OFACFinal Rule
Publication of Iranian Transactions and Sanctions Regulations Web General License
Finance & BankingOther
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Summary
This regulation allows certain companies and individuals to conduct specific financial transactions with Iran through a special government permission called a 'general license,' while still maintaining overall U.S. sanctions against Iran. The rule aims to clarify which Iranian transactions can be publicly reported and documented by American businesses and financial institutions.
Key Points
- 1The U.S. Treasury Department (OFAC) is issuing a general license that permits certain pre-approved transactions with Iran without requiring individual case-by-case approval
- 2Companies involved in permitted transactions must publicly report and document these Iranian dealings in a transparent way
- 3This rule affects banks, import/export companies, and other businesses that handle international payments and trade
- 4The general license allows limited business activity while maintaining broader U.S. sanctions policies toward Iran
- 5Businesses must follow specific reporting requirements to show they are complying with the government's rules
Key Dates
Published
October 1, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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