OFAC issues amended Weapons of Mass Destruction Trade Control Regulations

Financial Crimes OFAC Federal Register Of Interest to Non-US Persons

On December 23, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced amendments to the Weapons of Mass Destruction Trade Control Regulations. The amendments, among other things: (i) add Executive Order 13382, “Blocking Property of Weapons of Mass Destruction Proliferators and Their Supporters” as an authority to the regulations; (ii) eliminate appendix I, containing an outdated list of persons subject to import measures, from the regulations; and (iii) revise three definitions in the regulations to reflect the removal of appendix I and to make technical edits to the authority citation. The amendments took effect on December 27.