OFFICE OF FOREIGN ASSETS CONTROL ISSUES RULE: IRANIAN TRANSACTIONS AND SANCTIONS REGULATIONS

WASHINGTON, Aug. 26 -- Office of Foreign Assets Control has issued a rule called: Iranian Transactions and Sanctions Regulations.

The rule was published in the Federal Register on Aug. 26 by Bradley T. Smith, Director, Office of Foreign Assets Control, Department of the Treasury.

Summary: The Department of the Treasury's Office of Foreign Assets Control (OFAC) is indefinitely suspending five general licenses issued pursuant to the Iranian Transactions and Sanctions Regulations to align with changes in the foreign policy of the United States towards Iran.

For more information, contact OFAC: Assistant Director for Regulatory Affairs, 202-622-4855; or https://ofac.treasury.gov/contact-ofac.

The full text of the rule can be found at: http:/...