[Federal Register Volume 86, Number 50 (Wednesday, March 17, 2021)]
[Rules and Regulations]
[Pages 14534-14539]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-05506]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

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


Inflation Adjustment of Civil Monetary Penalties

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Final rule.

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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.

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 (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

[[Page 14535]]

multiplied 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
------------------------------------------------------------------------
                                                          Maximum CMP
              Statute                Existing maximum   amount effective
                                        CMP amount       March 17, 2021
------------------------------------------------------------------------
TWEA..............................            $90,743            $91,816
IEEPA.............................            307,922            311,562
AEDPA.............................             81,283             82,244
FNKDA.............................          1,529,991          1,548,075
CDTA..............................             13,910             14,074
------------------------------------------------------------------------

    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
------------------------------------------------------------------------
                                                          Maximum CMP
             Violation               Existing maximum   amount effective
                                        CMP amount       March 17, 2021
------------------------------------------------------------------------
Failure to furnish information                $23,765            $24,046
 pursuant to 31 CFR 501.602
 irrespective of whether any other
 violation is alleged.
Failure to furnish information                 59,413             60,115
 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,               2,970              3,005
 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,               5,942              6,012
 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,               1,189              1,203
 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                 59,522             60,226
 conformance with the requirements
 of OFAC's regulations or of a
 specific license.
------------------------------------------------------------------------

    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.

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.

    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:

PART 501--REPORTING, PROCEDURES AND PENALTIES REGULATIONS

0
1. The authority citation for part 501 is revised 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; 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.

[[Page 14536]]

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 
``$90,743'' and add in its place ``$91,816''.

0
3. Amend appendix A to part 501 as follows:
0
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''.
0
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''.
0
c. In paragraph IV.C., remove ``$59,522'' and add in its place 
``$60,226''.
0
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''.
0
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''.
0
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''.
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. * * *
    vi. The following matrix represents the base amount of the 
proposed civil penalty for each category of violation:
[GRAPHIC] [TIFF OMITTED] TR17MR21.012

* * * * *

PART 510--NORTH KOREA SANCTIONS REGULATIONS

0
4. The authority citation for part 510 is revised 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


Sec.  510.701   [Amended]

0
5. In Sec.  510.701, in paragraph (a)(2), remove ``$307,922'' and add 
in its place ``$311,562''.

PART 535--IRANIAN ASSETS CONTROL REGULATIONS

0
6. The authority citation for part 535 is revised to read as follows:


[[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.

Subpart G--Penalties


Sec.  535.701  [Amended]

0
7. In Sec.  535.701, in paragraph (a)(2), remove ``$307,922'' and add 
in its place ``$311,562''.

PART 536--NARCOTICS TRAFFICKING SANCTIONS REGULATIONS

0
8. The authority citation for part 536 is revised 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 ``$307,922'' and add 
in its place ``$311,562''.

PART 539--WEAPONS OF MASS DESTRUCTION TRADE CONTROL REGULATIONS

0
10. The authority citation for part 539 is revised 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.

Subpart G--Penalties


Sec.  539.701   [Amended]

0
11. In Sec.  539.701, in paragraph (a)(2), remove ``$307,922'' and add 
in its place ``$311,562''.

PART 541--ZIMBABWE SANCTIONS REGULATIONS

0
12. The authority citation for part 541 is revised 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 ``$307,922'' and add 
in its place ``$311,562''.

PART 542--SYRIAN SANCTIONS REGULATIONS

0
14. The authority citation for part 542 is revised 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); 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 ``$307,922'' and add 
in its place ``$311,562''.

PART 544--WEAPONS OF MASS DESTRUCTION PROLIFERATORS SANCTIONS 
REGULATIONS

0
16. The authority citation for part 544 is revised 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 ``$307,922'' and add 
in its place ``$311,562''.

PART 546--DARFUR SANCTIONS REGULATIONS

0
18. The authority citation for part 546 is revised 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 ``$307,922'' and add 
in its place ``$311,562''.

PART 547--DEMOCRATIC REPUBLIC OF THE CONGO SANCTIONS REGULATIONS

0
20. The authority citation for part 547 is revised 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


Sec.  547.701   [Amended]

0
21. In Sec.  547.701, in paragraph (a)(2), remove ``$307,922'' and add 
in its place ``$311,562''.

PART 548--BELARUS SANCTIONS REGULATIONS

0
22. The authority citation for part 548 is revised 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, 2007 Comp., p. 231.

Subpart G--Penalties


Sec.  548.701   [Amended]

0
23. In Sec.  548.701, in paragraph (a)(2), remove ``$307,922'' and add 
in its place ``$311,562''.

PART 549--LEBANON SANCTIONS REGULATIONS

0
24. The authority citation for part 549 is revised 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.

Subpart G--Penalties


Sec.  549.701   [Amended]

0
25. In Sec.  549.701, in paragraph (a)(2), remove ``$307,922'' and add 
in its place ``$311,562''.

PART 552--YEMEN SANCTIONS REGULATIONS

0
26. The authority citation for part 552 is revised 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.

[[Page 14538]]

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


Sec.  552.701   [Amended]

0
27. In Sec.  552.701, in paragraph (a)(2), remove ``$307,922'' and add 
in its place ``$311,562''.

PART 560--IRANIAN TRANSACTIONS AND SANCTIONS REGULATIONS

0
28. The authority citation for part 560 is revised 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
29. In Sec.  560.701, in paragraph (a)(2), remove ``$307,922'' and add 
in its place ``$311,562''.

PART 561--IRANIAN FINANCIAL SANCTIONS REGULATIONS

0
30. The authority citation for part 561 is revised 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
31. In Sec.  561.701, in paragraph (a)(4), remove ``$307,922'' and add 
in its place ``$311,562''.

PART 566--HIZBALLAH FINANCIAL SANCTIONS REGULATIONS

0
32. The authority citation for part 566 is revised 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


Sec.  566.701   [Amended]

0
33. In Sec.  566.701, in paragraph (b), remove ``$307,922'' and add in 
its place ``$311,562''.

PART 576--IRAQ STABILIZATION AND INSURGENCY SANCTIONS REGULATIONS

0
34. The authority citation for part 576 is revised 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
35. In Sec.  576.701, in paragraph (a)(2), remove ``$307,922'' and add 
in its place ``$311,562''.

PART 583--GLOBAL MAGNITSKY SANCTIONS REGULATIONS

0
36. The authority citation for part 583 is revised 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, 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.


Sec.  583.701   [Amended]

0
37. In Sec.  583.701, in paragraph (c), remove ``$307,922'' and add in 
its place ``$311,562''.

PART 584--MAGNITSKY ACT SANCTIONS REGULATIONS

0
38. The authority citation for part 584 is revised 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, 126 Stat. 1502 (22 U.S.C. 5811 note).


Sec.  584.701   [Amended]

0
39. In Sec.  584.701, in paragraph (a)(2), remove ``$307,922'' and add 
in its place ``$311,562''.

PART 588--WESTERN BALKANS STABILIZATION REGULATIONS

0
40. The authority citation for part 588 is revised 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. 13219, 66 FR 34777, 3 CFR, 2001 Comp., p. 778; E.O. 
13304, 68 FR 32315, 3 CFR, 2004 Comp. p. 229.

Subpart G--Penalties


Sec.  588.701   [Amended]

0
41. In Sec.  588.701, in paragraph (a)(2), remove ``$307,922'' and add 
in its place ``$311,562''.

PART 592--ROUGH DIAMONDS CONTROL REGULATIONS

0
42. The authority citation for part 592 is revised 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
43. In Sec.  592.601, in paragraph (a)(2), remove ``$13,910'' and add 
in its place ``$14,074''.

PART 594--GLOBAL TERRORISM SANCTIONS REGULATIONS

0
44. The authority citation for part 594 is revised 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.

Subpart G--Penalties


Sec.  594.701   [Amended]

0
45. In Sec.  594.701, in paragraph (a)(2), remove ``$307,922''and add 
in its place ``$311,562''.

PART 597--FOREIGN TERRORIST ORGANIZATIONS SANCTIONS REGULATIONS

0
46. The authority citation for part 597 is revised 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).

[[Page 14539]]

Subpart G--Penalties


Sec.  597.701   [Amended]

0
47. In Sec.  597.701, in paragraph (b)(3), remove ``$81,283'' and add 
in its place ``$82,244''.

PART 598--FOREIGN NARCOTICS KINGPIN SANCTIONS REGULATIONS

0
48. The authority citation for part 598 is revised 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
49. In Sec.  598.701, in paragraph (a)(4), remove ``$1,529,991'' and 
add in its place ``$1,548,075''.

    Dated: March 12, 2021.
Bradley T. Smith,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2021-05506 Filed 3-16-21; 8:45 am]
BILLING CODE 4810-AL-P