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OFAC removes Burundi sanctions regulations

February 16, 2022

On February 10, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced a final rule to remove the Burundi Sanctions Regulations. According to OFAC, the action is being taken “because the national emergency on which part 554 was based was terminated by the President on November 18, 2021.” The final rule took effect on February 11.