Annual Blocked Property Reports Due to OFAC by September 30

All U.S. persons and persons otherwise subject to U.S. jurisdiction, not only U.S. financial institutions, holding property blocked pursuant to various OFAC sanctions programs must file their annual reports on such blocked property by September 30, 2024. This report is pursuant to 31 C.F.R. §§ 501.603 of the Reporting, Procedures and Penalties Regulations (RPPR). This report... Continue Reading