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

Compliance > OFAC
Q:  Can OFAC change its previously stated, non-published interpretation or opinion without first giving public notice?
 
A:   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. [09-10-02]
 
 
 
ADDITIONAL INFORMATION – This Q&A was included in the U.S. Department of the Treasury’s online Resource Center for OFAC – General Compliance, which may be found here:  https://www.treasury.gov/resource-center/faqs/Sanctions/Pages/faq_general.aspx#basic
 

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