Office of Foreign Assets Control June 2013 – Federal Register Recent Federal Regulation Documents

The Office of Foreign Assets Control (``OFAC'') of the U.S. Department of the Treasury is amending the Global Terrorism Sanctions Regulations and the Terrorism Sanctions Regulations (the ``TSR'') to clarify the scope of prohibitions on the making of donations contained in the underlying Executive orders and that a person whose property and interests in property are blocked pursuant to those programs has an interest in all property and interests in property of an entity in which it owns, directly or indirectly, a 50 percent or greater interest. In addition, OFAC is amending the TSR to add a definition of the term ``financial, material, or technological support'' and to set at 180 days the maximum term of maturity for instruments in which funds may be invested or held within a blocked interest-bearing account. Finally, OFAC is correcting a clerical error within the Foreign Terrorist Organizations Sanctions Regulations.

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the names of 38 entities identified as the Government of Iran under the Iranian Transactions and Sanctions Regulations, 31 CFR part 560 (``ITSR''), and Executive Order 13599.

The U.S. Department of the Treasury's Office of Foreign Assets Control (``OFAC'') is publishing the names of 18 individuals and 15 entities whose property and interests in property have been blocked pursuant to the Foreign Narcotics Kingpin Designation Act (``Kingpin Act'') (21 U.S.C. 1901-1908, 8 U.S.C. 1182).

The Department of the Treasury's Office of Foreign Assets Control (``OFAC'') is publishing the names of the individuals whose property and interests in property have been unblocked pursuant to Executive Order 12978 of October 21, 1995, ``Blocking Assets and Prohibiting Transactions With Significant Narcotics Traffickers''.

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the names of 3 individuals and 10 entities whose property and interests in property are blocked pursuant to Executive Order 13224 of September 23, 2001, ``Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism.''

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the name of two (2) entities designated on May 30, 2013, as entities whose property and interests in property are blocked pursuant to Executive Order 13628 of October 9, 2012, ``Authorizing the Implementation of Certain Sanctions Set Forth in the Iran Threat Reduction and Syria Human Rights Act of 2012 and Additional Sanctions With Respect to Iran.''

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the names of six individuals identified as the Government of Iran pursuant to the Iranian Transactions and Sanctions Regulations, 31 CFR part 560 (``ITSR''), and Executive Order 13599.