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Proposed Rules Licensing Rules Office of Foreign Assets Control (OFAC)

Sheppard Mullin Richter & Hampton LLP

No More Postcards to OFAC in 2024: Unpacking OFAC’s New Reporting Procedures

On May 10, 2024, The Office of Foreign Assets Control (OFAC) has released a new proposed rule which would make significant changes to OFAC’s standard reporting, record-keeping, and license applications under U.S. sanction...more

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