OFAC Removes Duplicate Penalty Text and Reorganizes Sanctions Parts
All sanctions regulations in 31 CFR parts 510, 525, 526, 528, 535, 536, 539, 544, 546, 547, 548, 549, 551, 552, 553, 555, 558, 560, 561, 562, 566, 569, 570, 576, 578, 579, 582, 583, 584, 586, 587, 588, 589, 590, 591, and 594 are subject to the revisions effective September 30 2026.
Effective September 30, 2026, the Office of Foreign Assets Control finalizes a rule that removes duplicative penalty provisions from thirty-six parts of 31 CFR and directs readers to the consolidated Sanctions Penalties Regulations, 31 CFR part 505.
The rule deletes subpart G from each of the affected parts and adds a new Section 105 that refers users to part 505 for penalties and findings of violation. The "Relation of this part to other laws and regulations" section, Section 101, is revised to note that part 505 applies.
OFAC also renames subpart A in the listed parts as "General Provisions" and moves record-keeping, reporting, Paperwork Reduction Act, and delegation-of-authority provisions into that subpart. Subparts F, H, and I are removed, and cross-references in parts 510, 560, and 561 are updated.
Authority citations are revised throughout the affected parts, and penalty amounts are updated where the previous text omitted UNPA penalties mandated by the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010. Part 576, which previously lacked UNPA penalty language, now points to the updated penalties in part 505.
The rule is issued as a final rule without a notice of proposed rulemaking and is exempt from the Regulatory Flexibility Act. Willful violations may be subject to criminal penalties under 50 U.S.C. 1705, with a mens rea of willfulness as required by that statute. Collections of information are approved under OMB control number 1505-0164.
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