31 CFR § 800.507
Commencement of investigation
July 31, 2023
§ 800.507 Commencement of investigation.
(a) If it is determined that an investigation should be undertaken, such investigation shall commence no later than the end of the review period described in § 800.503.
(b) An official of the Department of the Treasury shall promptly inform the parties to a covered transaction in writing of the commencement of an investigation.