Finanse publiczne · 21/06/2019

OFAC Issues Interim Final Rule to Update Reporting, Procedures and Penalties Regulations

The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has released an interim final rule to update the Reporting, Procedures and Penalties Regulations, which will provide updated instructions and incorporate new requirements for parties filing reports on blocked and unblocked property, as well as rejected transactions.