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Reporting, Procedures and Penalties Regulations

sanctions-ofac · OFAC · Rule · Published 2024-10-08 · Effective 2024-11-07 · 89 FR 81358

Document

Document number
2024-23217
Federal Register citation
89 FR 81358
CFR reference
31 CFR 501
Type
Rule
Action
Final rule.
Category
sanctions-ofac
Sub-agency
OFAC
Publication date
2024-10-08
Effective date
2024-11-07

Abstract

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing this final rule to amend the Reporting, Procedures and Penalties Regulations (the "Regulations"). OFAC published an interim final rule with a request for comments on May 10, 2024 ("May 2024 Interim Final Rule"). In this final rule, OFAC responds to public comments submitted in response to the May 2024 Interim Final Rule and amends the Regulations to add three exceptions to the reporting requirement for any blocked property that is unblocked or transferred.

Source

Authoritative
Federal Register document
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