{"abstract":"The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing this interim final rule to amend the Reporting, Procedures and Penalties Regulations (the \"Regulations\"), extending recordkeeping requirements for certain transactions from five to 10 years, consistent with the statute of limitations for violations of certain sanctions administered by the Office of Foreign Assets Control (OFAC).","action":"Interim final rule; request for comments.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of Foreign Assets Control","name":"Foreign Assets Control Office","id":203,"url":"https://www.federalregister.gov/agencies/foreign-assets-control-office","json_url":"https://www.federalregister.gov/api/v1/agencies/203","parent_id":497,"slug":"foreign-assets-control-office"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2024/09/13/2024-20674.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"501","title":31}],"citation":"89 FR 74832","comment_url":null,"comments_close_on":"2024-10-15","correction_of":null,"corrections":[],"dates":"Effective date: This interim final rule is effective March 12, 2025.","disposition_notes":null,"docket_ids":[],"dockets":[{"supporting_documents":[],"agency_name":"OFAC","documents":[{"comment_count":4,"comment_start_date":"2024-09-13","updated_at":"2024-10-16T00:01:38.657-04:00","comment_url":"https://www.regulations.gov/commenton/OFAC-2024-0004-0001","allow_late_comments":false,"id":"OFAC-2024-0004-0001","comment_end_date":"2024-10-16","regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"OFAC-2024-0004","title":"Interim Final Rule Extending OFAC's Recordkeeping Retention Period"}],"document_number":"2024-20674","effective_on":"2025-03-12","end_page":74834,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2024/09/13/2024-20674.xml","html_url":"https://www.federalregister.gov/documents/2024/09/13/2024-20674/reporting-procedures-and-penalties","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2024-20674?publication_date=2024-09-13","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2024-09-13/2024-20674/mods.xml","not_received_for_publication":null,"page_length":3,"page_views":{"count":8486,"last_updated":"2026-10-30 02:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2024-09-13/pdf/2024-20674.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2024-20674.pdf?1726058737","publication_date":"2024-09-13","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2024/09/13/2024-20674.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"supporting_documents":[],"comments_count":4,"agency_id":"OFAC","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=OFAC-2024-0004","supporting_documents_count":0,"docket_id":"OFAC-2024-0004","document_id":"OFAC-2024-0004-0001","regulation_id_number":null,"title":"Interim Final Rule Extending OFAC's Recordkeeping Retention Period","checked_regulationsdotgov_at":"2024-10-16T04:01:38Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":74832,"subtype":null,"title":"Reporting, Procedures and Penalties","toc_doc":"Reporting, Procedures and Penalties Regulations","toc_subject":null,"topics":["Administrative practice and procedure","Banks, banking","Exports","Foreign trade","Licensing and registration","Penalties","Reporting and recordkeeping requirements"],"type":"Rule","volume":89}