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Published Document: 2026-15112 (91 FR 46836)
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AGENCY:
Office of Foreign Assets Control, Treasury.
ACTION:
Final rule.
SUMMARY:
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is adopting a final rule to update website and contact information in certain parts of the Code of Federal Regulations (CFR). Additionally, OFAC is amending one CFR Part to update general licenses authorizing payments for legal services from funds originating outside the United States to replace the reporting requirement in the general license with a recordkeeping requirement and correcting typographical errors in two CFR Parts. OFAC is also updating its
( printed page 46837)
regulations to correct an erroneous cross-reference.
This document and additional information concerning OFAC are available on OFAC's website:
https://ofac.treasury.gov.
Background
In this rule, OFAC is updating contact information by removing a phone number or office name or replacing a website address in the following places in 31 CFR chapter V: parts 501, 510, 525, 526, 536, 544, 546, 547, 548, 549, 550, 551, 552, 553, 555, 558, 560, 561, 562, 566, 569, 570, 576, 578, 579, 582, 583, 584, 585, 586, 587, 588, 589, 590, 591, 594, 596, 598, and 599 and appendix A to chapter V. Additionally, OFAC is updating general licenses authorizing payments for legal services from funds originating outside the United States to replace the reporting requirement in the general license with a recordkeeping requirement in part 546. In the Hostages and Wrongful Detention Sanctions Regulations, 31 CFR part 526, OFAC is correcting an erroneous cross-reference in note 1 to § 526.201 to remove the words “part 501 of” from “appendix A to part 501 of this chapter.” Lastly, OFAC is amending parts 553 and 598 to correct typographical errors.
Public Participation
Because the Regulations involve a foreign affairs function, the provisions of E.O. 12866 of September 30, 1993, “Regulatory Planning and Review” (58 FR 51735, October 4, 1993), as amended, and the Administrative Procedure Act (5 U.S.C. 553) requiring notice of proposed rulemaking, opportunity for public participation, and delay in effective date, as well as the provisions of E.O. 14192 of January 31, 2025, “Unleashing Prosperity Through Deregulation” (90 FR 6065, February 6, 2025) and E.O. 14219 of February 19, 2025, “Ensuring Lawful Governance and Implementing the President's “Department of Government Efficiency” Deregulatory Initiative” (90 FR 10583, February 25, 2025) are inapplicable. Because no notice of proposed rulemaking is required for this rule, the Regulatory Flexibility Act (5 U.S.C. 601-612) does not apply.
Paperwork Reduction Act
The collections of information related to the Regulations are contained in 31 CFR part 501 (the “Reporting, Procedures and Penalties Regulations”). Pursuant to the Paperwork Reduction Act of 1995 (44 U.S.C. 3507), those collections of information have been approved by the Office of Management and Budget under control number 1505-0164. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid control number.
Reports of blocked, unblocked, or transferred blocked property.
* * * * *
(d) * * *
(2) * * * If a submitter can provide evidence of unique and extraordinary circumstances that would not allow the submitter to report electronically, such as lack of access to the internet, the submitter may request to submit reports in an alternative manner by contacting OFAC at
OFACReport@treasury.gov.
* * *
* * * * *
4. In § 501.604, in paragraph (d), revise and republish the second sentence to read as follows:
(d) * * * If a submitter can provide evidence of unique and extraordinary circumstances that would not allow the submitter to use ORS, such as lack of access to the internet, the submitter may request to submit reports in an alternative manner by contacting OFAC at
OFACReport@treasury.gov.
* * *
* * * * *
PART 510—NORTH KOREA SANCTIONS REGULATIONS
5. The authority citation for part 510 continues to read as follows:
Payments for legal services from funds originating outside the United States.
* * * * *
(b)
Records.
Consistent with §§ 501.601 and 501.602 of this chapter, U.S. persons who receive payments pursuant to paragraph (a) of this section must retain for ten years from the date of the relevant payment, and furnish to OFAC on demand, a record that specifies the following for each payment:
(1) The individual or entity from whom the funds originated and the amount of funds received; and
(2) If applicable:
(i) The names of any individuals or entities providing related services to the U.S. person receiving payment in connection with authorized legal services, such as private investigators or expert witnesses;
(ii) A general description of the services provided; and
(iii) The amount of funds paid in connection with such services.
PART 547—DEMOCRATIC REPUBLIC OF THE CONGO SANCTIONS REGULATIONS
21. The authority citation for part 547 continues to read as follows:
112. Amend appendix A to chapter V by revising the heading to read as set for the above.
113. Further amend appendix A to chapter V by revising and republishing the second paragraph and notes 5 and 7 to read as follows:
Appendix A to Chapter V—Information Pertaining to the Specially Designated Nationals and Blocked Persons List as Well as Other Sanctions Lists
* * * * *
In addition to accessing information through OFAC's website, the public may contact OFAC at
https://ofac.treasury.gov/contact-ofac.
The public also may contact OFAC in writing at the following address: Office of Foreign Assets Control, U.S. Department of the Treasury, 1500 Pennsylvania Avenue NW, Washington, DC 20220.
Notes: * * *
5. Notices of blocking, designation, identification, and delisting actions are published in the
Federal Register
frequently and at irregular intervals. Updated information on OFAC blocking, designation, identification, and delisting actions is provided on OFAC's website (
https://ofac.treasury.gov). In addition, such information is incorporated on an ongoing basis into OFAC's SDN List, or Consolidated non-SDN list, which are available for review on, or download from, the following locations on OFAC's website:
https://sanctionslist.ofac.treas.gov/Home/SdnList
and
https://sanctionslist.ofac.treas.gov/Home/ConsolidatedList
respectively. Please contact OFAC with questions about OFAC-administered sanctions programs, including current electronic sources of OFAC information, at
https://ofac.treasury.gov/contact-ofac.
Updated information on OFAC designations and other OFAC actions should be consulted before engaging in transactions that may be prohibited by the economic sanctions programs in this chapter.
* * * * *
7. The SDN List incorporates the names of vessels owned by blocked persons, which are themselves blocked. SDN List entries for blocked vessels, which include the notation “(vessel),” are incorporated into the SDN List. Except in limited circumstances, financial institutions are instructed to reject any funds transfer referencing a blocked vessel and must notify OFAC through the OFAC Reporting System, available on OFAC's website,
https://ofac.treasury.gov/ofac-reporting-system,
with a copy of the payment instructions, that funds have been returned to remitter due to the possible involvement of a blocked vessel in the underlying transaction.
See
§ 501.604(b)(1) of this chapter. Financial institutions should contact OFAC at
https://ofac.treasury.gov/contact-ofac
for further instructions should the name of a blocked vessel appear in shipping documents presented under a letter of credit or if noticed in a documentary collection. Blocked vessels must themselves be physically blocked should they enter U.S. jurisdiction. Freight forwarders and shippers may not charter, book cargo on, or otherwise deal with blocked vessels.