Updates to OFAC Licensing Portal Application Status and Hotline

Posted Saturday, July 20, 2024 3:15 am

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is providing more detailed updates regarding the status of their applications via the public Licensing Portal.

Applicants will now receive one of ten following case statuses to better indicate where their application is in the processing timeline.

Received
Guidance Issued
Returned Without Action
Pending Management Review
Pending Interagency Review
Pending Treasury Coordination
Pending with Applicant
Approved
Denied
Closed

Concurrently, OFAC is implementing updates to the Licensing Division hotline, including updating menus and transitioning to a callback-only system. These changes are aimed at helping the public access the information they need faster, reducing call wait times, and improving the overall customer experience.

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Vol 45 No. 23 June 8, 2025

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