Source: https://www.srz.com/resources/ofac-expands-reporting-obligations-and-highlights-importance-of.html
Timestamp: 2020-02-21 03:15:32
Document Index: 736833968

Matched Legal Cases: ['§ 501', '§ 501', '§ 501', '§ 501', '§ 501', '§\u2009501', '§ 501']

Authored by Betty Santangelo, Gary Stein, Melissa G.R. Goldstein, Stephanie E. Kelly, Hannah M. Thibideau and Jennifer M. Opheim.
[1] 31 C.F.R.§ 501, “Reporting, Procedures and Penalties Regulations,” (June 21, 2019) available here.
[2] 31 C.F.R. § 501.604-4.
[3] 31 C.F.R. § 501.604-4.
[4] “Blocking and Rejecting Transactions,” OFAC Frequently Asked Questions (“FAQ”) no. 36, available here.
[5] Omnibus accounts are not defined in the regulation.
[6] 31 C.F.R. § 501.603.
[7] 31 C.F.R. § 501.801.
[8] 31 C.F.R. § 501.602.
[9] 31 C.F.R. § 501.701.
[10] U.S. Department of the Treasury, Press Release, “Enforcement Information for August 8, 2019,” (Southern Cross) available here.
[11] U.S. Department of the Treasury, Press Release, “Enforcement Information for August 8, 2019,” (DNI) available here.