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Data / Federal rules / 2024-30344

Updating Authorizations for Payments for Legal Services

The Foreign Assets Control Office published this final rule in the Federal Register on December 19, 2024. It took effect on December 19, 2024.

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What the agency says

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is adopting a final rule amending multiple CFR parts to update general licenses authorizing payments for legal services from funds originating outside the United States. Specifically, OFAC is replacing the reporting requirement in the general license with a recordkeeping requirement in applicable parts of 31 CFR chapter V. Additionally, in two CFR parts, OFAC is updating the general licenses authorizing the provision of certain legal services and adding a general license authorizing payment for legal services from funds originating outside the United States.

Key facts

Document number
2024-30344
Type
Final rule
Action
Final rule
Agency
Treasury Department; Foreign Assets Control Office
Published
December 19, 2024
Takes effect
December 19, 2024
Dates
Effective date: This rule is effective December 19, 2024.
Code of Federal Regulations
31 CFR 510; 31 CFR 515; 31 CFR 526; 31 CFR 536; 31 CFR 544; 31 CFR 547; 31 CFR 548; 31 CFR 549; 31 CFR 550; 31 CFR 551; 31 CFR 552; 31 CFR 553; 31 CFR 555; 31 CFR 558; 31 CFR 569; 31 CFR 570; 31 CFR 576; 31 CFR 578; 31 CFR 579; 31 CFR 582; 31 CFR 583; 31 CFR 584; 31 CFR 585; 31 CFR 587; 31 CFR 588; 31 CFR 589; 31 CFR 590; 31 CFR 591; 31 CFR 594; 31 CFR 597; 31 CFR 598; 31 CFR 599
Topics
Administrative practice and procedure; Banks, banking; Blocking of assets; Credit; Foreign trade; Legal services; Penalties; Reporting and recordkeeping requirements; Securities; Services
Pages
11

The document on federalregister.gov PDF

Other documents from the Foreign Assets Control Office

Everything from the Foreign Assets Control Office · Rules on administrative practice and procedure · Rules on banks, banking · Rules on blocking of assets · Published in December 2024

Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.