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ARTICLE · 03 JUNE 2021

OFAC Issues Burma Sanctions Regulations

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OFAC issued Burma Sanctions Regulations to implement Executive Order 14014.

United StatesInternational Law
Hogan Lovells Cadwalader
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OFAC issued Burma Sanctions Regulations to implement Executive Order ("EO") 14014 ("Blocking Property with Respect to the Situation in Burma"). The President signed the EO on February 10, 2021 (see previous coverage here). OFAC stated that it published the regulations in an abbreviated form for "immediate guidance to the public," but added that it intends to supplement the new Part 525 regulations with a more comprehensive set of regulations.

The regulations will go into effect upon publication in the Federal Register, scheduled for June 1, 2021.

Primary Sources

  1. OFAC Final Rule: Burma Sanctions Regulations

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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