US Treasury Department starts writing rules for sanctions related to the International Criminal Court
What happened
The US Treasury Department is beginning to write new rules for sanctions related to the International Criminal Court. These rules will implement a presidential order from February 2025.
Why it matters
This document is a placeholder. It signals that the US government intends to create a formal legal basis for sanctions against individuals or entities involved with the International Criminal Court. While the specific details are missing, the act of publishing this initial rule means the process has officially begun. This will likely lead to a more comprehensive set of regulations that define who can be sanctioned and for what reasons.
The signal
Watch for the Treasury Department to publish the more detailed, comprehensive regulations, which will include specific definitions, licenses, and enforcement provisions.