Department of Treasury January 12, 2006 – Federal Register Recent Federal Regulation Documents

The Office of Foreign Assets Control (``OFAC'') of the U.S. Department of the Treasury is issuing this interim final rule, ``Economic Sanctions Enforcement Procedures for Banking Institutions,'' along with a request for comments. This interim final rule supercedes OFAC's proposed rule of January 29, 2003,\1\ to the extent that the proposed rule applies to ``banking institutions,'' as defined below. These administrative procedures are published as an appendix to the Reporting, Procedures and Penalties Regulations, 31 CFR Part 501.

This document corrects final regulations (TD 9234) that was published in the Federal Register on Monday, December 19, 2005 (70 FR 75028). The final regulations relates to the definition of private activity bond applicable to tax-exempt bonds issued by State and local governments.