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Except as otherwise authorized, new investment, as defined in § 537.311, in Burma by U.S. persons is prohibited.
See § 537.530 for a general license authorizing new investment in Burma by U.S. persons.
This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.
This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].
It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.
§ 301 - General authorization to delegate functions; publication of delegations
§ 321 - General authority of the Secretary
§ 1601 - Termination of existing declared emergencies
§ 1621 - Declaration of national emergency by President; publication in Federal Register; effect on other laws; superseding legislation
§ 1622 - National emergencies
§ 1631 - Declaration of national emergency by Executive order; authority; publication in Federal Register; transmittal to Congress
§ 1641 - Accountability and reporting requirements of President
§ 1651 - Other laws, powers and authorities conferred thereby, and actions taken thereunder; Congressional studies
§ 1701 - Unusual and extraordinary threat; declaration of national emergency; exercise of Presidential authorities
§ 1702 - Presidential authorities
§ 1703 - Consultation and reports
§ 1704 - Authority to issue regulations
§ 1705 - Penalties
§ 1706 - Savings provisions
110 Stat. 3009
110 Stat. 3009-166
117 Stat. 864
120 Stat. 192
Executive Order ... 13047
Executive Order ... 13310
Title 31 published on 08-Apr-2017 03:32
The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 31 CFR Part 537 after this date.
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing this interim final rule to amend its regulations for the relevant sanctions programs it administers to implement the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996 and the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. In particular, this rule adjusts for inflation the maximum amount of the civil monetary penalties that may be assessed under relevant OFAC regulations, including by making conforming changes to OFAC's “Economic Sanctions Enforcement Guidelines.”
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending the Burmese Sanctions Regulations to add a general license authorizing certain transactions related to U.S. persons residing in Burma. OFAC is also incorporating a general license authorizing certain transactions incident to exports to and from Burma that has, until now, appeared only on OFAC's Web site on the Burma sanctions page, and expanding this authorization to allow certain transactions incident to the movement of goods within Burma that otherwise would be prohibited. Finally, OFAC is expanding and updating another existing authorization allowing most transactions involving certain blocked financial institutions.
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is amending and reissuing in their entirety the Burmese Sanctions Regulations to implement Executive Order 13448 of October 18, 2007, “Blocking Property and Prohibiting Certain Transactions Related to Burma,” Executive Order 13464 of April 30, 2008, “Blocking Property and Prohibiting Certain Transactions Related to Burma,” Executive Order 13619 of July 11, 2012, “Blocking Property of Persons Threatening the Peace, Security, or Stability of Burma,” and Executive Order 13651 of August 6, 2013, “Prohibiting Certain Imports of Burmese Jadeite and Rubies.”