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On August 16, 2010, the U.S.Treasury Department’s Office of Foreign Assets Control (OFAC) issued the Iranian Financial Sanctions Regulations (IFSR) to implement the Comprehensive Iran Sanctions Accountability, and Divestment Act (CISADA), enacted on July 1, 2010
Insurance companies licensed to do business in US states have become the latest target of state efforts to encourage divestment from non-US companies that do business in Iran
