In the wake of a sexual abuse scandal that has shaken the entire sports world, the U.S. Olympic Committee will terminate USA Gymnastics' status as the sport's national governing body unless the organization complies with a list of guidelines. 

The USOC sent a letter to USA Gymnastics requiring the resignation of the entire 21-member board by next Wednesday, in addition to five other conditions. An interim board also must be in place by Feb. 28 and there must be a new, non-interim board in place within 12 months. 

USOC CEO Scott Blackmun outlined the requirements in an email Thursday after he wrote an open letter to the Olympic community Wednesday promising an independent investigation into sexual abuse within the sport. The email outlined what the USOC expects from USA Gymnastics and was specific in repercussions if it doesn't follow the demands. 

USA Gymnastics responded with a statement on its website saying they appreciate the opportunity to work with the USOC and they "embrace the requirements" outlined in the letter. 

"We understand that the requirements imposed by the letter will help us enhance our ability to build a culture of empowerment throughout the organization, with an increased focus on athlete safety and well-being," the statement read. "Our commitment is uncompromising, and we hope everything we do makes this very clear."

The other guidelines outlined in the email to USA Gymnastics from the USOC are:

— Within three months, all USA Gymnastics staff and board members must complete SafeSport training offered by the U.S. Center for Safe Sport.

— A comprehensive ethics training unit must be completed by all staff and board members within the next six months.

— USA Gymnastics must cooperate with the independent investigation into whether anyone knew about athlete complaints of Nassar’s abuse and didn’t report them. 

— At each of its meetings, the board also must “substantively discuss” how the federation is progressing in implementing 70 recommendations made by former federal prosecutor Deborah Daniels. Her review of USA Gymnastics found a “complete cultural change” was needed, and then USA Gymnastics must report its progress to the USOC.

The email from the USOC comes just days after former USA Gymnastics and Michigan State athletic department physician Larry Nassar was sentenced to 40 to 175 years in prison on seven counts of first-degree criminal sexual conduct. 

More than 150 women have shared their accounts saying their were sexually abused by Nassar, including Olympic champions Aly Raisman, McKayla Maroney, Gabby Douglas, Jordyn Wieber and Simone Biles.