Regulatory intelligence for US exporters

OFAC Amends South Sudan Sanctions Regs

The Office of Foreign Assets Control amended and replaced its South Sudan Sanctions Regulations to “further implement” a 2014 executive order. The new, “more comprehensive” set of regulations includes “additional interpretive and definitional guidance, general licenses, and other regulatory provisions…

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that will provide further guidance to the public,” OFAC said. The changes take effect May 18.