31 CFR 19.365 - What must I do if I learn of information required under after entering into a covered transaction with a higher tier participant?

Regulations last checked for updates: May 01, 2024

Title 31 - Money and Finance: Treasury last revised: Apr 17, 2024

View all text of Subpart C [§ 19.300 - § 19.365]

§ 19.365 - What must I do if I learn of information required under after entering into a covered transaction with a higher tier participant?

At any time after you enter into a lower tier covered transaction with a person at a higher tier, you must provide immediate written notice to that person if you learn either that—

(a) You failed to disclose information earlier, as required by § 19.355; or

(b) Due to changed circumstances, you or any of the principals for the transaction now meet any of the criteria in § 19.355.

authority: Sec. 2455, Pub. L. 103-355, 108 Stat. 3327 (31 U.S.C. 6101 note); E.O. 11738 (3 CFR, 1973 Comp., p. 799); E.O. 12549 (3 CFR, 1986 Comp., p. 189); E.O. 12689 (3 CFR, 1989 Comp., p. 235)

source: 68 FR 66544, 66605, 66607, Nov. 26, 2003, unless otherwise noted.

cite as: 31 CFR 19.365