Treasury’s Office of Foreign Assets Control (OFAC) is materially amending the Syrian Sanctions Regulations, 31 C.F.R. Part 542.
In addition to new prohibitions, OFAC is adding several relevant definitions and interpretations and one new general license. OFAC is also incorporating, with amendments, one general license; updating six general licenses; and publishing a list of areas in which activities are authorized under General License 22.
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