sanctions 30 July 2012

U.S. implements Libyan Sanctions Regulations and recognizes the Transitional National Council

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On 1 July 2011, the U.S. Treasury Department’s Office of Foreign Assets Control (‘OFAC’) published a final rule in the Federal Register (76 Fed. Reg. 38562 (July 1, 2011)) establishing the Libyan Sanctions Regulations, 31 C.F.R. Part 570 (‘LSR’), which…

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