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Your Sanctions Audit Trail Has to Survive a Ten-Year Lookback

OFAC Doubled the Retention Period in 2025 On March 12, 2025, OFAC’s extended recordkeeping requirement took effect, doubling the retention period for records of transactions subject to its regulations…

  • U.S. OFAC doubles record retention period from 5 to 10 years
  • Blocked property retention continues after unblocking, potentially indefinitely
  • Decision-making process must be captured with four key elements

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