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OFAC reissues Central African Republic Sanctions Regulations and Western Balkans Stabilization Regulations

October 6, 2022

On September 28, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced the reissuance of the Central African Republic Sanctions Regulations and the Western Balkans Stabilization Regulations. OFAC noted that the Central African Republic Sanctions Regulations were previously published in abbreviated form in 2014, and the Western Balkans Stabilization Regulations were originally published in abbreviated form in 2002 and last amended in 2011. The reissued regulations include, among other things, additional interpretive guidance and definitions, general licenses, and other regulatory provisions that will provide further guidance to the public. The regulations are effective immediately.