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Rule

Inflation Adjustment of Civil Monetary Penalties

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Start Preamble

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 March 17, 2021.

Start Further Info

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.

End Further Info End Preamble Start Supplemental Information

SUPPLEMENTARY INFORMATION:

Electronic Availability

This document and additional information concerning OFAC are available from OFAC's website (www.treasury.gov/​ofac).

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 six 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); and April 9, 2020 (85 FR 19884, April 9, 2020).

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-21-10 of December 23, 2020, the adjustment multiplier for 2021 is 1.01182. In order to complete the 2021 annual adjustment, each current CMP is Start Printed Page 14535multiplied by the 2021 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

StatuteExisting maximum CMP amountMaximum CMP amount effective March 17, 2021
TWEA$90,743$91,816
IEEPA307,922311,562
AEDPA81,28382,244
FNKDA1,529,9911,548,075
CDTA13,91014,074

In addition to updating these maximum CMP amounts, OFAC is also updating two references to one-half the IEEPA maximum CMP from $153,961 to $155,781, 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

ViolationExisting maximum CMP amountMaximum CMP amount effective March 17, 2021
Failure to furnish information pursuant to 31 CFR 501.602 irrespective of whether any other violation is alleged.$23,765$24,046
Failure to furnish information 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.59,41360,115
Late filing of a required report, whether set forth in regulations or in a specific license, if filed within the first 30 days after the report is due.2,9703,005
Late filing of a required report, whether set forth in regulations or in a specific license, if filed more than 30 days after the report is due.5,9426,012
Late filing of a required report, 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.1,1891,203
Failure to maintain records in conformance with the requirements of OFAC's regulations or of a specific license.59,52260,226

Finally, OFAC is making technical changes in the authorities citations of 31 CFR parts 501, 510, 535, 536, 539, 541, 542, 544, 546, 547, 548, 549, 552, 560, 561, 566, 576, 583, 584, 588, 592, 594, 597 and 598 to consolidate or shorten citations to conform to Federal Register guidance and to more specifically reference one of the relevant statutory authorities.

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 March 17, 2021.

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.

Start List of Subjects

List of Subjects in 31 CFR Parts 501, 510, 535, 536, 539, 541, 542, 544, 546, 547, 548, 549, 552, 560, 561, 566, 576, 583, 584, 588, 592, 594, 597, and 598

  • Administrative practice and procedure
  • Banks, banking
  • Blocking of assets
  • Exports
  • Foreign trade
  • Licensing
  • Penalties
  • Sanctions
End List of Subjects

For the reasons set forth in the preamble, the Department of the Treasury's Office of Foreign Assets Control amends 31 CFR chapter V as follows:

Start Part

PART 501—REPORTING, PROCEDURES AND PENALTIES REGULATIONS

End Part Start Amendment Part

1. The authority citation for part 501 is revised to read as follows:

End Amendment Part Start Authority

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; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); 31 U.S.C. 321(b); 50 U.S.C. 1701-1706, 4301-4341.

End Authority Start Printed Page 14536

Subpart D—Trading With the Enemy Act (TWEA) Penalties

[Amended]
Start Amendment Part

2. In § 501.701, in paragraph (a)(3) introductory text, remove “$90,743” and add in its place “$91,816”.

End Amendment Part Start Amendment Part

3. Amend appendix A to part 501 as follows:

End Amendment Part Start Amendment Part

a. In paragraph IV.A., remove “$23,765” and add in its place “$24,046” and remove “$59,413” and add in in its place “$60,115”.

End Amendment Part Start Amendment Part

b. In paragraph IV.B., remove “$2,970” and add in its place “$3,005”, remove “$5,942” and add in its place “$6,012”, and remove “$1,189” and add in its place “$1,203”.

End Amendment Part Start Amendment Part

c. In paragraph IV.C., remove “$59,522” and add in its place “$60,226”.

End Amendment Part Start Amendment Part

d. In paragraph V.B.2.a.i., remove “$153,961” and add in its place “$155,781” and remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Amendment Part

e. In paragraph V.B.2.a.ii., remove “$307,922” in all three locations where it appears and add in its place in all three locations “$311,562”.

End Amendment Part Start Amendment Part

f. In paragraph V.B.2.a.v., remove “$307,922” and add in its place “$311,562”, remove “$90,743” and add in its place “$91,816”, remove “$1,529,991” and add in its place “$1,548,075”, remove “$81,283” and add in its place “$82,244”, and remove “$13,910” and add in its place “$14,074”.

End Amendment Part Start Amendment Part

g. Revise paragraph V.B.2.a.vi.

End Amendment Part

The revision reads as follows:

Appendix A to Part 501—Economic Sanctions Enforcement Guidelines

* * * * *

V. * * *

B. * * *

2. * * *

a. * * *

vi. The following matrix represents the base amount of the proposed civil penalty for each category of violation:

* * * * *
Start Part

PART 510—NORTH KOREA SANCTIONS REGULATIONS

End Part Start Amendment Part

4. The authority citation for part 510 is revised to read as follows:

End Amendment Part Start Authority

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.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

5. In § 510.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 535—IRANIAN ASSETS CONTROL REGULATIONS

End Part Start Amendment Part

6. The authority citation for part 535 is revised to read as follows:

End Amendment Part Start Authority

Start Printed Page 14537 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.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

7. In § 535.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 536—NARCOTICS TRAFFICKING SANCTIONS REGULATIONS

End Part Start Amendment Part

8. The authority citation for part 536 is revised to read as follows:

End Amendment Part Start Authority

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.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

9. In § 536.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 539—WEAPONS OF MASS DESTRUCTION TRADE CONTROL REGULATIONS

End Part Start Amendment Part

10. The authority citation for part 539 is revised to read as follows:

End Amendment Part Start Authority

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.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

11. In § 539.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 541—ZIMBABWE SANCTIONS REGULATIONS

End Part Start Amendment Part

12. The authority citation for part 541 is revised to read as follows:

End Amendment Part Start Authority

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.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

13. In § 541.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 542—SYRIAN SANCTIONS REGULATIONS

End Part Start Amendment Part

14. The authority citation for part 542 is revised to read as follows:

End Amendment Part Start Authority

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); 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.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

15. In § 542.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 544—WEAPONS OF MASS DESTRUCTION PROLIFERATORS SANCTIONS REGULATIONS

End Part Start Amendment Part

16. The authority citation for part 544 is revised to read as follows:

End Amendment Part Start Authority

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.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

17. In § 544.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 546—DARFUR SANCTIONS REGULATIONS

End Part Start Amendment Part

18. The authority citation for part 546 is revised to read as follows:

End Amendment Part Start Authority

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.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

19. In § 546.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 547—DEMOCRATIC REPUBLIC OF THE CONGO SANCTIONS REGULATIONS

End Part Start Amendment Part

20. The authority citation for part 547 is revised to read as follows:

End Amendment Part Start Authority

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.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

21. In § 547.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 548—BELARUS SANCTIONS REGULATIONS

End Part Start Amendment Part

22. The authority citation for part 548 is revised to read as follows:

End Amendment Part Start Authority

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, 2007 Comp., p. 231.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

23. In § 548.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 549—LEBANON SANCTIONS REGULATIONS

End Part Start Amendment Part

24. The authority citation for part 549 is revised to read as follows:

End Amendment Part Start Authority

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.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

25. In § 549.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 552—YEMEN SANCTIONS REGULATIONS

End Part Start Amendment Part

26. The authority citation for part 552 is revised to read as follows:

End Amendment Part Start Authority

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L. Start Printed Page 14538101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13611, 77 FR 29533, 3 CFR, 2012 Comp., p. 260.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

27. In § 552.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 560—IRANIAN TRANSACTIONS AND SANCTIONS REGULATIONS

End Part Start Amendment Part

28. The authority citation for part 560 is revised to read as follows:

End Amendment Part Start Authority

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.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

29. In § 560.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 561—IRANIAN FINANCIAL SANCTIONS REGULATIONS

End Part Start Amendment Part

30. The authority citation for part 561 is revised to read as follows:

End Amendment Part Start Authority

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.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

31. In § 561.701, in paragraph (a)(4), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 566—HIZBALLAH FINANCIAL SANCTIONS REGULATIONS

End Part Start Amendment Part

32. The authority citation for part 566 is revised to read as follows:

End Amendment Part Start Authority

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).

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

33. In § 566.701, in paragraph (b), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 576—IRAQ STABILIZATION AND INSURGENCY SANCTIONS REGULATIONS

End Part Start Amendment Part

34. The authority citation for part 576 is revised to read as follows:

End Amendment Part Start Authority

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.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

35. In § 576.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 583—GLOBAL MAGNITSKY SANCTIONS REGULATIONS

End Part Start Amendment Part

36. The authority citation for part 583 is revised to read as follows:

End Amendment Part Start Authority

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, Title XII, Subtitle F, 130 Stat. 2533 (22 U.S.C. 2656 note); E.O. 13818, 82 FR 60839, 3 CFR, 2017 Comp., p. 399.

End Authority
[Amended]
Start Amendment Part

37. In § 583.701, in paragraph (c), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 584—MAGNITSKY ACT SANCTIONS REGULATIONS

End Part Start Amendment Part

38. The authority citation for part 584 is revised to read as follows:

End Amendment Part Start Authority

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, 126 Stat. 1502 (22 U.S.C. 5811 note).

End Authority
[Amended]
Start Amendment Part

39. In § 584.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 588—WESTERN BALKANS STABILIZATION REGULATIONS

End Part Start Amendment Part

40. The authority citation for part 588 is revised to read as follows:

End Amendment Part Start Authority

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. 13219, 66 FR 34777, 3 CFR, 2001 Comp., p. 778; E.O. 13304, 68 FR 32315, 3 CFR, 2004 Comp. p. 229.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

41. In § 588.701, in paragraph (a)(2), remove “$307,922” and add in its place “$311,562”.

End Amendment Part Start Part

PART 592—ROUGH DIAMONDS CONTROL REGULATIONS

End Part Start Amendment Part

42. The authority citation for part 592 is revised to read as follows:

End Amendment Part Start Authority

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.

End Authority

Subpart F—Penalties

[Amended]
Start Amendment Part

43. In § 592.601, in paragraph (a)(2), remove “$13,910” and add in its place “$14,074”.

End Amendment Part Start Part

PART 594—GLOBAL TERRORISM SANCTIONS REGULATIONS

End Part Start Amendment Part

44. The authority citation for part 594 is revised to read as follows:

End Amendment Part Start Authority

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.

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

45. In § 594.701, in paragraph (a)(2), remove “$307,922”and add in its place “$311,562”.

End Amendment Part Start Part

PART 597—FOREIGN TERRORIST ORGANIZATIONS SANCTIONS REGULATIONS

End Part Start Amendment Part

46. The authority citation for part 597 is revised to read as follows:

End Amendment Part Start Authority

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).

End Authority Start Printed Page 14539

Subpart G—Penalties

[Amended]
Start Amendment Part

47. In § 597.701, in paragraph (b)(3), remove “$81,283” and add in its place “$82,244”.

End Amendment Part Start Part

PART 598—FOREIGN NARCOTICS KINGPIN SANCTIONS REGULATIONS

End Part Start Amendment Part

48. The authority citation for part 598 is revised to read as follows:

End Amendment Part Start Authority

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).

End Authority

Subpart G—Penalties

[Amended]
Start Amendment Part

49. In § 598.701, in paragraph (a)(4), remove “$1,529,991” and add in its place “$1,548,075”.

End Amendment Part Start Signature

Dated: March 12, 2021.

Bradley T. Smith,

Acting Director, Office of Foreign Assets Control.

End Signature End Supplemental Information

[FR Doc. 2021-05506 Filed 3-16-21; 8:45 am]

BILLING CODE 4810-AL-P