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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 11 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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<p>Effective February 11, 2022, the Department of the Treasury&rsquo;s Office of Foreign Assets Control (OFAC) will remove the from the Code of Federal Regulations (C.F.R.) the <a href="https://home.treasury.gov/system/files/126/20220210_burundi_regulations.pdf">Burundi Sanctions Regulations</a> at 31 C.F.R. Chapter 31, Part 554.&nbsp; This removal results from an earlier action by President Joseph Biden in issuing <a href="https://www.govinfo.gov/content/pkg/FR-2021-11-19/pdf/2021-25548.pdf">Executive Order 14054</a> which terminated the national emergency on which the regulations were based.&nbsp; In that Executive Order, President Biden stated that &ldquo;the situation in Burundi had been significantly altered by events of the past year, including the transfer of power following elections in 2020, significantly decreased violence, and President Ndayishimiye&rsquo;s pursuit of reforms across multiple sectors.&rdquo;</p>

OFAC Removes Burundi Sanctions Regulations

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