Section node
Reports on blocked property
31 CFR 501.603
- What this page is
- Section node, 31 CFR 501.603
- Checked against the official source
- 2026-08-15Changed
- Responsible publisher
- ExploreWorld Legal, editorial deskLiability position
Short answer
What does 31 CFR 501.603 require, and where does it carry an outcome in the rule tree?
31 CFR 501.603 is the paragraph the Sanctions screening decision agent rests on for this question. Initial and annual reports on blocked and rejected transactions. The block was read against the publisher on 2026-08-15 and carries 1 outcomes in the agent's rule tree. The reference can be cited as it stands, with a link to the official text and a content hash.
31 CFR 501.603Checked against the publisher 2026-08-15Official text
A source reference, not legal advice.
- Jurisdiction
- 31 CFR Chapter V
- Section node
- reporting
- Read
- 2026-08-15
- Hash
- sha256:12b3fdab2ca4964f
Outcomes resting on this section
The rules below point to this section in their outcome. The verdict is a machine classification, not a judgment on an individual matter.
sc-blocked
The counterparty is blocked, the transaction is prohibited
Property of blocked persons must be frozen (31 CFR Part 501 and the programme parts), and entities owned 50 per cent or more by blocked persons are themselves blocked under OFAC guidance of 13 August 2014. Blocked property is reported within 10 business days (31 CFR 501.603).
prohibited, Requirement applies
Section nodes
- Blocking of property31 CFR 501 and the programme parts
- Ownership ruleOFAC guidance of 13 August 2014
- General and specific licences31 CFR 501.801
- Scope of the regulations15 CFR 734
- Commerce Control List15 CFR 774, Supplement No. 1
- Entity List15 CFR 744, Supplement No. 4
- Foreign direct product rules15 CFR 734.9
- Recordkeeping15 CFR 762
The verdict is a machine classification of the outcome, not legal advice and not a compliance decision.
Verifiable trust signals
- Six fixed blocks, one source per line
- No sentence written by a language model
- Engine version and read date on every answer
- No customer data, no documents, no advice
- Model card and audit published under the EU AI Act