Treasury Department Updates OFAC Regulations and Contact Information
Estimated reading time: 4–5 minutes
Date: 2026-07-27
The Office of Foreign Assets Control (OFAC), a part of the U.S. Department of the Treasury, has announced changes to its rules. These updates are part of the Federal Register Volume 91, Number 142, published on July 27, 2026.
Contact Information Updates
OFAC has updated its contact information in several parts of its rules. This includes changes to website links and how people can reach OFAC. Now, people should visit the website at https://ofac.treasury.gov for information.
Legal Services Payments
OFAC has also changed rules about paying for legal services from funds outside the United States. They removed the need for a report and now require keeping records for ten years. These records should show where the money came from and details of the services.
Typographical Corrections
OFAC made corrections to errors in some regulations. They fixed wrong references in the text to ensure clarity and accuracy for easier understanding and compliance.
Foreign Affairs Function
Due to the nature of these regulations, normal rulemaking processes such as public comments do not apply. Thus, the new rules are effective immediately without delay.
Paperwork Compliance
The Paperwork Reduction Act ensures that any information collected displays a valid control number. OFAC’s related collections have been approved and assigned a control number.
Subjects of CFR Parts
The parts of the Code of Federal Regulations (CFR) affected include multiple areas such as banks, foreign trade, sanctions, and penalties. The amendments span over various sections related to different countries or regions subjected to U.S. sanctions.
These updates reflect OFAC’s ongoing commitment to ensuring regulations are up-to-date and clear. By correcting errors and updating contact details, OFAC aims to streamline processes and improve communication with the public.
Legal Disclaimer
This article includes content collected from the Federal Register (federalregister.gov). The content is not an official government publication. This article is for informational purposes only and does not constitute legal advice. For case-specific consultation, please contact us. Read our full Legal Disclaimer, which also includes information on translation accuracy.
