§ 791.106 Recordkeeping requirement.
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Title 15 CFR: Commerce and Foreign Trade › Chapter VII: BUREAU OF INDUSTRY AND SECURITY, DEPARTMENT OF COMMERCE › Part 791: SECURING THE INFORMATION AND COMMUNICATIONS TECHNOLOGY AND SERVICES SUPPLY CHAIN › Subpart B: Review of ICTS Transactions › § 791.106: § 791.106 Recordkeeping requirement.
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Upon notification that an ICTS Transaction is under review, such as, though not limited to, through a demand for information or documents related to an ICTS Transaction under § 791.101 or a notification that an Initial Determination concerning an ICTS Transaction has been made, a notified person must immediately take steps to retain any and all records relating to such Transaction and must retain such records for no less than ten (10) years following a Final Determination made under § 791.109 or as otherwise indicated in the Final Determination. If a notified person receives no notification that an Initial Determination concerning an ICTS Transaction has been made within ten (10) years of notification that an ICTS Transaction is under review, then the recordkeeping obligation will extend for ten (10) years following the initial notification of an ICTS Transaction review unless the notified person is informed otherwise by the Secretary.
[89 FR 96895, Dec. 6, 2024]
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