 544.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ Authority: 3. U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011 (50 U.S.C. 1705 note); E.O. 13288, 68 FR 11457, 3 CFR, 2003 Comp., p. 186; E.O. 13391, 70 FR 71201, 3 CFR, 2005 Comp., p. 206; E.O. 13469, 73 FR 43841, 3 CFR, 2008 Comp., p. 1025 ■ Subpart G—Penalties PART 546—DARFUR SANCTIONS REGULATIONS § 541.701 PART 542—SYRIAN SANCTIONS REGULATIONS 14. The authority citation for part 542 continues to read as follows: Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 18 U.S.C. 2332d; 22 U.S.C. 287c; 50 U.S.C. 1601–1651, 1701–1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110– 96, 121 Stat. 1011 (50 U.S.C. 1701 note); E.O. 13338, 69 FR 26751, 3 CFR, 2004 Comp., p. 168; E.O. 13399, 71 FR 25059, 3 CFR, 2006 Comp., p. 218; E.O. 13460, 73 FR 8991, 3 CFR 2008 Comp., p. 181; E.O. 13572, 76 FR 24787, 3 CFR 2011 Comp., p. 236; E.O. 13573, 76 FR 29143, 3 CFR 2011 Comp., p. 241; E.O. 13582, 76 FR 52209, 3 CFR 2011 Comp., p. 264; E.O. 13606, 77 FR 24571, 3 CFR 2012 Comp., p. 243. 15. Amend § 542.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ ■ [Amended] 19. Amend § 546.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ ■ PART 547—DEMOCRATIC REPUBLIC OF THE CONGO SANCTIONS REGULATIONS Subpart G—Penalties [Amended] 21. Amend § 547.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate Note 1 to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ ■ 16. The authority citation for part 544 continues to read as follows: ■ Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; Public Law 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Public Law 110–96, 121 Stat. 1011; E.O. Jkt 247001 Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; 22 U.S.C. 287c; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011 (50 U.S.C. 1705 note); E.O. 13413, 71 FR 64105, 3 CFR, 2006 Comp., p. 247; E.O. 13671, 79 FR 39949, 3 CFR, 2015 Comp., p. 280. § 547.701 PART 544—WEAPONS OF MASS DESTRUCTION PROLIFERATORS SANCTIONS REGULATIONS 16:06 Jun 13, 2019 § 546.701 20. The authority citation for part 547 continues to read as follows: [Amended] VerDate Sep<11>2014 Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; 22 U.S.C. 287c; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011 (50 U.S.C. 1705 note); E.O. 13067, 62 FR 59989, 3 CFR, 1997 Comp., p. 230; E.O. 13400, 71 FR 25483, 3 CFR, 2006 Comp., p. 220. ■ Subpart G—Penalties § 542.701 18. The authority citation for part 546 continues to read as follows: ■ Subpart G—Penalties ■ PART 548—BELARUS SANCTIONS REGULATIONS 22. The authority citation for part 548 continues to read as follows: ■ Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011 (50 U.S.C. 1705 note); E.O. 13405, 71 FR 35485; 3 CFR, 2007 Comp., p. 231. Subpart G—Penalties § 548.701 [Amended] 23. Amend § 548.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ ■ [Amended] 13. Amend § 541.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ ■ jbell on DSK3GLQ082PROD with RULES § 544.701 27717 PO 00000 Frm 00015 Fmt 4700 Sfmt 4700 PART 549—LEBANON SANCTIONS REGULATIONS 24. The authority citation for part 549 continues to read as follows: ■ Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011 (50 U.S.C. 1705 note); E.O. 13441, 72 FR 43499, 3 CFR, 2008 Comp., p. 232. Subpart G—Penalties § 549.701 [Amended] 25. Amend § 549.701 as follows: ■ a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ PART 560—IRANIAN TRANSACTIONS AND SANCTIONS REGULATIONS 26. The authority citation for part 560 continues to read as follows: ■ Authority: 3 U.S.C. 301; 18 U.S.C. 2339B, 2332d; 22 U.S.C. 2349aa–9; 22 U.S.C. 7201– 7211; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011 (50 U.S.C. 1705 note); Pub. L. 111– 195, 124 Stat. 1312 (22 U.S.C. 8501–8551); Pub. L. 112–81, 125 Stat. 1298 (22 U.S.C. 8513a); Pub. L. 112–158, 126 Stat. 1214 (22 U.S.C. 8701–8795); E.O. 12613, 52 FR 41940, 3 CFR, 1987 Comp., p. 256; E.O. 12957, 60 FR 14615, 3 CFR, 1995 Comp., p. 332; E.O. 12959, 60 FR 24757, 3 CFR, 1995 Comp., p. 356; E.O. 13059, 62 FR 44531, 3 CFR, 1997 Comp., p. 217; E.O. 13599, 77 FR 6659, 3 CFR, 2012 Comp., p. 215; E.O. 13846, 83 FR 38939. E:\FR\FM\14JNR1.SGM 14JNR1 27718 Federal Register / Vol. 84, No. 115 / Friday, June 14, 2019 / Rules and Regulations Subpart G—Penalties § 560.701 [Amended] 27. Amend § 560.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ ■ PART 561—IRANIAN FINANCIAL SANCTIONS REGULATIONS 28. The authority citation for part 561 continues to read as follows: ■ Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011 (50 U.S.C. 1705 note); Pub. L. 111–195, 124 Stat. 1312 (22 U.S.C. 8501–8551); Pub. L. 112–81, 125 Stat. 1298 (22 U.S.C. 8513a); Pub. L. 112–158, 126 Stat. 1214 (22 U.S.C. 8701–8795); E.O. 12957, 60 FR 14615, 3 CFR, 1995 Comp., p. 332; E.O. 13553, 75 FR 60567, 3 CFR, 2010 Comp., p. 253; E.O. 13599, 77 FR 6659, February 8, 2012; E.O. 13622, 77 FR 45897, August 2, 2012; E.O. 13628, 77 FR 62139, October 12, 2012. Subpart G—Penalties § 561.701 [Amended] 29. Amend § 561.701 as follow: a. Redesignate the note to paragraph (a) as paragraph (a)(4). ■ b. In newly redesignated paragraph (a)(4), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ ■ 30. The authority citation for part 566 continues to read as follows: ■ Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011 (50 U.S.C. 1705 note); Pub. L. 114–102. [Amended] 31. Amend § 566.701 as follows: a. Redesignate paragraphs (b) through (e) as paragraphs (c) through (f). ■ b. Redesignate the note to paragraph (a) as paragraph (b). ■ c. In newly redesignated paragraph (b), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. jbell on DSK3GLQ082PROD with RULES PART 576—IRAQ STABILIZATION AND INSURGENCY SANCTIONS REGULATIONS 32. The authority citation for part 576 continues to read as follows: ■ VerDate Sep<11>2014 16:06 Jun 13, 2019 § 576.701 Subpart G—Penalties [Amended] 33. Amend § 576.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ ■ PART 583—GLOBAL MAGNITSKY SANCTIONS REGULATIONS 34. The authority citation for part 583 continues to read as follows: ■ Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011 (50 U.S.C. 1705 note); Pub. L. 114–328, Title XII, Subtitle F, 130 Stat. 2533 (22 U.S.C. 2656 note); E.O. 13818, 82 FR 60839, December 26, 2017. 35. In § 583.701, add paragraph (c) to read as follows: ■ § 583.701 Penalties and Findings of Violation. * * * * (c) IEEPA provides for a maximum civil penalty not to exceed the greater of $302,584 or an amount that is twice the amount of the transaction that is the basis of the violation with respect to which the penalty is imposed. PART 584—MAGNITSKY ACT SANCTIONS REGULATIONS 36. The authority citation for part 584 continues to read as follows: ■ ■ Jkt 247001 38. The authority citation for part 588 continues to read as follows: ■ Subpart G—Penalties ■ Subpart G—Penalties PART 588—WESTERN BALKANS STABILIZATION REGULATIONS Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011 (50 U.S.C. 1705 note); E.O. 13219, 66 FR 34777, 3 CFR, 2001 Comp., p. 778; E.O. 13304, 68 FR 32315, 3 CFR, 2004 Comp. p. 229. * PART 566—HIZBALLAH FINANCIAL SANCTIONS REGULATIONS § 566.701 Authority: 3 U.S.C. 301; 22 U.S.C. 287c; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701– 1706; Pub. L. 110–96, 121 Stat. 1011; E.O. 13303, 68 FR 31931, 3 CFR, 2003 Comp., p. 227; E.O. 13315, 68 FR 52315, 3 CFR, 2003 Comp., p. 252; E.O. 13350, 69 FR 46055, 3 CFR, 2004 Comp., p. 196; E.O. 13364, 69 FR 70177, 3 CFR, 2004 Comp., p. 236; E.O. 13438, 72 FR 39719, 3 CFR, 2007 Comp., p. 224; E.O. 13668, 79 FR 31019, 3 CFR, 2014 Comp., p. 248. Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011 (50 U.S.C. 1705 note); Pub. L. 112–208, 126 Stat. 1502 (22 U.S.C. 5811 note). § 584.701 [Amended] 37. Amend § 584.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ ■ PO 00000 Frm 00016 Fmt 4700 Sfmt 4700 § 588.701 [Amended] 39. Amend § 588.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ ■ PART 592—ROUGH DIAMONDS CONTROL REGULATIONS 40. The authority citation for part 592 continues to read as follows: ■ Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); Pub. L. 108–19, 117 Stat. 631 (19 U.S.C. 3901–3913); E.O. 13312, 68 FR 45151 3 CFR, 2003 Comp., p. 246. Subpart F—Penalties § 592.601 [Amended] 41. Amend § 592.601 as follows: a. Redesignate paragraphs (a)(2) and (3) as paragraphs (a)(3) and (4). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2) remove ‘‘$13,333’’ and add in its place ‘‘$13,669’’. ■ ■ PART 594—GLOBAL TERRORISM SANCTIONS REGULATIONS 42. The authority citation for part 594 continues to read as follows: ■ Authority: 3 U.S.C. 301; 22 U.S.C. 287c; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701– 1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011; Pub. L. 115–44, 131 Stat. 886 (22 U.S.C. 9401 et seq.), E.O. 13224, 66 FR 49079, 3 CFR, 2001 Comp., p. 786; E.O. 13268, 67 FR 44751, 3 CFR, 2002 Comp., p. 240; E.O. 13284, 68 FR 4075, 3 CFR, 2003 Comp., p. 161; E.O. 13372, 70 FR 8499, 3 CFR, 2006 Comp., p. 159. Subpart G—Penalties § 594.701 [Amended] 43. Amend § 594.701 as follows: a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ ■ E:\FR\FM\14JNR1.SGM 14JNR1 Federal Register / Vol. 84, No. 115 / Friday, June 14, 2019 / Rules and Regulations c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ PART 595—TERRORISM SANCTIONS REGULATIONS 44. The authority citation for part 595 continues to read as follows: Dated: June 7, 2019. Andrea Gacki, Director, Office of Foreign Assets Control. [FR Doc. 2019–12475 Filed 6–13–19; 8:45 am] BILLING CODE 4810–AL–P ■ Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601–1651, 1701–1706; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110–96, 121 Stat. 1011; E.O. 12947, 60 FR 5079, 3 CFR, 1995 Comp., p. 319; E.O. 13099, 63 FR 45167, 3 CFR, 1998 Comp., p. 208; E.O. 13372, 70 FR 8499, 3 CFR, 2006 Comp., p. 159. Coast Guard 33 CFR Part 100 [Docket No. USCG–2019–0414] Subpart G—Penalties Regattas and Marine Parades; Great Lakes Annual Marine Events § 595.701 AGENCY: [Amended] 45. Amend § 595.701 as follows: ■ a. Redesignate paragraph (a)(2) as paragraph (a)(3). ■ b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2). ■ c. In newly redesignated paragraph (a)(2), remove ‘‘$295,141’’ and add in its place ‘‘$302,584’’. ■ PART 597—FOREIGN TERRORIST ORGANIZATIONS SANCTIONS REGULATIONS 46. The authority citation for part 597 continues to read as follows: ■ Authority: 31 U.S.C. 321(b); Pub. L. 101– 410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 104–132, 110 Stat. 1214, 1248–53 (8 U.S.C. 1189, 18 U.S.C. 2339B). Subpart G—Penalties § 597.701 [Amended] 47. Amend § 597.701 as follows: a. Redesignate the note to paragraph (b) as paragraph (b)(3). ■ b. In newly redesignated paragraph (b)(3), remove ‘‘$77,909’’ and add in its place ‘‘$79,874’’. ■ ■ PART 598—FOREIGN NARCOTICS KINGPIN SANCTIONS REGULATIONS 48. The authority citation for part 598 continues to read as follows: ■ Authority: 3 U.S.C. 301; 21 U.S.C. 1901– 1908; 31 U.S.C. 321(b); Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note). Subpart G—Penalties § 598.701 jbell on DSK3GLQ082PROD with RULES DEPARTMENT OF HOMELAND SECURITY [Amended] 49. Amend § 598.701 as follows: a. Redesignate the note to paragraph (a)(3) as paragraph (a)(4). ■ b. In newly redesignated paragraph (a)(4), remove ‘‘$1,466,485’’ and add in its place ‘‘$1,503,470’’. ■ ■ VerDate Sep<11>2014 16:06 Jun 13, 2019 Jkt 247001 Coast Guard, DHS. Notice of enforcement of regulation. ACTION: The Coast Guard will enforce various special local regulations for annual regattas and marine parades in the Captain of the Port Detroit zone. Enforcement of these regulations is necessary and intended to ensure safety of life on the navigable waters immediately prior to, during, and after these regattas or marine parades. During the aforementioned period, the Coast Guard will enforce restrictions upon, and control movement of, vessels in a specified area immediately prior to, during, and after regattas or marine parades. SUMMARY: The regulations in 33 CFR 100.911 will be enforced at specified dates and times between June 15, 2019, and September 1, 2019. FOR FURTHER INFORMATION CONTACT: If you have questions on this document, call or email Tracy Girard, Prevention Department, telephone (313) 568–9564, email Tracy.M.Girard@uscg.mil. SUPPLEMENTARY INFORMATION: The Coast Guard will enforce the following special local regulations listed in 33 CFR part 100, Safety of Life on Navigable Waters, on the following dates and times: (1) § 100.911(a)(4) Motor City Mile, Detroit, MI. This special local regulation will be enforced from 6 a.m. to 12 p.m. on July 12, 2019. (2) § 100.911(a)(7) St. Clair River Classic Power Boat Race, St. Clair, MI. This special local regulation will be enforced from 8 a.m. to 8 p.m. each day from July 22, 2019 until July 28, 2019. (3) § 100.911(a)(10) Bay City Grand Prix Powerboat Races, Bay City, MI. This special local regulation will be enforced from 9:30 a.m. to 7 p.m. each day from June 23, 2019 until June 25, 2019. (4) § 100.911(a)(13) Bay City Tall Ships Parade of Sail, Bay City, MI. This DATES: PO 00000 Frm 00017 Fmt 4700 Sfmt 4700 27719 special local regulation will be enforced from 11 a.m. to 7 p.m. on July 18, 2019. (5) § 100.911(a)(5) Wyandotte Invites Rowing Event, Wyandotte, MI. This special local regulation will be enforced from 8 a.m. to 12 p.m. on June 15, 2019. (6) § 100.911(a)(12) Michigan Championships Swimming Event, Detroit, MI. This special local regulation will be enforced from 7 a.m. to 11 p.m. on September 1, 2019. (7) § 100.911(a)(8) Marine City Water Ski Show, Marine City, MI. This special local regulation will be enforced from 10 a.m. to 6 p.m. on August 3, 2019. In the case of inclement weather on August 3, 2019, this special local regulation will be enforced from 10 a.m. to 6 p.m. on August 4, 2019. Special Local Regulations In accordance with § 100.901, entry into, transiting, or anchoring within these regulated areas is prohibited unless authorized by the Coast Guard patrol commander (PATCOM). The PATCOM may restrict vessel operation within the regulated area to vessels having particular operating characteristics. Vessels permitted to enter this regulated area must operate at a nowake speed and in a manner that will not endanger race participants or any other craft. The PATCOM may direct the anchoring, mooring, or movement of any vessel within this regulated area. A succession of sharp, short signals by whistle or horn from vessels patrolling the area under the direction of the PATCOM shall serve as a signal to stop. Vessels so signaled shall stop and shall comply with the orders of the PATCOM. Failure to do so may result in expulsion from the area, a Notice of Violation for failure to comply, or both. If it is deemed necessary for the protection of life and property, the PATCOM may terminate the marine event or the operation of any vessel within the regulated area. In accordance with the general regulations in § 100.35 of this part, the Coast Guard will patrol the regatta area under the direction of a designated Coast Guard Patrol Commander (PATCOM). The PATCOM may be contacted on Channel 16 (156.8 MHz) by the call sign ‘‘Coast Guard Patrol Commander.’’ Under the provisions of 33 CFR 100.928, vessels transiting within the regulated area shall travel at a no-wake speed and remain vigilant for event participants and safety craft. Additionally, vessels shall yield rightof-way for event participants and event safety craft and shall follow directions E:\FR\FM\14JNR1.SGM 14JNR1

Agencies

[Federal Register Volume 84, Number 115 (Friday, June 14, 2019)]
[Rules and Regulations]
[Pages 27714-27719]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-12475]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Parts 501, 510, 535, 536, 539, 541, 542, 544, 546, 547, 548, 
549, 560, 561, 566, 576, 583, 584, 588, 592, 594, 595, 597, and 598


Inflation Adjustment of Civil Monetary Penalties

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Final rule.

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is issuing this final rule to adjust certain civil 
monetary penalties (CMPs) for inflation pursuant to the Federal Civil 
Penalties Inflation Adjustment Act of 1990, as amended by the Debt 
Collection Improvement Act of 1996 and the Federal Civil Penalties 
Inflation Adjustment Act Improvements Act of 2015.

DATES: Effective: June 14, 2019.

FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for 
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs, 
202-622-4855; Assistant Director for Sanctions Compliance & Evaluation, 
202-622-2490; or the Department of the Treasury's Office of the Chief 
Counsel (Foreign Assets Control), Office of the General Counsel, 202-
622-2410.

SUPPLEMENTARY INFORMATION:

Electronic Availability

    This document and additional information concerning OFAC are 
available from OFAC's website (www.treasury.gov/ofac).

Background

    Section 4 of the Federal Civil Penalties Inflation Adjustment Act 
(1990 Pub. L. 101-410, 104 Stat. 890; 28 U.S.C. 2461 note), as amended 
by the Debt Collection Improvement Act of 1996 (Pub. L. 104-134, 110 
Stat. 1321-373) and the Federal Civil Penalties Inflation Adjustment 
Act Improvements Act of 2015 (Pub. L. 114-74, 129 Stat. 599, 28 U.S.C. 
2461 note) (collectively, the FCPIA Act), requires each federal agency 
with statutory authority to assess civil monetary penalties (CMPs) to 
adjust CMPs annually for inflation according to a formula described in 
section 5 of the FCPIA Act. One purpose of the FCPIA Act is to ensure 
that CMPs continue to maintain their deterrent effect through periodic 
cost-of-living based adjustments.
    OFAC has adjusted its CMPs three times since the Federal Civil 
Penalties Inflation Adjustment Act Improvements Act went into effect on 
November 2, 2015: An initial catch-up adjustment on August 1, 2016 (81 
FR 43070, July 1, 2016), and annual adjustments on February 10, 2017 
(82 FR 10434, February 10, 2017), and March 19, 2018 (83 FR 11876, 
March 19, 2018).

[[Page 27715]]

Method of Calculation

    The method of calculating CMP adjustments applied in this final 
rule is required by the FCPIA Act. Under the FCPIA Act and the Office 
of Management and Budget guidance required by the FCPIA Act, annual 
inflation adjustments subsequent to the initial catch-up adjustment are 
to be based on the percent change between the Consumer Price Index for 
all Urban Consumers (``CPI-U'') for the October preceding the date of 
the adjustment and the prior year's October CPI-U. As set forth in 
Office of Management and Budget Memorandum M-19-04 of December 14, 
2018, the adjustment multiplier for 2019 is 1.02522. In order to 
complete the 2019 annual adjustment, each current CMP is multiplied by 
the 2019 adjustment multiplier. Under the FCPIA Act, any increase in 
CMP must be rounded to the nearest multiple of $1.

New Penalty Amounts

    OFAC currently is authorized to impose CMPs pursuant to five 
statutes: The Trading With the Enemy Act (50 U.S.C. 4301-4341, at 4315) 
(TWEA); the International Emergency Economic Powers Act (50 U.S.C. 
1701-1706, at 1705) (IEEPA); the Antiterrorism and Effective Death 
Penalty Act of 1996 (Pub. L. 104-132, 110 Stat. 1212-1319, at 1250; 18 
U.S.C. 2339B) (AEDPA); the Foreign Narcotics Kingpin Designation Act 
(Pub. L. 106-120, 113 Stat. 1626-1636, at 1632; 21 U.S.C. 1901-1908, at 
1906) (FNKDA); and the Clean Diamond Trade Act (Pub. L. 108-19, 117 
Stat. 631-637, at 634; 19 U.S.C. 3901-3913, at 3907) (CDTA).
    The table below summarizes the existing and new maximum CMP 
amounts.

------------------------------------------------------------------------
                                                            Maximum CMP
                                             Existing         amount
                 Statute                    maximum CMP   effective June
                                              amount         14, 2019
------------------------------------------------------------------------
TWEA....................................         $86,976         $89,170
IEEPA...................................         295,141         302,584
AEDPA...................................          77,909          79,874
FNKDA...................................       1,466,485       1,503,470
CDTA....................................          13,333          13,669
------------------------------------------------------------------------

    In addition to updating these maximum CMP amounts, OFAC is also 
updating a reference to one-half the IEEPA maximum CMP from $147,571 to 
$151,292.

Public Participation

    Because the amended regulations involve a foreign affairs function, 
the provisions of Executive Order 12866 and the Administrative 
Procedure Act (5 U.S.C. 553) requiring notice of proposed rulemaking, 
opportunity for public participation, and delay in effective date, as 
well as the provisions of Executive Order 13771, are inapplicable. 
Because no notice of proposed rulemaking is required for this rule, the 
Regulatory Flexibility Act (5 U.S.C. 601-612) does not apply.

Paperwork Reduction Act

    The Paperwork Reduction Act does not apply because this rule does 
not impose information collection requirements that would require the 
approval of the Office of Management and Budget under 44 U.S.C. 3501 et 
seq.

List of Subjects in 31 CFR Parts 501, 510, 535, 536, 539, 541, 542, 
544, 546, 547, 548, 549, 560, 561, 566, 576, 583, 584, 588, 592, 
594, 595, 597, and 598

    Administrative practice and procedure, Banks, Banking, Blocking of 
assets, Exports, Foreign trade, Licensing, Penalties, Sanctions.

    For the reasons set forth in the preamble, the Department of the 
Treasury's Office of Foreign Assets Control amends 31 CFR chapter V as 
follows:

PART 501--REPORTING, PROCEDURES AND PENALTIES REGULATIONS

0
1. The authority citation for part 501 continues to read as follows:

    Authority: 8 U.S.C. 1189; 18 U.S.C. 2332d, 2339B; 19 U.S.C. 
3901-3913; 21 U.S.C. 1901-1908; 22 U.S.C. 287c; 22 U.S.C. 2370(a), 
6009, 6032, 7205; 28 U.S.C. 2461 note; 31 U.S.C. 321(b); 50 U.S.C. 
1701-1706; 50 U.S.C. App. 1-44.

Subpart D--Trading With the Enemy Act (TWEA) Penalties


Sec.  501.701   [Amended]

0
2. Amend Sec.  501.701 as follows:
0
a. Remove the note to paragraph (a)(1).
0
b. In paragraph (a)(3), remove ``$86,976'' and add in its place 
``$89,170''.

0
3. Amend appendix A to part 501 as follows:
0
a. In paragraph V.B.2.a.i., remove ``$147,571'' and add in its place 
``$151,292'', and remove ``$295,141'' and add in its place 
``$302,584''.
0
b. In paragraph V.B.2.a.ii., remove ``$295,141'' in all three locations 
where it appears, and add in its place in all three locations 
``$302,584''.
0
c. Redesignate the note to paragraph (a) of section V.B.2.a. as 
paragraph V.B.2.a.v.
0
d. Revise newly redesignated paragraph V.B.2.a.v.
0
e. Designate the undesignated paragraph after newly redesignated 
paragraph V.B.2.a.v., which starts with ``The following Matrix 
represents the base amount of the proposed civil penalty'' and contains 
a table titled ``Base Penalty Matrix,'' as V.B.2.a.vi.
    f. Revise newly redesignated paragraph V.B.2.a.vi.
    The revisions read as follows:

Appendix A to Part 501--Economic Sanctions Enforcement Guidelines

* * * * *
    V. * * *
    B. * * *
    2. * * *
    a. * * *
    v. The applicable statutory maximum civil penalty per violation 
for each statute enforced by OFAC is as follows: International 
Emergency Economic Powers Act (IEEPA)--greater of $302,584 or twice 
the amount of the underlying transaction; Trading with the Enemy Act 
(TWEA)--$89,170; Foreign Narcotics Kingpin Designation Act (FNKDA)--
$1,503,470; Antiterrorism and Effective Death Penalty Act of 1996 
(AEDPA)--greater of $79,874 or twice the amount of which a financial 
institution was required to retain possession or control; and Clean 
Diamond Trade Act (CDTA)--$13,669. The civil penalty amounts 
authorized under these statutes are subject to adjustment pursuant 
to the Federal Civil Penalties Inflation Adjustment Act of 1990 
(Pub. L. 101-410, as amended, 28 U.S.C. 2461 note).
    vi. The following matrix represents the base amount of the 
proposed civil penalty for each category of violation:

[[Page 27716]]

[GRAPHIC] [TIFF OMITTED] TR14JN19.000

* * * * *

PART 510--NORTH KOREA SANCTIONS REGULATIONS

0
4. The authority citation for part 510 continues to read as follows:

    Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 
1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 
2461 note); Pub. L. 110-96, 121 Stat. 1011 (50 U.S.C. 1705 note); 
Pub. L. 114-122, 130 Stat. 93 (22 U.S.C. 9201-9255); Pub. L. 115-44, 
131 Stat 886 (22 U.S.C. 9201 note); E.O. 13466, 73 FR 36787, June 
27, 2008, 3 CFR, 2008 Comp., p. 195; E.O. 13551, 75 FR 53837, 
September 1, 2010; E.O. 13570, 76 FR 22291, April 20, 2011; E.O. 
13687, 80 FR 819, January 6, 2015; E.O. 13722, 81 FR 14943, March 
18, 2016; E.O. 13810, 82 FR 44705, September 25, 2017.

Subpart G--Penalties


Sec.  510.701  [Amended]

0
5. Amend Sec.  510.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate Note 1 to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 535--IRANIAN ASSETS CONTROL REGULATIONS

0
6. The authority citation for part 535 continues to read as follows:

    Authority: 3 U.S.C. 301; 18 U.S.C. 2332d; 31 U.S.C. 321(b); 50 
U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 
U.S.C. 2461 note); Pub. L. 110-96, 121 Stat. 1011; E.O. 12170, 44 FR 
65729, 3 CFR, 1979 Comp., p. 457; E.O. 12205, 45 FR 24099, 3 CFR, 
1980 Comp., p. 248; E.O. 12211, 45 FR 26685, 3 CFR, 1980 Comp., p. 
253; E.O. 12276, 46 FR 7913, 3 CFR, 1981 Comp., p. 104; E.O. 12279, 
46 FR 7919, 3 CFR, 1981 Comp., p. 109; E.O. 12280, 46 FR 7921, 3 
CFR, 1981 Comp., p. 110; E.O. 12281, 46 FR 7923, 3 CFR, 1981 Comp., 
p. 112; E.O. 12282, 46 FR 7925, 3 CFR, 1981 Comp., p. 113; E.O. 
12283, 46 FR 7927, 3 CFR, 1981 Comp., p. 114; and E.O. 12294, 46 FR 
14111, 3 CFR, 1981 Comp., p. 139.

Subpart G--Penalties


Sec.  535.701  [Amended]

0
7. Amend Sec.  535.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 536--NARCOTICS TRAFFICKING SANCTIONS REGULATIONS

0
8. The authority citation for part 536 continues to read as follows:

    Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 
1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); 
Pub. L. 110-96, 121 Stat. 1011; E.O. 12978, 60 FR 54579, 3 CFR, 1995 
Comp., p. 415; E.O. 13286, 68 FR 10619, 3 CFR, 2003 Comp., p. 166.

Subpart G--Penalties


Sec.  536.701  [Amended]

0
9. Amend Sec.  536.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 539--WEAPONS OF MASS DESTRUCTION TRADE CONTROL REGULATIONS

0
10. The authority citation for part 539 continues to read as follows:

    Authority: 3 U.S.C. 301; 22 U.S.C. 2751-2799aa-2; 31 U.S.C. 
321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 
890 (28 U.S.C. 2461 note); Pub. L. 110-96, 121 Stat. 1011; E.O. 
12938, 59 FR 59099, 3 CFR, 1994 Comp., p. 950; E.O. 13094, 63 FR 
40803, 3 CFR, 1998 Comp., p. 200.

Subpart G--Penalties


Sec.  539.701  [Amended]

0
11. Amend Sec.  539.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).

[[Page 27717]]

0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 541--ZIMBABWE SANCTIONS REGULATIONS

0
12. The authority citation for part 541 continues to read as follows:

    Authority: 3. U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 
1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); 
Pub. L. 110-96, 121 Stat. 1011 (50 U.S.C. 1705 note); E.O. 13288, 68 
FR 11457, 3 CFR, 2003 Comp., p. 186; E.O. 13391, 70 FR 71201, 3 CFR, 
2005 Comp., p. 206; E.O. 13469, 73 FR 43841, 3 CFR, 2008 Comp., p. 
1025

Subpart G--Penalties


Sec.  541.701  [Amended]

0
13. Amend Sec.  541.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 542--SYRIAN SANCTIONS REGULATIONS

0
14. The authority citation for part 542 continues to read as follows:

    Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 18 U.S.C. 2332d; 22 
U.S.C. 287c; 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 
Stat. 890 (28 U.S.C. 2461 note); Pub. L. 110-96, 121 Stat. 1011 (50 
U.S.C. 1701 note); E.O. 13338, 69 FR 26751, 3 CFR, 2004 Comp., p. 
168; E.O. 13399, 71 FR 25059, 3 CFR, 2006 Comp., p. 218; E.O. 13460, 
73 FR 8991, 3 CFR 2008 Comp., p. 181; E.O. 13572, 76 FR 24787, 3 CFR 
2011 Comp., p. 236; E.O. 13573, 76 FR 29143, 3 CFR 2011 Comp., p. 
241; E.O. 13582, 76 FR 52209, 3 CFR 2011 Comp., p. 264; E.O. 13606, 
77 FR 24571, 3 CFR 2012 Comp., p. 243.

Subpart G--Penalties


Sec.  542.701  [Amended]

0
15. Amend Sec.  542.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 544--WEAPONS OF MASS DESTRUCTION PROLIFERATORS SANCTIONS 
REGULATIONS

0
16. The authority citation for part 544 continues to read as follows:

    Authority:  3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 
1701-1706; Public Law 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); 
Public Law 110-96, 121 Stat. 1011; E.O. 12938, 59 FR 59099, 3 CFR, 
1994 Comp., p. 950; E.O. 13094, 63 FR 40803, 3 CFR, 1998 Comp., p. 
200; E.O. 13382, 70 FR 38567, 3 CFR, 2005 Comp., p. 170.

Subpart G--Penalties


Sec.  544.701  [Amended]

0
17. Amend Sec.  544.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 546--DARFUR SANCTIONS REGULATIONS

0
18. The authority citation for part 546 continues to read as follows:

    Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 
1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 
2461 note); Pub. L. 110-96, 121 Stat. 1011 (50 U.S.C. 1705 note); 
E.O. 13067, 62 FR 59989, 3 CFR, 1997 Comp., p. 230; E.O. 13400, 71 
FR 25483, 3 CFR, 2006 Comp., p. 220.

Subpart G--Penalties


Sec.  546.701  [Amended]

0
19. Amend Sec.  546.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 547--DEMOCRATIC REPUBLIC OF THE CONGO SANCTIONS REGULATIONS

0
20. The authority citation for part 547 continues to read as follows:

    Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 
1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 
2461 note); Pub. L. 110-96, 121 Stat. 1011 (50 U.S.C. 1705 note); 
E.O. 13413, 71 FR 64105, 3 CFR, 2006 Comp., p. 247; E.O. 13671, 79 
FR 39949, 3 CFR, 2015 Comp., p. 280.

Subpart G--Penalties


Sec.  547.701  [Amended]

0
21. Amend Sec.  547.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate Note 1 to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 548--BELARUS SANCTIONS REGULATIONS

0
22. The authority citation for part 548 continues to read as follows:

    Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 
1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); 
Pub. L. 110-96, 121 Stat. 1011 (50 U.S.C. 1705 note); E.O. 13405, 71 
FR 35485; 3 CFR, 2007 Comp., p. 231.

Subpart G--Penalties


Sec.  548.701   [Amended]

0
23. Amend Sec.  548.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 549--LEBANON SANCTIONS REGULATIONS

0
24. The authority citation for part 549 continues to read as follows:

    Authority:  3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 
1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); 
Pub. L. 110-96, 121 Stat. 1011 (50 U.S.C. 1705 note); E.O. 13441, 72 
FR 43499, 3 CFR, 2008 Comp., p. 232.

Subpart G--Penalties


Sec.  549.701   [Amended]

0
25. Amend Sec.  549.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 560--IRANIAN TRANSACTIONS AND SANCTIONS REGULATIONS

0
26. The authority citation for part 560 continues to read as follows:

    Authority:  3 U.S.C. 301; 18 U.S.C. 2339B, 2332d; 22 U.S.C. 
2349aa-9; 22 U.S.C. 7201-7211; 31 U.S.C. 321(b); 50 U.S.C. 1601-
1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 
note); Pub. L. 110-96, 121 Stat. 1011 (50 U.S.C. 1705 note); Pub. L. 
111-195, 124 Stat. 1312 (22 U.S.C. 8501-8551); Pub. L. 112-81, 125 
Stat. 1298 (22 U.S.C. 8513a); Pub. L. 112-158, 126 Stat. 1214 (22 
U.S.C. 8701-8795); E.O. 12613, 52 FR 41940, 3 CFR, 1987 Comp., p. 
256; E.O. 12957, 60 FR 14615, 3 CFR, 1995 Comp., p. 332; E.O. 12959, 
60 FR 24757, 3 CFR, 1995 Comp., p. 356; E.O. 13059, 62 FR 44531, 3 
CFR, 1997 Comp., p. 217; E.O. 13599, 77 FR 6659, 3 CFR, 2012 Comp., 
p. 215; E.O. 13846, 83 FR 38939.

[[Page 27718]]

Subpart G--Penalties


Sec.  560.701   [Amended]

0
27. Amend Sec.  560.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 561--IRANIAN FINANCIAL SANCTIONS REGULATIONS

0
28. The authority citation for part 561 continues to read as follows:

    Authority:  3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 
1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); 
Pub. L. 110-96, 121 Stat. 1011 (50 U.S.C. 1705 note); Pub. L. 111-
195, 124 Stat. 1312 (22 U.S.C. 8501-8551); Pub. L. 112-81, 125 Stat. 
1298 (22 U.S.C. 8513a); Pub. L. 112-158, 126 Stat. 1214 (22 U.S.C. 
8701-8795); E.O. 12957, 60 FR 14615, 3 CFR, 1995 Comp., p. 332; E.O. 
13553, 75 FR 60567, 3 CFR, 2010 Comp., p. 253; E.O. 13599, 77 FR 
6659, February 8, 2012; E.O. 13622, 77 FR 45897, August 2, 2012; 
E.O. 13628, 77 FR 62139, October 12, 2012.

Subpart G--Penalties


Sec.  561.701   [Amended]

0
29. Amend Sec.  561.701 as follow:
0
a. Redesignate the note to paragraph (a) as paragraph (a)(4).
0
b. In newly redesignated paragraph (a)(4), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 566--HIZBALLAH FINANCIAL SANCTIONS REGULATIONS

0
30. The authority citation for part 566 continues to read as follows:

    Authority:  3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 
1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); 
Pub. L. 110-96, 121 Stat. 1011 (50 U.S.C. 1705 note); Pub. L. 114-
102.

Subpart G--Penalties


Sec.  566.701   [Amended]

0
31. Amend Sec.  566.701 as follows:
0
a. Redesignate paragraphs (b) through (e) as paragraphs (c) through 
(f).
0
b. Redesignate the note to paragraph (a) as paragraph (b).
0
c. In newly redesignated paragraph (b), remove ``$295,141'' and add in 
its place ``$302,584''.

PART 576--IRAQ STABILIZATION AND INSURGENCY SANCTIONS REGULATIONS

0
32. The authority citation for part 576 continues to read as follows:

    Authority:  3 U.S.C. 301; 22 U.S.C. 287c; 31 U.S.C. 321(b); 50 
U.S.C. 1601-1651, 1701-1706; Pub. L. 110-96, 121 Stat. 1011; E.O. 
13303, 68 FR 31931, 3 CFR, 2003 Comp., p. 227; E.O. 13315, 68 FR 
52315, 3 CFR, 2003 Comp., p. 252; E.O. 13350, 69 FR 46055, 3 CFR, 
2004 Comp., p. 196; E.O. 13364, 69 FR 70177, 3 CFR, 2004 Comp., p. 
236; E.O. 13438, 72 FR 39719, 3 CFR, 2007 Comp., p. 224; E.O. 13668, 
79 FR 31019, 3 CFR, 2014 Comp., p. 248.

Subpart G--Penalties


Sec.  576.701   [Amended]

0
33. Amend Sec.  576.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 583--GLOBAL MAGNITSKY SANCTIONS REGULATIONS

0
34. The authority citation for part 583 continues to read as follows:

    Authority:  3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 
1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); 
Pub. L. 110-96, 121 Stat. 1011 (50 U.S.C. 1705 note); Pub. L. 114-
328, Title XII, Subtitle F, 130 Stat. 2533 (22 U.S.C. 2656 note); 
E.O. 13818, 82 FR 60839, December 26, 2017.

0
35. In Sec.  583.701, add paragraph (c) to read as follows:


Sec.  583.701   Penalties and Findings of Violation.

* * * * *
    (c) IEEPA provides for a maximum civil penalty not to exceed the 
greater of $302,584 or an amount that is twice the amount of the 
transaction that is the basis of the violation with respect to which 
the penalty is imposed.

PART 584--MAGNITSKY ACT SANCTIONS REGULATIONS

0
36. The authority citation for part 584 continues to read as follows:

    Authority:  3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 
1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); 
Pub. L. 110-96, 121 Stat. 1011 (50 U.S.C. 1705 note); Pub. L. 112-
208, 126 Stat. 1502 (22 U.S.C. 5811 note).


Sec.  584.701   [Amended]

0
37. Amend Sec.  584.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 588--WESTERN BALKANS STABILIZATION REGULATIONS

0
38. The authority citation for part 588 continues to read as follows:

    Authority:  3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 
1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); 
Pub. L. 110-96, 121 Stat. 1011 (50 U.S.C. 1705 note); E.O. 13219, 66 
FR 34777, 3 CFR, 2001 Comp., p. 778; E.O. 13304, 68 FR 32315, 3 CFR, 
2004 Comp. p. 229.

Subpart G--Penalties


Sec.  588.701   [Amended]

0
39. Amend Sec.  588.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 592--ROUGH DIAMONDS CONTROL REGULATIONS

0
40. The authority citation for part 592 continues to read as follows:

    Authority:  3 U.S.C. 301; 31 U.S.C. 321(b); Pub. L. 108-19, 117 
Stat. 631 (19 U.S.C. 3901-3913); E.O. 13312, 68 FR 45151 3 CFR, 2003 
Comp., p. 246.

Subpart F--Penalties


Sec.  592.601   [Amended]

0
41. Amend Sec.  592.601 as follows:
0
a. Redesignate paragraphs (a)(2) and (3) as paragraphs (a)(3) and (4).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2) remove ``$13,333'' and add in 
its place ``$13,669''.

PART 594--GLOBAL TERRORISM SANCTIONS REGULATIONS

0
42. The authority citation for part 594 continues to read as follows:

    Authority:  3 U.S.C. 301; 22 U.S.C. 287c; 31 U.S.C. 321(b); 50 
U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 
U.S.C. 2461 note); Pub. L. 110-96, 121 Stat. 1011; Pub. L. 115-44, 
131 Stat. 886 (22 U.S.C. 9401 et seq.), E.O. 13224, 66 FR 49079, 3 
CFR, 2001 Comp., p. 786; E.O. 13268, 67 FR 44751, 3 CFR, 2002 Comp., 
p. 240; E.O. 13284, 68 FR 4075, 3 CFR, 2003 Comp., p. 161; E.O. 
13372, 70 FR 8499, 3 CFR, 2006 Comp., p. 159.

Subpart G--Penalties


Sec.  594.701   [Amended]

0
43. Amend Sec.  594.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).

[[Page 27719]]

0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 595--TERRORISM SANCTIONS REGULATIONS

0
44. The authority citation for part 595 continues to read as follows:

    Authority:  3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 
1701-1706; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); 
Pub. L. 110-96, 121 Stat. 1011; E.O. 12947, 60 FR 5079, 3 CFR, 1995 
Comp., p. 319; E.O. 13099, 63 FR 45167, 3 CFR, 1998 Comp., p. 208; 
E.O. 13372, 70 FR 8499, 3 CFR, 2006 Comp., p. 159.

Subpart G--Penalties


Sec.  595.701   [Amended]

0
45. Amend Sec.  595.701 as follows:
0
a. Redesignate paragraph (a)(2) as paragraph (a)(3).
0
b. Redesignate the note to paragraph (a)(1) as paragraph (a)(2).
0
c. In newly redesignated paragraph (a)(2), remove ``$295,141'' and add 
in its place ``$302,584''.

PART 597--FOREIGN TERRORIST ORGANIZATIONS SANCTIONS REGULATIONS

0
46. The authority citation for part 597 continues to read as follows:

    Authority:  31 U.S.C. 321(b); Pub. L. 101-410, 104 Stat. 890 (28 
U.S.C. 2461 note); Pub. L. 104-132, 110 Stat. 1214, 1248-53 (8 
U.S.C. 1189, 18 U.S.C. 2339B).

Subpart G--Penalties


Sec.  597.701   [Amended]

0
47. Amend Sec.  597.701 as follows:
0
a. Redesignate the note to paragraph (b) as paragraph (b)(3).
0
b. In newly redesignated paragraph (b)(3), remove ``$77,909'' and add 
in its place ``$79,874''.

PART 598--FOREIGN NARCOTICS KINGPIN SANCTIONS REGULATIONS

0
48. The authority citation for part 598 continues to read as follows:

    Authority:  3 U.S.C. 301; 21 U.S.C. 1901-1908; 31 U.S.C. 321(b); 
Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note).

Subpart G--Penalties


Sec.  598.701   [Amended]

0
49. Amend Sec.  598.701 as follows:
0
a. Redesignate the note to paragraph (a)(3) as paragraph (a)(4).
0
b. In newly redesignated paragraph (a)(4), remove ``$1,466,485'' and 
add in its place ``$1,503,470''.

    Dated: June 7, 2019.
Andrea Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2019-12475 Filed 6-13-19; 8:45 am]
 BILLING CODE 4810-AL-P

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.