How will U.S. and foreign financial institutions know that the Treasury Department has made such a finding?
OFAC's answer
As a general matter, the Treasury Department will reach out to foreign financial institutions to inquire about their conduct before [making a finding](https://ofac.treasury.gov/faqs/155). If the Treasury Department decides to impose strict condition(s), the Treasury Department will issue an order or a regulation that sets out the strict condition(s) to be imposed on the U.S. [correspondent accounts](https://www.ecfr.gov/cgi-bin/text-idx?SID=f001609e54e2c4adcbab5dafe63ba4a7&mc=true&node=se31.3.561_1306&rgn=div8) or U.S. [payable-through accounts](https://www.ecfr.gov/cgi-bin/text-idx?SID=f001609e54e2c4adcbab5dafe63ba4a7&mc=true&node=se31.3.561_1307&rgn=div8) of the relevant foreign financial institution and publish the order or regulation in the Federal Register. The Federal Register is available at [www.gpo.gov/fdsys/](http://www.gpo.gov/fdsys/). If the Treasury Department decides to prohibit the opening or maintaining of U.S. correspondent accounts or U.S. payable-through accounts for a foreign financial institution, the Treasury Department will add the name of the foreign financial institution and publish it to the [part 561 list](https://ofac.treasury.gov/consolidated-sanctions-list/list-of-foreign-financial-institutions-subject-to-correspondent-account-or-payable-through-account-sanctions-capta-list).