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On August 1, 2019, the President issued a new Executive Order (E.O.) “Administration of Proliferation Sanctions and Amendment of Executive Order 12851” , this E.O. is related to the Chemical and Biological Weapons Control and Warfare Elimination Act of 1991, as amended (“CBW Act”). Pursuant to the CBW Act, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing a Russia-related Directive (CBW Act Directive). The CBW Act Directive will have an effective date of August 26, 2019. OFAC is also publishing new FAQs relating to the CBW Act Directive.
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