§19.365. What must I do if I learn of information required under § 19.355 after entering into a covered transaction with a higher tier participant?
31 C.F.R. § 19.365
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—
You failed to disclose information earlier, as required by § 19.355; or
Due to changed circumstances, you or any of the principals for the transaction now meet any of the criteria in § 19.355.
Notes, amendments, and revision history
Authority
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
Source: 68 FR 66544, 66605, 66607, Nov. 26, 2003, unless otherwise noted.