OFAC Reissues Western Balkans, CAR Sanctions Regulations

The Office of Foreign Assets Control amended and reissued the Western Balkans Stabilization Regulations and Central African Republic Sanctions Regulations to include more guidance, definitions, general licenses and “other regulatory provisions that will provide further guidance to the public,” OFAC said in a pair of notices this week. Effective Sept. 29, the new regulations replace the previous Western Balkans regulations published in 2011 and the CAR regulations published in “abbreviated form” in 2014.