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Iranian Transactions Regs Issued in Entirety

WASHINGTON (CN) - The Office of Foreign Assets Control has reissued the Iranian Transactions Regulations in their entirety after amendments, and renamed them the Iranian Transactions and Sanctions Regulations.

The action implements a February executive order and subsections of the National Defense Authorization Act for Fiscal Year 2012.

The OFAC also has added several new general licenses to the ITSR, removed a few general licenses, and incorporated into the ITSR a general license and a statement of licensing policy that, until now, have appeared only on the OFAC's Web site on the Iran sanctions page.

To learn more, click the document icon for this regulation and others.

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