U.S. Department of the Treasury

OFAC is issuing an amendment to the Rough Diamonds Control Regulations, 31 C.F.R. part 592, to: clarify several reporting requirements and remove another; clarify which entity may issue Kimberley Process Certificates for the export of rough diamonds from the United States; clarify the steps necessary to validate a Kimberley Process Certificate; add two definitions that define rough diamond packaging requirements and Kimberley Process voided certificates; and make certain technical and conforming changes to the penalties section of the regulations. This amendment will take effect upon publication in the Federal Register on Tuesday, June 19, 2018.