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US Office of Foreign Assets Control (OFAC) Implements New Economic Sanctions Against Burundi

By Trade Practitioner on May 24, 2016
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OFAC has issued new regulations (at 31 C.F.R. Part 554) implementing the President’s Executive Order 13712, of 22 November 2015, imposing sanctions against Burundi. The sanctions consist of measures blocking property and interests in property of persons listed in or designated pursuant to Executive Order 13712, published in the Federal Register and incorporated into OFAC’s Specially Designated Nationals and Blocked Persons List (SDN List) with the identifier “[BURUNDI].” Those individuals include four individuals listed in the Annex to Executive Order 13712, as well as other persons found to threaten the peace, security or stability of Burundi; to have taken actions undermining democratic processes or institutions in Burundi; or to engage in various other human rights abuses or other destabilizing activities in Burundi.

  • Posted in:
    Government and Public Policy
  • Blog:
    The Trade Practitioner
  • Organization:
    Squire Patton Boggs
  • Article: View Original Source

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