Inflation Adjustment of Civil Monetary Penalties, 19884-19888 [2020-07509]

Download as PDF 19884 Federal Register / Vol. 85, No. 69 / Thursday, April 9, 2020 / Rules and Regulations Accordingly, I concur in adopting the final rule. DEPARTMENT OF THE TREASURY [FR Doc. 2020–06625 Filed 4–8–20; 8:45 am] Office of Foreign Assets Control BILLING CODE 6351–01–P 31 CFR Parts 501, 510, 535, 536, 539, 541, 542, 544, 546, 547, 548, 549, 560, 561, 566, 576, 583, 584, 588, 592, 594, 597, and 598 SECURITIES AND EXCHANGE COMMISSION Inflation Adjustment of Civil Monetary Penalties 17 CFR Parts 229, 230, 240, and 249 Office of Foreign Assets Control, Treasury. ACTION: Final rule. AGENCY: [Release No. 34–88365A; File No. S7–06– 19] RIN 3235–AM41 Accelerated Filer and Large Accelerated Filer Definitions; Correction Securities and Exchange Commission. ACTION: Final rule; correction. AGENCY: The Securities and Exchange Commission published a document in the Federal Register of March 26, 2020 (85 FR 17178) adopting amendments to the accelerated filer and large accelerated filer definitions. There was a typographical error in an example provided in the Supplementary Information section of that document. DATES: Effective April 9, 2020. FOR FURTHER INFORMATION CONTACT: John Fieldsend, Special Counsel, in the Division of Corporation Finance, at (202) 551–3430, U.S. Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549–3628. SUPPLEMENTARY INFORMATION: In FR Doc. 2020–05546, on page 17193 in the Federal Register of Thursday, March 26, 2020, the following corrections are made: SUMMARY: Corrections In the first column on page 17193, in the eighth line from the bottom of the second paragraph, the date ‘‘2020’’ is corrected to read ‘‘2021’’. Also, in the first column on page 17193, in the sixth line from the bottom of the second paragraph, the date ‘‘2019’’ is corrected to read ‘‘2020’’. Dated: March 30, 2020. Vanessa A. Countryman, Secretary. [FR Doc. 2020–06926 Filed 4–8–20; 8:45 am] khammond on DSKJM1Z7X2PROD with RULES The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing this final rule to adjust certain civil monetary penalties 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: This rule is effective April 9, 2020. 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. SUPPLEMENTARY INFORMATION: SUMMARY: BILLING CODE 8011–01–P 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 four 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), March 19, 2018 (83 FR 11876, March 19, 2018), and June 14, 2019 (84 FR 27714, June 14, 2019). 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–20–05 of December 16, 2019, the adjustment multiplier for 2020 is 1.01764. In order to complete the 2020 annual adjustment, each current CMP is multiplied by the 2020 adjustment multiplier. Under the FCPIA Act, any increase in CMP must be rounded to the nearest multiple of $1. New Penalty Amounts OFAC imposes CMPs pursuant to the penalty authority in 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 ..................................................................................................................................................... VerDate Sep<11>2014 17:30 Apr 08, 2020 Jkt 250001 PO 00000 Frm 00010 Fmt 4700 Sfmt 4700 E:\FR\FM\09APR1.SGM $89,170 302,584 79,874 09APR1 Maximum CMP amount effective April 9, 2020 $90,743 307,922 81,283 Federal Register / Vol. 85, No. 69 / Thursday, April 9, 2020 / Rules and Regulations FNKDA ..................................................................................................................................................... CDTA ....................................................................................................................................................... In addition to updating these maximum CMP amounts, OFAC is also updating two references to one-half the IEEPA maximum CMP from $151,292 to $153,961. Finally, OFAC is making the following technical changes in the authorities sections of the parts of 31 CFR chapter V that are being amended by this rule: (i) In the authorities sections of 31 CFR parts 501 and 542, OFAC is correcting a typographic error and is changing certain hyphens to en dashes; (ii) in the authorities sections of 31 CFR parts 510, 560, 561, and 583, OFAC is adding CFR Compilation citations for more recently issued Presidential documents listed in those authorities sections and is changing certain hyphens to en dashes; and (iii) in the authorities sections of 31 CFR parts 535, 536, 539, 541, 544, 546, 547, 548, 549, 566, 576, 584, 588, 592, 594, and 598, OFAC is changing certain hyphens to en dashes. Public Participation khammond on DSKJM1Z7X2PROD with RULES The FCPIA Act expressly exempts this final rule from the notice and comment requirements of the Administrative Procedure Act, by directing agencies to adjust CMPs for inflation ‘‘notwithstanding section 553 of title 5, United States Code’’ (Pub. L. 114–74, 129 Stat. 599; 28 U.S.C. 2461 note). As such, this final rule is being issued without prior public notice or opportunity for public comment, with an effective date of April 9, 2020. VerDate Sep<11>2014 15:48 Apr 08, 2020 Jkt 250001 Maximum CMP amount effective April 9, 2020 Existing maximum CMP amount Statute 19885 1,503,470 13,669 1,529,991 13,910 Because the amended regulations involve a foreign affairs function, the provisions of Executive Order 13771 are inapplicable. Subpart D—Trading With the Enemy Act (TWEA) Penalties 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, 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 is revised 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. 4301–4341; Pub. L. 111–195, 124 Stat. 1312 (22 U.S.C. 8501–8551). PO 00000 Frm 00011 Fmt 4700 Sfmt 4700 § 501.701 [Amended] 2. In § 501.701(a)(3), remove ‘‘$89,170’’ and add in its place ‘‘$90,743’’. ■ 3. Amend appendix A to part 501 as follows: ■ a. In paragraph V.B.2.a.i., remove ‘‘$151,292’’ and add in its place ‘‘$153,961’’ and remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ b. In paragraph V.B.2.a.ii., remove ‘‘$302,584’’ in all three locations where it appears and add in its place in all three locations ‘‘$307,922’’. ■ c. In paragraph V.B.2.a.v., remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’, remove ‘‘$89,170’’ and add in its place ‘‘$90,743’’, remove ‘‘$1,503,470’’ and add in its place ‘‘$1,529,991’’, remove ‘‘$79,874’’ and add in its place ‘‘$81,283’’, and remove ‘‘$13,669’’ and add in its place ‘‘$13,910’’. ■ d. Revise paragraph V.B.2.a.vi. The revision reads as follows: Appendix A to Part 501—Economic Sanctions Enforcement Guidelines * * * * * V. * * * B. * * * 2. * * * a. * * * vi. The following matrix represents the base amount of the proposed civil penalty for each category of violation: E:\FR\FM\09APR1.SGM 09APR1 19886 * * * * PART 510—NORTH KOREA SANCTIONS REGULATIONS 4. The authority citation for part 510 is revised 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, 3 CFR, 2008 Comp., p. 195; E.O. 13551, 75 FR 53837, 3 CFR, 2010 Comp., p. 242; E.O. 13570, 76 FR 22291, 3 CFR, 2011 Comp., p. 233; E.O. 13687, 80 FR 819, 3 CFR, 2015 Comp., p. 259; E.O. 13722, 81 FR 14943, 3 CFR, 2016 Comp., p. 446; E.O. 13810, 82 FR 44705, 3 CFR, 2017 Comp., p. 379. Subpart G—Penalties § 510.701 [Amended] 5. In § 510.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. khammond on DSKJM1Z7X2PROD with RULES ■ 6. The authority citation for part 535 is revised 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. 15:48 Apr 08, 2020 Jkt 250001 Subpart G—Penalties § 535.701 [Amended] 7. In § 535.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ Subpart G—Penalties § 536.701 [Amended] 9. In § 536.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ PART 539—WEAPONS OF MASS DESTRUCTION TRADE CONTROL REGULATIONS 10. The authority citation for part 539 is revised 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 (50 U.S.C. 1705 note); E.O. 12938, 59 FR 59099, 3 CFR, 1994 Comp., p. 950; E.O. 13094, 63 FR 40803, 3 CFR, 1998 Comp., p. 200. PART 536—NARCOTICS TRAFFICKING SANCTIONS REGULATIONS Subpart G—Penalties 8. The authority citation for part 536 is revised to read as follows: ■ ■ PART 535—IRANIAN ASSETS CONTROL REGULATIONS VerDate Sep<11>2014 1011 (50 U.S.C. 1705 note); 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. 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. 12978, 60 FR 54579, 3 CFR, 1995 Comp., p. 415; E.O. 13286, 68 FR 10619, 3 CFR, 2003 Comp., p. 166. PO 00000 Frm 00012 Fmt 4700 Sfmt 4700 § 539.701 [Amended] 11. In § 539.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. PART 541—ZIMBABWE SANCTIONS REGULATIONS 12. The authority citation for part 541 is revised 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. E:\FR\FM\09APR1.SGM 09APR1 ER09AP20.000</GPH> * Federal Register / Vol. 85, No. 69 / Thursday, April 9, 2020 / Rules and Regulations Federal Register / Vol. 85, No. 69 / Thursday, April 9, 2020 / Rules and Regulations 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. 13400, 71 FR 25483, 3 CFR, 2006 Comp., p. 220. Subpart G—Penalties § 546.701 § 541.701 ■ 13. In § 541.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. 26. The authority citation for part 560 is revised to read as follows: PART 547—DEMOCRATIC REPUBLIC OF THE CONGO SANCTIONS REGULATIONS PART 542—SYRIAN SANCTIONS REGULATIONS 20. The authority citation for part 547 is revised to read as follows: ■ 14. The authority citation for part 542 is revised 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. 1705 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. 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 § 542.701 16. The authority citation for part 544 is revised 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. 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. ■ [Amended] 21. In § 547.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ 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. In § 548.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ PART 549—LEBANON SANCTIONS REGULATIONS Subpart G—Penalties § 544.701 § 547.701 22. The authority citation for part 548 is revised to read as follows: ■ 24. The authority citation for part 549 is revised to read as follows: ■ 17. In § 544.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ PART 546—DARFUR SANCTIONS REGULATIONS 18. The authority citation for part 546 is revised 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. 15:48 Apr 08, 2020 [Amended] 27. In § 560.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. PART 561—IRANIAN FINANCIAL SANCTIONS REGULATIONS 28. The authority citation for part 561 is revised 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, 3 CFR, 2012 Comp., p. 215; E.O. 13846, 83 FR 38939, 3 CFR, 2018 Comp., p. 854; E.O. 13871, 84 FR 20761. Subpart G—Penalties § 561.701 [Amended] 29. In § 561.701(a)(4), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ [Amended] VerDate Sep<11>2014 Subpart G—Penalties § 560.701 ■ PART 544—WEAPONS OF MASS DESTRUCTION PROLIFERATORS SANCTIONS REGULATIONS 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, 3 CFR, 2018 Comp., p. 854. Subpart G—Penalties PART 548—BELARUS SANCTIONS REGULATIONS [Amended] 15. In § 542.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ PART 560—IRANIAN TRANSACTIONS AND SANCTIONS REGULATIONS ■ [Amended] 19. In § 546.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. [Amended] ■ khammond on DSKJM1Z7X2PROD with RULES Subpart G—Penalties 19887 Jkt 250001 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. In § 549.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ PO 00000 Frm 00013 Fmt 4700 Sfmt 4700 PART 566—HIZBALLAH FINANCIAL SANCTIONS REGULATIONS 30. The authority citation for part 566 is revised 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, 129 Stat. 2205 (50 U.S.C. 1701 note); Pub. L. 115–272, 132 Stat. 4144 (50 U.S.C. 1701 note). E:\FR\FM\09APR1.SGM 09APR1 19888 Federal Register / Vol. 85, No. 69 / Thursday, April 9, 2020 / Rules and Regulations Subpart G—Penalties § 566.701 [Amended] PART 588—WESTERN BALKANS STABILIZATION REGULATIONS L. 104–132, 110 Stat. 1214, 1248–53 (8 U.S.C. 1189, 18 U.S.C. 2339B). 38. The authority citation for part 588 is revised to read as follows: Subpart G—Penalties ■ 31. In § 566.701(b), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ PART 576—IRAQ STABILIZATION AND INSURGENCY SANCTIONS REGULATIONS 32. The authority citation for part 576 is revised 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. ■ 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 (50 U.S.C. 1705 note); 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 § 576.701 [Amended] [Amended] 39. In § 588.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ 40. The authority citation for part 592 is revised to read as follows: ■ Authority: 3 U.S.C. 301; 19 U.S.C. 3901– 3913; 28 U.S.C. 2461 note; 31 U.S.C. 321(b); E.O. 13312, 68 FR 45151, 3 CFR, 2003 Comp., p. 246. 41. In § 592.601(a)(2), remove ‘‘$13,669’’ and add in its place ‘‘$13,910’’. 34. The authority citation for part 583 is revised to read as follows: PART 594—GLOBAL TERRORISM SANCTIONS 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); Pub. L. 114–328, Title XII, Subtitle F, 130 Stat. 2533 (22 U.S.C. 2656 note); E.O. 13818, 82 FR 60839, 3 CFR, 2017 Comp., p. 399. ■ 35. In § 583.701(c), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ PART 584—MAGNITSKY ACT SANCTIONS REGULATIONS 42. The authority citation for part 594 is revised 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 (50 U.S.C. 1705 note); 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; Pub. L. 115–348, 132 Stat. 5055 (50 U.S.C. 1701 note); Pub. L. 115–272, 132 Stat. 4144 (50 U.S.C. 1701 note). Subpart G—Penalties 36. The authority citation for part 584 is revised to read as follows: khammond on DSKJM1Z7X2PROD with RULES ■ 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] 15:48 Apr 08, 2020 [Amended] 43. In § 594.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ PART 597—FOREIGN TERRORIST ORGANIZATIONS SANCTIONS REGULATIONS 44. The authority citation for part 597 continues to read as follows: ■ 37. In § 584.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ VerDate Sep<11>2014 § 594.701 Jkt 250001 Authority: 31 U.S.C. 321(b); Pub. L. 101– 410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. PO 00000 [Amended] 47. In § 598.701(a)(4), remove ‘‘$1,503,470’’ and add in its place ‘‘$1,529,991’’. ■ Andrea Gacki, Director, Office of Foreign Assets Control. [FR Doc. 2020–07509 Filed 4–8–20; 8:45 am] [Amended] ■ [Amended] § 598.701 BILLING CODE 4810–AL–P PART 583—GLOBAL MAGNITSKY SANCTIONS REGULATIONS § 583.701 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 PART 592—ROUGH DIAMONDS CONTROL REGULATIONS § 592.601 ■ PART 598—FOREIGN NARCOTICS KINGPIN SANCTIONS REGULATIONS ■ Subpart F—Penalties 33. In § 576.701(a)(2), remove ‘‘$302,584’’ and add in its place ‘‘$307,922’’. ■ [Amended] 45. In § 597.701(b)(3), remove ‘‘$79,874’’ and add in its place ‘‘$81,283’’. ■ 46. The authority citation for part 598 is revised to read as follows: Subpart G—Penalties § 588.701 § 597.701 Frm 00014 Fmt 4700 Sfmt 4700 ENVIRONMENTAL PROTECTION AGENCY 40 CFR Part 52 [EPA–R04–OAR–2019–0203; FRL–10007– 16–Region 4] Air Plan Approvals; TN; Prevention of Significant Deterioration Infrastructure Requirements for the 2015 Ozone NAAQS Environmental Protection Agency (EPA). ACTION: Final rule. AGENCY: The Environmental Protection Agency (EPA) is conditionally approving portions of the Tennessee infrastructure State Implementation Plan (SIP) submission for the 2015 8hour ozone National Ambient Air Quality Standards (NAAQS) provided to EPA on September 13, 2018. Whenever EPA promulgates a new or revised NAAQS, the Clean Air Act (CAA or Act) requires that states adopt and submit a SIP submission to establish that the state’s SIP meets infrastructure requirements for the implementation, maintenance, and enforcement of each such NAAQS. Specifically, EPA is taking final action to conditionally approve the portions of the Tennessee infrastructure SIP submission related to the prevention of significant deterioration (PSD) infrastructure SUMMARY: E:\FR\FM\09APR1.SGM 09APR1

Agencies

[Federal Register Volume 85, Number 69 (Thursday, April 9, 2020)]
[Rules and Regulations]
[Pages 19884-19888]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-07509]


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

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, 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 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: This rule is effective April 9, 2020.

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.

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 four 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), March 19, 2018 (83 FR 11876, March 
19, 2018), and June 14, 2019 (84 FR 27714, June 14, 2019).

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-20-05 of December 16, 
2019, the adjustment multiplier for 2020 is 1.01764. In order to 
complete the 2020 annual adjustment, each current CMP is multiplied by 
the 2020 adjustment multiplier. Under the FCPIA Act, any increase in 
CMP must be rounded to the nearest multiple of $1.

New Penalty Amounts

    OFAC imposes CMPs pursuant to the penalty authority in 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 amount
             Statute               Existing maximum   effective April 9,
                                      CMP amount             2020
------------------------------------------------------------------------
TWEA............................             $89,170             $90,743
IEEPA...........................             302,584             307,922
AEDPA...........................              79,874              81,283

[[Page 19885]]

 
FNKDA...........................           1,503,470           1,529,991
CDTA............................              13,669              13,910
------------------------------------------------------------------------

In addition to updating these maximum CMP amounts, OFAC is also 
updating two references to one-half the IEEPA maximum CMP from $151,292 
to $153,961.
    Finally, OFAC is making the following technical changes in the 
authorities sections of the parts of 31 CFR chapter V that are being 
amended by this rule: (i) In the authorities sections of 31 CFR parts 
501 and 542, OFAC is correcting a typographic error and is changing 
certain hyphens to en dashes; (ii) in the authorities sections of 31 
CFR parts 510, 560, 561, and 583, OFAC is adding CFR Compilation 
citations for more recently issued Presidential documents listed in 
those authorities sections and is changing certain hyphens to en 
dashes; and (iii) in the authorities sections of 31 CFR parts 535, 536, 
539, 541, 544, 546, 547, 548, 549, 566, 576, 584, 588, 592, 594, and 
598, OFAC is changing certain hyphens to en dashes.

Public Participation

    The FCPIA Act expressly exempts this final rule from the notice and 
comment requirements of the Administrative Procedure Act, by directing 
agencies to adjust CMPs for inflation ``notwithstanding section 553 of 
title 5, United States Code'' (Pub. L. 114-74, 129 Stat. 599; 28 U.S.C. 
2461 note). As such, this final rule is being issued without prior 
public notice or opportunity for public comment, with an effective date 
of April 9, 2020. Because the amended regulations involve a foreign 
affairs function, the provisions of Executive Order 13771 are 
inapplicable.

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, 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 is revised 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. 4301-4341; Pub. L. 111-195, 124 Stat. 1312 (22 
U.S.C. 8501-8551).

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


Sec.  501.701   [Amended]

0
2. In Sec.  501.701(a)(3), remove ``$89,170'' and add in its place 
``$90,743''.

0
3. Amend appendix A to part 501 as follows:
0
a. In paragraph V.B.2.a.i., remove ``$151,292'' and add in its place 
``$153,961'' and remove ``$302,584'' and add in its place ``$307,922''.
0
b. In paragraph V.B.2.a.ii., remove ``$302,584'' in all three locations 
where it appears and add in its place in all three locations 
``$307,922''.
0
c. In paragraph V.B.2.a.v., remove ``$302,584'' and add in its place 
``$307,922'', remove ``$89,170'' and add in its place ``$90,743'', 
remove ``$1,503,470'' and add in its place ``$1,529,991'', remove 
``$79,874'' and add in its place ``$81,283'', and remove ``$13,669'' 
and add in its place ``$13,910''.
0
d. Revise paragraph V.B.2.a.vi.
    The revision reads as follows:

Appendix A to Part 501--Economic Sanctions Enforcement Guidelines

* * * * *
    V. * * *
    B. * * *
    2. * * *
    a. * * *
    vi. The following matrix represents the base amount of the 
proposed civil penalty for each category of violation:

[[Page 19886]]

[GRAPHIC] [TIFF OMITTED] TR09AP20.000

* * * * *

PART 510--NORTH KOREA SANCTIONS REGULATIONS

0
4. The authority citation for part 510 is revised 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, 3 CFR, 
2008 Comp., p. 195; E.O. 13551, 75 FR 53837, 3 CFR, 2010 Comp., p. 
242; E.O. 13570, 76 FR 22291, 3 CFR, 2011 Comp., p. 233; E.O. 13687, 
80 FR 819, 3 CFR, 2015 Comp., p. 259; E.O. 13722, 81 FR 14943, 3 
CFR, 2016 Comp., p. 446; E.O. 13810, 82 FR 44705, 3 CFR, 2017 Comp., 
p. 379.

Subpart G--Penalties


Sec.  510.701   [Amended]

0
5. In Sec.  510.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 535--IRANIAN ASSETS CONTROL REGULATIONS

0
6. The authority citation for part 535 is revised 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 (50 U.S.C. 1705 
note); 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. In Sec.  535.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 536--NARCOTICS TRAFFICKING SANCTIONS REGULATIONS

0
8. The authority citation for part 536 is revised 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. 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. In Sec.  536.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 539--WEAPONS OF MASS DESTRUCTION TRADE CONTROL REGULATIONS

0
10. The authority citation for part 539 is revised 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 (50 U.S.C. 
1705 note); 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. In Sec.  539.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 541--ZIMBABWE SANCTIONS REGULATIONS

0
12. The authority citation for part 541 is revised 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.

[[Page 19887]]

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. In Sec.  541.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 542--SYRIAN SANCTIONS REGULATIONS

0
14. The authority citation for part 542 is revised 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. 1705 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. In Sec.  542.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 544--WEAPONS OF MASS DESTRUCTION PROLIFERATORS SANCTIONS 
REGULATIONS

0
16. The authority citation for part 544 is revised 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. 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. In Sec.  544.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 546--DARFUR SANCTIONS REGULATIONS

0
18. The authority citation for part 546 is revised 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. In Sec.  546.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 547--DEMOCRATIC REPUBLIC OF THE CONGO SANCTIONS REGULATIONS

0
20. The authority citation for part 547 is revised 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. In Sec.  547.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 548--BELARUS SANCTIONS REGULATIONS

0
22. The authority citation for part 548 is revised 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. In Sec.  548.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 549--LEBANON SANCTIONS REGULATIONS

0
24. The authority citation for part 549 is revised 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. In Sec.  549.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 560--IRANIAN TRANSACTIONS AND SANCTIONS REGULATIONS

0
26. The authority citation for part 560 is revised 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, 3 CFR, 2018 Comp., p. 854.

Subpart G--Penalties


Sec.  560.701   [Amended]

0
27. In Sec.  560.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 561--IRANIAN FINANCIAL SANCTIONS REGULATIONS

0
28. The authority citation for part 561 is revised 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, 3 CFR, 2012 Comp., p. 215; E.O. 13846, 83 FR 38939, 3 CFR, 
2018 Comp., p. 854; E.O. 13871, 84 FR 20761.

Subpart G--Penalties


Sec.  561.701   [Amended]

0
29. In Sec.  561.701(a)(4), remove ``$302,584'' and add in its place 
``$307,922''.

PART 566--HIZBALLAH FINANCIAL SANCTIONS REGULATIONS

0
30. The authority citation for part 566 is revised 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, 129 Stat. 2205 (50 U.S.C. 1701 note); Pub. L. 115-272, 132 
Stat. 4144 (50 U.S.C. 1701 note).

[[Page 19888]]

Subpart G--Penalties


Sec.  566.701   [Amended]

0
31. In Sec.  566.701(b), remove ``$302,584'' and add in its place 
``$307,922''.

PART 576--IRAQ STABILIZATION AND INSURGENCY SANCTIONS REGULATIONS

0
32. The authority citation for part 576 is revised 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 (50 
U.S.C. 1705 note); 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. In Sec.  576.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 583--GLOBAL MAGNITSKY SANCTIONS REGULATIONS

0
34. The authority citation for part 583 is revised 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, 3 CFR, 2017 Comp., p. 399.


Sec.  583.701   [Amended]

0
35. In Sec.  583.701(c), remove ``$302,584'' and add in its place 
``$307,922''.

PART 584--MAGNITSKY ACT SANCTIONS REGULATIONS

0
36. The authority citation for part 584 is revised 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. In Sec.  584.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 588--WESTERN BALKANS STABILIZATION REGULATIONS

0
38. The authority citation for part 588 is revised 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. In Sec.  588.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 592--ROUGH DIAMONDS CONTROL REGULATIONS

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

    Authority:  3 U.S.C. 301; 19 U.S.C. 3901-3913; 28 U.S.C. 2461 
note; 31 U.S.C. 321(b); E.O. 13312, 68 FR 45151, 3 CFR, 2003 Comp., 
p. 246.

Subpart F--Penalties


Sec.  592.601   [Amended]

0
41. In Sec.  592.601(a)(2), remove ``$13,669'' and add in its place 
``$13,910''.

PART 594--GLOBAL TERRORISM SANCTIONS REGULATIONS

0
42. The authority citation for part 594 is revised 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 (50 U.S.C. 1705 
note); 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; 
Pub. L. 115-348, 132 Stat. 5055 (50 U.S.C. 1701 note); Pub. L. 115-
272, 132 Stat. 4144 (50 U.S.C. 1701 note).

Subpart G--Penalties


Sec.  594.701   [Amended]

0
43. In Sec.  594.701(a)(2), remove ``$302,584'' and add in its place 
``$307,922''.

PART 597--FOREIGN TERRORIST ORGANIZATIONS SANCTIONS REGULATIONS

0
44. 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
45. In Sec.  597.701(b)(3), remove ``$79,874'' and add in its place 
``$81,283''.

PART 598--FOREIGN NARCOTICS KINGPIN SANCTIONS REGULATIONS

0
46. The authority citation for part 598 is revised 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
47. In Sec.  598.701(a)(4), remove ``$1,503,470'' and add in its place 
``$1,529,991''.

Andrea Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2020-07509 Filed 4-8-20; 8:45 am]
 BILLING CODE 4810-AL-P

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