Treasury's OFAC Goes Digital: Easier Escape from Sanctions Lists?
Published Date: 2/25/2026
Notice
Summary
The Treasury’s Office of Foreign Assets Control (OFAC) is updating how people ask to remove themselves or their property from sanctions lists by launching a new online Sanctions Reconsideration Portal. This change makes the process faster and easier for anyone affected by sanctions, like businesses or individuals. Comments on this update are open until March 27, 2026, and no new fees are involved.
Analyzed Economic Effects
3 provisions identified: 2 benefits, 1 costs, 0 mixed.
New Online Sanctions Reconsideration Portal
OFAC is creating a voluntary online Sanctions Reconsideration Portal under OMB control number 1505-0164 to collect specific information from petitioners asking to remove a person or property from OFAC sanctions lists. OFAC estimates about 300 unique respondents will use the Portal, with an average of three hours per submission, and says the Portal will make collecting and reviewing reconsideration requests more efficient.
No New Fees for Portal Use
OFAC states that launching the Sanctions Reconsideration Portal involves no new fees for users. The Portal is voluntary and petitioners will not be charged an additional fee to submit reconsideration requests.
Added Paperwork Burden for Petitioners
OFAC estimates the Sanctions Reconsideration Portal will add about 900 annual burden hours (300 responses × an average 3 hours per response). OFAC also incorporates the Unblocking/Transfer Report Form (TD F 93.10, approved September 11, 2025), which together increase the reporting burden modestly within the overall information collection.
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