# Foreign Assets Control Regulations; Transaction Control Regulations (Regulations Prohibiting Transactions Involving the Shipment of Certain Merchandise Between Foreign Countries)
> **OFAC** · Final rule. · Published 2011-06-20 · Effective 2011-06-20 · 76 FR 35739
## Document
- **Document number:** 2011-15168
- **Category:** sanctions-ofac
- **Sub-agency:** OFAC
- **Federal Register citation:** 76 FR 35739
- **CFR reference:** 31 CFR 500
- **Publication date:** 2011-06-20
- **Effective date:** 2011-06-20
## Abstract

The Department of the Treasury's Office of Foreign Assets Control ("OFAC") is removing parts 500 and 505 from 31 CFR chapter V pursuant to Proclamation 8271 of June 26, 2008, which terminated the exercise of the President's authorities under the Trading With the Enemy Act with respect to North Korea. Those authorities were implemented by 31 CFR parts 500 and 505.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2011/06/20/2011-15168/foreign-assets-control-regulations-transaction-control-regulations-regulations-prohibiting)
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