OFAC FAQ (Current) # 340 - Iran Sanctions (PDF contains all versions)

Date issued: May. 16 2024

Last substantive commentary amendment:
May. 17 2024

You've hit a wall. Sign in if you have an account, or learn more about TURBOFAC and subscription options.
TURBOFAC is a module of the compliance platform OverRuled. To learn more about OverRuled, visit www.overruled.com.

TURBOFAC Commentary (184 words)

Notes:

* FAQ amended on 5-16-24 in connection with OFAC’s incorporation of Iran GL D-2 into the ITSR at section 560.540. Amendments to this FAQ were non-substantive in nature.

* On 9-23-22, OFAC replaced Iran GL D-1 with Iran GL D-2 without making amendments to this FAQ. See Iran GL D-2, and comments thereto, for a discussion on the changes between GL D-1 and GL D-2. The comment below has not been amended as a result of the issuance of GL D-2.

---Below comments not amended as a result of the 5-16-24 amendments---

1) For general discussion on GL D-1, see comment to Iran General License (No. D-1). See also ITSR GL D-1 and 560.540 — Scenario Matrix, Associated Comment. The Matrix identifies the scope of ITSR GL D-1 and 560.540 in the context...