OFAC FAQ 15

Can OFAC change its previously stated, non-published interpretation or opinion without first giving public notice?

Length: 49 wordsOfficial source
Question: Can OFAC change its previously stated, non-published interpretation or opinion without first giving public notice? Answer: Yes. OFAC, therefore, strongly encourages parties to exercise due diligence when their business activities may touch on an OFAC-administered program and to contact OFAC if they have any questions about their transactions.
OFAC FAQ 15: Can OFAC change its previously stated, non-published interpretation or opinion without first giving public notice? | Justis AI