Rule2023-00593
Inflation Adjustment of Civil Monetary Penalties
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
January 13, 2023
Effective
January 13, 2023
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing this final rule to adjust certain civil monetary penalties for inflation pursuant to the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 9 (Friday, January 13, 2023)</title>
</head>
<body><pre>
[Federal Register Volume 88, Number 9 (Friday, January 13, 2023)]
[Rules and Regulations]
[Pages 2229-2234]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-00593]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Parts 501, 510, 535, 536, 539, 541, 542, 544, 546, 547, 548,
549, 551, 552, 553, 560, 561, 566, 570, 576, 578, 583, 584, 588,
589, 590, 592, 594, 597, and 598
Inflation Adjustment of Civil Monetary Penalties
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is issuing this final rule to adjust certain civil
monetary penalties for inflation pursuant to the Federal Civil
Penalties Inflation Adjustment Act of 1990, as amended by the Federal
Civil Penalties Inflation Adjustment Act Improvements Act of 2015.
DATES: This rule is effective January 13, 2023.
FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs,
202-622-4855; Assistant Director for Sanctions Compliance & Evaluation,
202-622-2490.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available from OFAC's website (<a href="http://www.treas.gov/ofac">www.treas.gov/ofac</a>).
Background
Section 4 of the Federal Civil Penalties Inflation Adjustment Act
(1990 Pub. L. 101-410, 104 Stat. 890; 28 U.S.C. 2461 note), as amended
by the Federal Civil Penalties Inflation Adjustment Act Improvements
Act of 2015 (Pub. L. 114-74, 129 Stat. 599, 28 U.S.C. 2461 note) (the
FCPIA Act), requires each federal agency with statutory authority to
assess civil monetary penalties (CMPs) to adjust CMPs annually for
inflation according to a formula described in section 5 of the FCPIA
Act. One purpose of the FCPIA Act is to ensure that CMPs continue to
maintain their deterrent effect through periodic cost-of-living based
adjustments.
OFAC has adjusted its CMPs eight times since the Federal Civil
Penalties Inflation Adjustment Act Improvements Act went into effect on
November 2, 2015: an initial catch-up adjustment on August 1, 2016 (81
FR 43070, July 1, 2016); an additional initial catch-up adjustment
related to CMPs for failure to comply with a requirement to furnish
information, the late filing of a required report, and failure to
maintain records (``recordkeeping CMPs'') that were inadvertently
omitted from the August 1, 2016 initial catch-up adjustment on October
5, 2020 (85 FR 54911, September 3, 2020); and annual adjustments on
February 10, 2017 (82 FR 10434, February 10, 2017); March 19, 2018 (83
FR 11876, March 19, 2018); June 14, 2019 (84 FR 27714, June 14, 2019);
April 9, 2020 (85 FR 19884, April 9, 2020); March 17, 2021 (86 FR
14534, March 17, 2021); and February 9, 2022 (87 FR 7369, February 9,
2022).
[[Page 2230]]
Method of Calculation
The method of calculating CMP adjustments applied in this final
rule is required by the FCPIA Act. Under the FCPIA Act and the Office
of Management and Budget guidance required by the FCPIA Act, annual
inflation adjustments subsequent to the initial catch-up adjustment are
to be based on the percent change between the Consumer Price Index for
all Urban Consumers (``CPI-U'') for the October preceding the date of
the adjustment and the prior year's October CPI-U. As set forth in
Office of Management and Budget Memorandum M-23-05 of December 15,
2022, the adjustment multiplier for 2023 is 1.07745. In order to
complete the 2023 annual adjustment, each current CMP is multiplied by
the 2023 adjustment multiplier. Under the FCPIA Act, any increase in
CMP must be rounded to the nearest multiple of $1.
New Penalty Amounts
OFAC imposes CMPs pursuant to the penalty authority in five
statutes: the Trading With the Enemy Act (50 U.S.C. 4301-4341, at 4315)
(TWEA); the International Emergency Economic Powers Act (50 U.S.C.
1701-1706, at 1705) (IEEPA); the Antiterrorism and Effective Death
Penalty Act of 1996 (18 U.S.C. 2339B) (AEDPA); the Foreign Narcotics
Kingpin Designation Act (21 U.S.C. 1901-1908, at 1906) (FNKDA); and the
Clean Diamond Trade Act (19 U.S.C. 3901-3913, at 3907) (CDTA).
The table below summarizes the existing and new maximum CMP amounts
for each statute.
Table 1--Maximum CMP Amounts for Relevant Statutes
------------------------------------------------------------------------
Maximum CMP
Statute Existing maximum amount effective
CMP amount January 13, 2023
------------------------------------------------------------------------
TWEA.............................. $97,529 $105,083
IEEPA............................. 330,947 356,579
AEDPA............................. 87,361 94,127
FNKDA............................. 1,644,396 1,771,754
CDTA.............................. 14,950 16,108
------------------------------------------------------------------------
In addition to updating these maximum CMP amounts, OFAC is also
updating two references to one-half the IEEPA maximum CMP from $165,474
to $178,290, and is adjusting the recordkeeping CMP amounts found in
OFAC's Economic Sanctions Enforcement Guidelines in appendix A to 31
CFR part 501. The table below summarizes the existing and new maximum
CMP amounts for OFAC's recordkeeping CMPs.
Table 2--Maximum CMP Amounts for Recordkeeping CMPs
------------------------------------------------------------------------
Maximum CMP
Violation Existing maximum amount effective
CMP amount January 13, 2023
------------------------------------------------------------------------
Failure to furnish information $25,542 $27,520
pursuant to 31 CFR 501.602
irrespective of whether any other
violation is alleged.............
Failure to furnish information 63,855 68,801
pursuant to 31 CFR 501.602 where
OFAC has reason to believe that
the apparent violation(s)
involves a transaction(s) valued
at greater than $500,000,
irrespective of whether any other
violation is alleged.............
Late filing of a required report, 3,192 3,439
whether set forth in regulations
or in a specific license, if
filed within the first 30 days
after the report is due..........
Late filing of a required report, 6,386 6,881
whether set forth in regulations
or in a specific license, if
filed more than 30 days after the
report is due....................
Late filing of a required report, 1,278 1,377
whether set forth in regulations
or in a specific license, if the
report relates to blocked assets,
an additional CMP for every 30
days that the report is overdue,
up to five years.................
Failure to maintain records in 63,973 68,928
conformance with the requirements
of OFAC's regulations or of a
specific license.................
------------------------------------------------------------------------
Public Participation
The FCPIA Act expressly exempts this final rule from the notice and
comment requirements of the Administrative Procedure Act by directing
agencies to adjust CMPs for inflation ``notwithstanding section 553 of
title 5, United States Code'' (Pub. L. 114-74, 129 Stat. 599; 28 U.S.C.
2461 note). As such, this final rule is being issued without prior
public notice or opportunity for public comment, with an effective date
of January 13, 2023.
Regulatory Flexibility Act
Because no notice of proposed rulemaking is required, the
provisions of the Regulatory Flexibility Act (5 U.S.C. 601 et seq.) do
not apply.
Executive Order 12866
This rule is not a significant action as defined in section 3.f. of
Executive Order 12866 of September 30, 1993, ``Regulatory Planning and
Review'' (58 FR 51735, October 4, 1993).
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 Parts 501, 510, 535, 536, 539, 541, 542,
544, 546, 547, 548, 549, 551, 552, 553, 560, 561, 566, 570, 576,
578, 583, 584, 588, 589, 590, 592, 594, 597, and 598
Administrative practice and procedure, Banks, banking, Blocking of
assets, Exports, Foreign trade, Licensing, Penalties, Sanctions.
For the reasons set forth in the preamble, OFAC amends 31 CFR
chapter V as follows:
[[Page 2231]]
PART 501--REPORTING, PROCEDURES AND PENALTIES REGULATIONS
0
1. The authority citation for part 501 continues to read as follows:
Authority: 8 U.S.C. 1189; 18 U.S.C. 2332d, 2339B; 19 U.S.C.
3901-3913; 21 U.S.C. 1901-1908; 22 U.S.C. 287c, 2370(a), 6009, 6032,
7205, 8501-8551; 31 U.S.C. 321(b); 50 U.S.C. 1701-1706, 4301-4341;
Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note).
Subpart D--Trading With the Enemy Act (TWEA) Penalties
Sec. 501.701 [Amended]
0
2. In Sec. 501.701, in paragraph (a)(3) introductory text, remove
``$97,529'' and add in its place ``$105,083''.
0
3. Amend appendix A to part 501 as follows:
0
a. In paragraph IV.A., remove ``$25,542'' and add in its place
``$27,520'' and remove ``$63,855'' and add in in its place ``$68,801''.
0
b. In paragraph IV.B., remove ``$3,192'' and add in its place
``$3,439'', remove ``$6,386'' and add in its place ``$6,881'', and
remove ``$1,278'' and add in its place ``$1,377''.
0
c. In paragraph IV.C., remove ``$63,973'' and add in its place
``$68,928''.
0
d. In paragraph V.B.2.a.i., remove ``$165,474'' and add in its place
``$178,290'' and remove ``$330,947'' and add in its place ``$356,579''.
0
e. In paragraph V.B.2.a.ii., remove ``$330,947'' in all three locations
where it appears and add in its place in all three locations
``$356,579''.
0
f. In paragraph V.B.2.a.v., remove ``$330,947'' and add in its place
``$356,579'', remove ``$97,529'' and add in its place ``$105,083'',
remove ``$1,644,396'' and add in its place ``$1,771,754 '', remove
``$87,361'' and add in its place ``$94,127'', and remove ``$14,950''
and add in its place ``$16,108''.
0
g. Revise paragraph V.B.2.a.vi.
The revision reads as follows:
Appendix A to Part 501--Economic Sanctions Enforcement Guidelines.
* * * * *
V. * * *
B. * * * 2. * * *
a. * * *
v. The following matrix represents the base amount of the proposed
civil penalty for each category of violation:
BILLING CODE 4810-A-P
[GRAPHIC] [TIFF OMITTED] TR13JA23.005
PART 510--NORTH KOREA SANCTIONS REGULATIONS
0
4. The authority citation for part 510 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; 22 U.S.C. 287c, 9201-9255; Pub. L. 101-410, 104 Stat.
890, as amended (28 U.S.C. 2461 note); Pub. L. 115-44, 131 Stat. 886
(codified in scattered sections of 22 U.S.C.); E.O. 13466, 73 FR
36787, 3 CFR, 2008 Comp., p. 195; E.O. 13551, 75 FR 53837, 3 CFR,
2010 Comp., p. 242; E.O. 13570, 76 FR 22291, 3 CFR, 2011 Comp., p.
233; E.O. 13687, 80 FR 819, 3 CFR, 2015 Comp., p. 259; E.O. 13722,
81 FR 14943, 3 CFR, 2016 Comp., p. 446; E.O. 13810, 82 FR 44705, 3
CFR, 2017 Comp., p. 379.
Subpart G--Penalties and Finding of Violation
Sec. 510.701 [Amended]
0
5. In Sec. 510.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
[[Page 2232]]
PART 535--IRANIAN ASSETS CONTROL REGULATIONS
0
6. The authority citation for part 535 continues to read as follows:
Authority: 3 U.S.C. 301; 18 U.S.C. 2332d; 31 U.S.C. 321(b); 50
U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 12170, 44 FR 65729, 3 CFR, 1979
Comp., p. 457; E.O. 12205, 45 FR 24099, 3 CFR, 1980 Comp., p. 248;
E.O. 12211, 45 FR 26685, 3 CFR, 1980 Comp., p. 253; E.O. 12276, 46
FR 7913, 3 CFR, 1981 Comp., p. 104; E.O. 12279, 46 FR 7919, 3 CFR,
1981 Comp., p. 109; E.O. 12280, 46 FR 7921, 3 CFR, 1981 Comp., p.
110; E.O. 12281, 46 FR 7923, 3 CFR, 1981 Comp., p. 112; E.O. 12282,
46 FR 7925, 3 CFR, 1981 Comp., p. 113; E.O. 12283, 46 FR 7927, 3
CFR, 1981 Comp., p. 114; E.O. 12294, 46 FR 14111, 3 CFR, 1981 Comp.,
p. 139.
Subpart G--Penalties
Sec. 535.701 [Amended]
0
7. In Sec. 535.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 536--NARCOTICS TRAFFICKING SANCTIONS REGULATIONS
0
8. The authority citation for part 536 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 12978, 60 FR 54579, 3 CFR, 1995 Comp., p. 415; E.O.
13286, 68 FR 10619, 3 CFR, 2003 Comp., p. 166.
Subpart G--Penalties
Sec. 536.701 [Amended]
0
9. In Sec. 536.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 539--WEAPONS OF MASS DESTRUCTION TRADE CONTROL REGULATIONS
0
10. The authority citation for part 539 continues to read as follows:
Authority: 3 U.S.C. 301; 22 U.S.C. 2751-2799aa-2; 31 U.S.C.
321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat.
890, as amended (28 U.S.C. 2461 note); E.O. 12938, 59 FR 59099, 3
CFR, 1994 Comp., p. 950; E.O. 13094, 63 FR 40803, 3 CFR, 1998 Comp.,
p. 200; E.O. 13382; 70 FR 38567, 3 CFR, 2005 Comp. p. 170.
Subpart G--Penalties
Sec. 539.701 [Amended]
0
11. In Sec. 539.701, in paragraph (a)(2), remove ``$330.947'' and add
in its place ``$356,579''.
PART 541--ZIMBABWE SANCTIONS REGULATIONS
0
12. The authority citation for part 541 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 13288, 68 FR 11457, 3 CFR, 2003 Comp., p. 186; E.O.
13391, 70 FR 71201, 3 CFR, 2005 Comp., p. 206; E.O. 13469, 73 FR
43841, 3 CFR, 2008 Comp., p. 1025.
Subpart G--Penalties
Sec. 541.701 [Amended]
0
13. In Sec. 541.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 542--SYRIAN SANCTIONS REGULATIONS
0
14. The authority citation for part 542 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 18 U.S.C. 2332d; 22
U.S.C. 287c; 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104
Stat. 890, as amended (28 U.S.C. 2461 note); Pub. L. 116-92, Div. F,
Title LXXIV, 133 Stat. 2290 (22 U.S.C. 8791 note); E.O. 13338, 69 FR
26751, 3 CFR, 2004 Comp., p. 168; E.O. 13399, 71 FR 25059, 3 CFR,
2006 Comp., p. 218; E.O. 13460, 73 FR 8991, 3 CFR 2008 Comp., p.
181; E.O. 13572, 76 FR 24787, 3 CFR 2011 Comp., p. 236; E.O. 13573,
76 FR 29143, 3 CFR 2011 Comp., p. 241; E.O. 13582, 76 FR 52209, 3
CFR 2011 Comp., p. 264; E.O. 13606, 77 FR 24571, 3 CFR 2012 Comp.,
p. 243.
Subpart G--Penalties
Sec. 542.701 [Amended]
0
15. In Sec. 542.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 544--WEAPONS OF MASS DESTRUCTION PROLIFERATORS SANCTIONS
REGULATIONS
0
16. The authority citation for part 544 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 12938, 59 FR 59099, 3 CFR, 1994 Comp., p. 950; E.O.
13094, 63 FR 40803, 3 CFR, 1998 Comp., p. 200; E.O. 13382, 70 FR
38567, 3 CFR, 2005 Comp., p. 170.
Subpart G--Penalties
Sec. 544.701 [Amended]
0
17. In Sec. 544.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 546--DARFUR SANCTIONS REGULATIONS
0
18. The authority citation for part 546 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 13067, 62 FR 59989, 3 CFR, 1997
Comp., p. 230; E.O. 13400, 71 FR 25483, 3 CFR, 2006 Comp., p. 220.
Subpart G--Penalties
Sec. 546.701 [Amended]
0
19. In Sec. 546.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 547--DEMOCRATIC REPUBLIC OF THE CONGO SANCTIONS REGULATIONS
0
20. The authority citation for part 547 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 13413, 71 FR 64105, 3 CFR, 2006
Comp., p. 247; E.O. 13671, 79 FR 39949, 3 CFR, 2015 Comp., p. 280.
Subpart G--Penalties and Finding of Violation
Sec. 547.701 [Amended]
0
21. In Sec. 547.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 548--BELARUS SANCTIONS REGULATIONS
0
22. The authority citation for part 548 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 13405, 71 FR 35485, 3 CFR, 2006 Comp., p. 231.
Subpart G--Penalties
Sec. 548.701 [Amended]
0
23. In Sec. 548.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 549--LEBANON SANCTIONS REGULATIONS
0
24. The authority citation for part 549 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 13441, 72 FR 43499, 3 CFR, 2008 Comp., p. 232.
[[Page 2233]]
Subpart G--Penalties
Sec. 549.701 [Amended]
0
25. In Sec. 549.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 551--SOMALIA SANCTIONS REGULATIONS
0
26. The authority citation for part 551 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 13536, 75 FR 19869, 3 CFR, 2010
Comp., p. 203; E.O. 13620, 77 FR 43483, 3 CFR, 2012 Comp., p. 281.
Subpart G--Penalties and Findings of Violation
Sec. 551.701 [Amended]
0
27. In Sec. 551.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 552--YEMEN SANCTIONS REGULATIONS
0
28. The authority citation for part 552 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 13611, 77 FR 29533, 3 CFR, 2012 Comp., p. 260.
Subpart G--Penalties and Findings of Violation
Sec. 552.701 [Amended]
0
29. In Sec. 552.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 553--CENTRAL AFRICAN REPUBLIC SANCTIONS REGULATIONS
0
30. The authority citation for part 553 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 13667, 77 FR 28387, 3 CFR, 2014
Comp., p. 243.
Subpart G--Penalties and Findings of Violation
Sec. 553.701 [Amended]
0
31. In Sec. 553.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 560--IRANIAN TRANSACTIONS AND SANCTIONS REGULATIONS
0
32. The authority citation for part 560 continues to read as follows:
Authority: 3 U.S.C. 301; 18 U.S.C. 2339B, 2332d; 22 U.S.C.
2349aa-9, 7201-7211, 8501-8551, 8701-8795; 31 U.S.C. 321(b); 50
U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 12613, 52 FR 41940, 3 CFR, 1987
Comp., p. 256; E.O. 12957, 60 FR 14615, 3 CFR, 1995 Comp., p. 332;
E.O. 12959, 60 FR 24757, 3 CFR, 1995 Comp., p. 356; E.O. 13059, 62
FR 44531, 3 CFR, 1997 Comp., p. 217; E.O. 13599, 77 FR 6659, 3 CFR,
2012 Comp., p. 215; E.O. 13846, 83 FR 38939, 3 CFR, 2018 Comp., p.
854.
Subpart G--Penalties
Sec. 560.701 [Amended]
0
33. In Sec. 560.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 561--IRANIAN FINANCIAL SANCTIONS REGULATIONS
0
34. The authority citation for part 561 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; 22 U.S.C. 8501-8551, 8701-8795; Pub. L. 101-410, 104
Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 12957, 60 FR
14615, 3 CFR, 1995 Comp., p. 332; E.O. 13553, 75 FR 60567, 3 CFR,
2010 Comp., p. 253; E.O. 13599, 77 FR 6659, 3 CFR, 2012 Comp., p.
215; E.O. 13846, 83 FR 38939, 3 CFR, 2018 Comp., p. 854; E.O. 13871,
84 FR 20761, 3 CFR, 2019 Comp., p. 309.
Subpart G--Penalties
Sec. 561.701 [Amended]
0
35. In Sec. 561.701, in paragraph (a)(4), remove ``$330,947'' and add
in its place ``$356,579''.
PART 566--HIZBALLAH FINANCIAL SANCTIONS REGULATIONS
0
36. The authority citation for part 566 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); Pub. L. 114-102, 129 Stat. 2205 (50 U.S.C. 1701 note);
Pub. L. 115-272, 132 Stat. 4144 (50 U.S.C. 1701 note).
Subpart G--Penalties and Finding of Violation
Sec. 566.701 [Amended]
0
37. In Sec. 566.701, in paragraph (b), remove ``$330,947'' and add in
its place ``$356,579''.
PART 570--LIBYAN SANCTIONS REGULATIONS
0
38. The authority citation for part 570 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 13566, 76 FR 11315, 3 CFR, 2011
Comp., p. 222; E.O. 13726, 81 FR 23559, 3 CFR, 2016 Comp., p. 454.
Subpart G--Penalties and Findings of Violation
Sec. 570.701 [Amended]
0
39. In Sec. 570.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 576--IRAQ STABILIZATION AND INSURGENCY SANCTIONS REGULATIONS
0
40. The authority citation for part 576 continues to read as follows:
Authority: 3 U.S.C. 301; 22 U.S.C. 287c; 31 U.S.C. 321(b); 50
U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 13303, 68 FR 31931, 3 CFR, 2003
Comp., p. 227; E.O. 13315, 68 FR 52315, 3 CFR, 2003 Comp., p. 252;
E.O. 13350, 69 FR 46055, 3 CFR, 2004 Comp., p. 196; E.O. 13364, 69
FR 70177, 3 CFR, 2004 Comp., p. 236; E.O. 13438, 72 FR 39719, 3 CFR,
2007 Comp., p. 224; E.O. 13668, 79 FR 31019, 3 CFR, 2014 Comp., p.
248.
Subpart G--Penalties
Sec. 576.701 [Amended]
0
41. In Sec. 576.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 578--CYBER-RELATED SANCTIONS REGULATIONS
0
42. The authority citation for part 587 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); Pub. L. 115-44, 131 Stat. 886 (codified in scattered
sections of 22 U.S.C.); E.O. 13694, 80 FR 18077, 3 CFR 2015 Comp.,
p. 297; E.O. 13757, 82 FR 1, 3 CFR 2016 Comp., p. 659.
Subpart G--Penalties and Findings of Violation
Sec. 578.701 [Amended]
0
43. In Sec. 578.701, in paragraph (a)(2), remove ``$311,562'' and add
in its place ``$356,579''.
PART 583--GLOBAL MAGNITSKY SANCTIONS REGULATIONS
0
44. The authority citation for part 583 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); Pub. L. 114-328, Div. A, Title XII, Subt. F, 130 Stat.
2533 (22 U.S.C.
[[Page 2234]]
2656 note); E.O. 13818, 82 FR 60839, 3 CFR, 2017 Comp., p. 399.
Subpart G--Penalties and Findings of Violation
Sec. 583.701 [Amended]
0
45. In Sec. 583.701, in paragraph (c), remove ``$330,947'' and add in
its place ``$356,579''.
PART 584--MAGNITSKY ACT SANCTIONS REGULATIONS
0
46. The authority citation for part 584 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); Pub. L. 112-208, Title IV, 126 Stat. 1502 (22 U.S.C.
5811 note).
Subpart G--Penalties and Finding of Violation
Sec. 584.701 [Amended]
0
47. In Sec. 584.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 588--WESTERN BALKANS STABILIZATION REGULATIONS
0
48. The authority citation for part 588 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 13219, 66 FR 34777, 3 CFR, 2001
Comp., p. 778; E.O. 13304, 68 FR 32315, 3 CFR, 2004 Comp. p. 229;
E.O. 14033, 86 FR 43905.
Subpart G--Penalties and Findings of Violation
Sec. 588.701 [Amended]
0
49. In Sec. 588.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 589--UKRAINE-/RUSSIA--RELATED SANCTIONS REGULATIONS
0
50. The authority citation for part 589 continues to read as follows:
Authority: 3 U.S.C. 301; 22 U.S.C. 8901-8910, 8921-8930; 31
U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104
Stat. 890, as amended (28 U.S.C. 2461 note); Pub. L. 115-44, 131
Stat. 886 (codified in scattered sections of 22 U.S.C.); E.O. 13660,
79 FR 13493, 3 CFR, 2014 Comp., p. 226; E.O. 13661, 79 FR 15535, 3
CFR, 2014 Comp., p. 229; E.O. 13662, 79 FR 16169, 3 CFR, 2014 Comp.,
p. 233; E.O. 13685, 79 FR 77357, 3 CFR, 2014 Comp., p. 313.
Subpart G--Penalties and Findings of Violation
Sec. 589.701 [Amended]
0
51. In Sec. 589.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 590--TRANSNATIONAL CRIMINAL ORGANIZATIONS SANCTIONS
REGULATIONS
0
52. The authority citation for part 590 continues to read as follows:
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,
1701-1706; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C.
2461 note); E.O. 13581, 76 FR 44757, 3 CFR, 2011 Comp., p. 260; E.O.
13863, 84 FR 10255, 3 CFR, 2019 Comp., p. 267.
Subpart G--Penalties and Findings of Violation
Sec. 590.701 [Amended]
0
53. In Sec. 590.701, in paragraph (a)(2), remove ``$330,947'' and add
in its place ``$356,579''.
PART 592--ROUGH DIAMONDS CONTROL REGULATIONS
0
54. The authority citation for part 592 continues to read as follows:
Authority: 3 U.S.C. 301; 19 U.S.C. 3901-3913; 31 U.S.C. 321(b);
Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note);
E.O. 13312, 68 FR 45151, 3 CFR, 2003 Comp., p. 246.
Subpart F--Penalties
Sec. 592.601 [Amended]
0
55. In Sec. 592.601, in paragraph (a)(2), remove ``$14,950'' and add
in its place ``$16,108''.
PART 594--GLOBAL TERRORISM SANCTIONS REGULATIONS
0
56. The authority citation for part 594 continues to read as follows:
Authority: 3 U.S.C. 301; 22 U.S.C. 287c; 31 U.S.C. 321(b); 50
U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); Pub. L. 115-44, 131 Stat. 886
(codified in scattered sections of 22 U.S.C.); Pub. L. 115-348, 132
Stat. 5055 (50 U.S.C. 1701 note); Pub. L. 115-272, 132 Stat. 4144
(50 U.S.C. 1701 note); E.O. 13224, 66 FR 49079, 3 CFR, 2001 Comp.,
p. 786; E.O. 13268, 67 FR 44751, 3 CFR 2002 Comp., p. 240; E.O.
13284, 68 FR 4075, 3 CFR, 2003 Comp., p. 161; E.O. 13372, 70 FR
8499, 3 CFR, 2006 Comp., p. 159; E.O. 13886, 84 FR 48041, 3 CFR,
2019 Comp., p. 356.
Subpart G--Penalties
Sec. 594.701 [Amended]
0
57. In Sec. 594.701, in paragraph (a)(2), remove ``$330,947''and add
in its place ``$356,579''.
PART 597--FOREIGN TERRORIST ORGANIZATIONS SANCTIONS REGULATIONS
0
58. The authority citation for part 597 continues to read as follows:
Authority: 8 U.S.C. 1189; 18 U.S.C. 2339B; 31 U.S.C. 321(b);
Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note).
Subpart G--Penalties
Sec. 597.701 [Amended]
0
59. In Sec. 597.701, in paragraph (b)(3), remove ``$87,361'' and add
in its place ``$94,127''.
PART 598--FOREIGN NARCOTICS KINGPIN SANCTIONS REGULATIONS
0
60. The authority citation for part 598 continues to read as follows:
Authority: 3 U.S.C. 301; 21 U.S.C. 1901-1908; 31 U.S.C. 321(b);
Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note).
Subpart G--Penalties
Sec. 598.701 [Amended]
0
61. In Sec. 598.701, in paragraph (a)(4), remove ``$1,644,396'' and
add in its place ``$1,771,754''.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2023-00593 Filed 1-12-23; 8:45 am]
BILLING CODE 4810-AL-P
</pre></body>
</html>Indexed from Federal Register on January 13, 2023.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.