rejected-transactions

OFAC Voluntary Self-Disclosure vs. Mandatory Reports Under 31 CFR §§ 501.603 and 501.604

A practitioner's decision guide to the OFAC reporting requirements under §§ 501.603 and 501.604, the voluntary self-disclosure framework, and how the two tracks interact — with a quick-reference table, a two-track decision flow, and downloadable operational checklists.