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Burundi Sanctions Regulations

Rule published February 11, 2022 · 87 FR 7943

Document number
FR Doc. 2022-02949
Type
Rule
Published
February 11, 2022
Citation
87 FR 7943 (pages 7,943–7,944)
Action
Final rule.
Effective
February 11, 2022
Dates
This rule is effective February 11, 2022.
Official sources
PDF (govinfo.gov) · federalregister.gov

Summary

The Federal Register's summaryThe Department of the Treasury's Office of Foreign Assets Control (OFAC) is removing from the Code of Federal Regulations the Burundi Sanctions Regulations as a result of the termination of the national emergency on which the regulations were based.

Regulations cited

OFAC has reused some part numbers, so today's heading can name a different regulation from the one this document concerned.

Executive orders cited

Text

As the Government Publishing Office publishes it. Pages OFAC printed as images (in recent notices, the lists of names) are in the official PDF.

[Federal Register Volume 87, Number 29 (Friday, February 11, 2022)]
[Rules and Regulations]
[Pages 7943-7944]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-02949]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 554


Burundi Sanctions Regulations

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Final rule.

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[[Page 7944]]

SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is removing from the Code of Federal Regulations the
Burundi Sanctions Regulations as a result of the termination of the
national emergency on which the regulations were based.

DATES: This rule is effective February 11, 2022.

FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs,
202-622-4855; or Assistant Director for Sanctions Compliance &
Evaluation, 202-622-2490.

SUPPLEMENTARY INFORMATION:

Electronic Availability

    This document and additional information concerning OFAC are
available on OFAC's website: www.treasury.gov/ofac.

Background

    On November 22, 2015, the President, invoking the authority of,
inter alia, the International Emergency Economic Powers Act (50 U.S.C.
1701-1706) (IEEPA), issued Executive Order (E.O.) 13712, ``Blocking
Property of Certain Persons Contributing to the Situation in Burundi''
(80 FR 73633, November 25, 2015). In E.O. 13712, the President found
that the situation in Burundi, which had been marked by the killing of
and violence against civilians, unrest, incitement of imminent
violence, and significant political repression, and which threatened
the peace, security, and stability of Burundi, constituted an unusual
and extraordinary threat to the national security and foreign policy of
the United States, and declared a national emergency to deal with that
threat.
    On April 6, 2016, OFAC issued the Burundi Sanctions Regulations, 31
CFR part 554 (81 FR 19878, April 6, 2016) (the ``Regulations''), as a
final rule to implement E.O. 13712. The Regulations were issued in
abbreviated form for the purpose of providing immediate guidance to the
public.
    On November 18, 2021, the President issued E.O. 14054,
``Termination of Emergency With Respect to the Situation in Burundi''
(86 FR 66149, November 19, 2021). In E.O. 14054, the President found
that the situation that gave rise to the declaration of a national
emergency in E.O. 13712 with respect to the situation in Burundi had
been significantly altered by events of the past year, including the
transfer of power following elections in 2020, significantly decreased
violence, and President Ndayishimiye's pursuit of reforms across
multiple sectors. Accordingly, the President terminated the national
emergency declared in E.O. 13712 and revoked that order.
    As a result, OFAC is removing the Regulations from the Code of
Federal Regulations. Pursuant to section 202(a) of the National
Emergencies Act (50 U.S.C. 1622(a)) and section 2 of E.O. 14054,
termination of the national emergency declared in E.O. 13712 shall not
affect any action taken or proceeding pending not finally concluded or
determined as of November 18, 2021 (the date of E.O. 14054), any action
or proceeding based on any act committed prior to the date of E.O.
14054, or any rights or duties that matured or penalties that were
incurred prior to the date of E.O. 14054.

Public Participation

    Because the Regulations involve a foreign affairs function, the
provisions of E.O. 12866 of September 30, 1993, ``Regulatory Planning
and Review'' (58 FR 51735, October 4, 1993), and the Administrative
Procedure Act (5 U.S.C. 553) requiring notice of proposed rulemaking,
opportunity for public participation, and delay in effective date are
inapplicable. Because no notice of proposed rulemaking is required for
this rule, the Regulatory Flexibility Act (5 U.S.C. 601-612) does not
apply.

Paperwork Reduction Act

    The Paperwork Reduction Act does not apply because this rule does
not impose information collection requirements that would require the
approval of the Office of Management and Budget under 44 U.S.C. 3501 et
seq.

List of Subjects in 31 CFR Part 554

    Administrative practice and procedure, Banks, banking, Blocking of
assets, Brokers, Burundi, Credit, Foreign trade, Investments, Loans,
Sanctions, Securities, Services.

PART 554--[REMOVED]

0
For the reasons set forth in the preamble, and pursuant to 50 U.S.C.
1601-1651 and E.O. 14054 (86 FR 66149, November 19, 2021), OFAC amends
31 CFR chapter V by removing part 554.

Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-02949 Filed 2-10-22; 8:45 am]
BILLING CODE 4810-AL-P

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