Deadline Approaching for OFAC Blocked Property Reports
Companies should prepare for the annual Sept. 30 deadline for filing reports on blocked property to the Office of Foreign Assets Control, Davis Wright said in a client alert last week. The law firm also noted that an interim final…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
rule issued by OFAC in May requires filers of blocked property to now only submit those documents electronically instead of through mail, along with other "new requirements" for reports of blocked property and rejected transactions (see 2405080023).