OFAC Removes Terrorism Sanctions From Regulations

The Treasury's Office of Foreign Assets Control is removing the Terrorism Sanctions Regulations from the Code of Federal Regulations, OFAC said in a notice. The change was made due to the “termination of the national emergency on which the regulations were based.” The change will not affect any action taken or any action pending and not “finally concluded” as of 12:01 a.m. on Sept. 10, 2019, the notice said. The change is effective March 10.