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Data Security Program (DSP) cure period starts

April 8

There are two key effective dates associated with the DSP: April 8, 2025 and October 6, 2025. Starting April 8, 2025, entities and individuals are required to comply with the DSP’s prohibitions and restrictions, and with all other provisions of the DSP with the exception of the affirmative obligations of subpart J (related to due diligence and audit requirements for restricted transactions), Β§ 202.1103 (related to reporting requirements for certain restricted transactions), and Β§ 202.1104 (related to reports on rejected prohibited transactions). Starting October 6, 2025, entities and individuals must comply with subpart J and Β§Β§ 202.1103 and 202.1104. These effective dates remain in force. However, consistent with the Executive’s Article II authority to exercise enforcement discretion, NSD will target its enforcement efforts during the first 90 days to allow U.S. persons (e.g., individuals and companies) additional time to continue implementing the necessary changes to comply with the DSP and provide additional opportunities for the public to engage with NSD on DSP-related inquiries. Specifically, NSD will not prioritize civil enforcement actions against any person for violations of the DSP that occur from April 8 through July 8, 2025 so long as the person is engaging in good faith efforts to comply with or come into compliance with the DSP during that time. This policy aims to allow the private sector to focus its resources and efforts on promptly coming into compliance and to allow NSD to prioritize its resources on facilitating compliance.

Details

Date:
April 8
Event Category:
Website:
https://www.justice.gov/opa/media/1396346/dl?inline
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