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Updating Authorizations for Payments for Legal Services

sanctions-ofac · OFAC · Rule · Published 2024-12-19 · Effective 2024-12-19 · 89 FR 103641

Document

Document number
2024-30344
Federal Register citation
89 FR 103641
CFR reference
31 CFR 510
Type
Rule
Action
Final rule.
Category
sanctions-ofac
Sub-agency
OFAC
Publication date
2024-12-19
Effective date
2024-12-19

Abstract

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is adopting a final rule amending multiple CFR parts to update general licenses authorizing payments for legal services from funds originating outside the United States. Specifically, OFAC is replacing the reporting requirement in the general license with a recordkeeping requirement in applicable parts of 31 CFR chapter V. Additionally, in two CFR parts, OFAC is updating the general licenses authorizing the provision of certain legal services and adding a general license authorizing payment for legal services from funds originating outside the United States.

Source

Authoritative
Federal Register document
Machine
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