OFAC FAQ (Archived) # 308 - Sanctions Relating to the Provision of Material Assistance to Certain Persons (IFCA)

Date issued: Jun. 03 2013

TURBOFAC Commentary (132 words)

Notes:

1) EO 13685 was revoked in 2016, in connection with the U.S. commitments pursuant to the JCPOA. IFCA-based sanctions imposed by EO 13685 were reimposed by EO 13846, in 2018. See generally comments to EO 13846, and related FAQs. This FAQ was archived in light of the revocation of EO 13685.

Refer to FAQ # 624, and comments thereto, reproducing the contents of this FAQ, but in the context of the reimposition of sanctions in EO 13846.

OCT-17-2020 UPDATE: "Iranian depository institutions whose property and interests in property are blocked solely pursuant to Executive Order 13599" should be amended to account for the blocking of such entities pursuant to both EO 13599 and EO 13902 (see Comment on the Designation of the Iranian Financial Sector Pursuant to EO 13902).