Libyan Sanctions Regulations; Blocking of Offshore Foreign Currency Deposits.

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Consistent with action by the United Nations Security Council calling upon member states to block certain financial assets of the Government of Libya, and in order further to tighten the U.S. blocking of Libyan governmental assets, the Office Foreign Assets Control is amending the Libyan Sanctions Regulations to revoke a general license that unblocked Libyan government deposits in currencies other than U.S. dollars held abroad by U.S. persons.