What 31 CFR Part 590 (Transnational Criminal Organizations Sanctions Regulations) - OFAC Blocking, Licensing and Reporting requires
31 CFR Part 590, the Transnational Criminal Organizations Sanctions Regulations, implements the U.S. sanctions targeting significant transnational criminal organizations, administered by the Office of Foreign Assets Control under Executive Order 13581 as amended by Executive Order 13863. All property and interests in property of persons designated under the program that are in the United States or in the possession or control of a U.S. person are blocked and may not be transferred, paid, exported, withdrawn or otherwise dealt in, including the property of persons who materially assist, sponsor or support a blocked person or who are owned or controlled by a blocked person. Consistent with OFAC's 50 Percent Rule, an entity owned 50 percent or more, directly or indirectly, in the aggregate by one or more blocked persons is itself blocked. Transactions that would otherwise be prohibited require an OFAC general or specific license, and payments otherwise due to a blocked person must be placed in a blocked, interest-bearing account in a U.S. financial institution. U.S. persons must report blocked property and rejected transactions to OFAC within 10 business days and file the annual report of blocked property, must maintain full records for at least five years, and are subject to civil and criminal penalties under the International Emergency Economic Powers Act for violations.
Pillar: Financial Crime, AML & Sanctions · Authority: US Department of the Treasury Office of Foreign Assets Control (OFAC) · Version: 1.0.0 · Last updated:
Primary source: https://www.ecfr.gov/current/title-31/subtitle-B/chapter-V/part-590
SHA-256 integrity: 47d73912fa12e7c56b972fa92d69fc2e231b76141b19da3776ee87262120249e
Primary Citations — 9 traced to source
- Executive Order 13581 (76 FR 44757) as amended by Executive Order 13863 (84 FR 10255) - blocking property of transnational criminal organizations
- International Emergency Economic Powers Act, 50 U.S.C. 1701-1708 - statutory authority and penalties (50 U.S.C. 1705)
+ 7 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.
Access
- Discovery (free): /api/v1/nodes/us-ofac-31-cfr-590-transnational-criminal-organizations-sanctions-regulations.json — 6-field metadata
- Vault (full node): /api/v1/vault/nodes/us-ofac-31-cfr-590-transnational-criminal-organizations-sanctions-regulations.json — full 13-key payload, $0.01 USDC (L402/Skyfire/Direct Base)
- Canonical URL: https://bidda.com/intelligence/us-ofac-31-cfr-590-transnational-criminal-organizations-sanctions-regulations
- Back to registry: Browse all 10,085 compliance nodes