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OFAC issues final rule implementing “Iranian Transactions and Sanctions Regulations” including prohibitions now applicable to U.S. persons and their controlled foreign subsidiaries and new general licenses for medicine and medical supplies

Alston & Bird LLP
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Iran, USA
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October 25 2012

On October 22, 2012, OFAC published a final rule that amends substantial portions of the Iranian Transactions Regulations (31 CFR Part 560) (ITR) and renames those regulations the “Iranian Transactions and Sanctions Regulations” (ITSR

Office of Foreign Assets Control issues final rule implementing National Defense Authorization Act sanctions on Iran

Alston & Bird LLP
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Iran, USA
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February 27 2012

Effective February 27, 2012, the U.S. Office of Foreign Assets Control (OFAC) issued a final rule (the “Rule”) implementing Section 1245(d) of the National Defense Authorization Act for Fiscal Year 2012 (NDAA), which requires the imposition of sanctions on the Central Bank of Iran and designated Iranian financial institutions

Obama administration imposes new round of sanctions on Iran

Alston & Bird LLP
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Iran, USA
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November 22 2011

On November 21, 2011, the Obama Administration released a package of new sanctions on Iran

United States and European Union expand sanctions on Iran

Alston & Bird LLP
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European Union, Iran, USA
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June 8 2011

May 2011 saw multiple, coordinated developments in the multilateral drive to prevent nuclear weapons proliferation by Iran

Search results

OFAC issues final rule implementing “Iranian Transactions and Sanctions Regulations” including prohibitions now applicable to U.S. persons and their controlled foreign subsidiaries and new general licenses for medicine and medical supplies

Office of Foreign Assets Control issues final rule implementing National Defense Authorization Act sanctions on Iran

Obama administration imposes new round of sanctions on Iran

United States and European Union expand sanctions on Iran

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