When must I file a blocking report?

Within 10 business days of blocking. File via OFAC online portal with details of the blocked property.

What is the annual report deadline?

September 30 each year. Required if you hold blocked property, even from prior years.

What are the penalties for failing to report?

Failure to file required reports is itself a sanctions violation. Civil penalties up to $356,571 per violation.

By SanctionsAI team · Updated 2026-08-09

OFAC reporting requirements

OFAC requires several types of reports. Understanding which to file, when, and how is critical for compliance.

Report types and deadlines

Report	When	Deadline	How to file
Blocking report	Transaction involving SDN property blocked	10 business days	OFAC online portal
Rejection report	Transaction rejected (no blocked property)	10 business days	OFAC online portal
Annual report	Summary of all blocked property held	September 30	OFAC online portal
Voluntary self-disclosure	Apparent violation discovered	ASAP	OFAC via email
Quarterly report	Blocked property transactions	Quarterly	OFAC online portal

What to include in a blocking report

Include: blocking date, SDN name, property description, value, account information, and reason for blocking. For voluntary self-disclosure, include: description of the apparent violation, transactions, how discovered, remediation steps, and timeline.

Voluntary self-disclosure: Can reduce penalties by up to 50%. Disclose before OFAC discovers independently for maximum mitigation.

Screen your agent's next payment

Check any wallet, name, or entity against OFAC, EU, UN sanctions lists in real time.

Free wallet checker

Frequently Asked Questions

When must I file a blocking report?: Within 10 business days of blocking. File via OFAC online portal with details of the blocked property.
What is the annual report deadline?: September 30 each year. Required if you hold blocked property, even from prior years.
How do I file a voluntary self-disclosure?: Email OFAC with description of the apparent violation, transactions, how discovered, remediation, and timeline. Do this ASAP.
What are the penalties for failing to report?: Failure to file required reports is itself a sanctions violation. Civil penalties up to $356,571 per violation.

← Back to regulations · SanctionsAI