Iran Sanctions (Kenneth Katzman, Jan 6, 2012) Executive Orders- Executive Order - Addition of names to the The List of Foreign Financial Institutions Subject to Part 561 (the “Part 561 List”) in relation with Iran (July 31, 2012) - This E.O. gives new sanctions authorities to both the Department of the Treasury and the Department of State. The E.O. authorizes the Secretary of the Treasury to impose financial sanctions on foreign financial institutions found to have knowingly conducted or facilitated certain significant financial transactions with the National Iranian Oil Company (“NIOC”) or Naftiran Intertrade Company (“NICO”) or for the purchase or acquisition of petroleum or petroleum products from Iran through any channel. In addition, the E.O. provides Treasury new authority to impose sanctions on foreign financial institutions found to have knowingly conducted or facilitated significant transactions for the purchase or acquisition of petrochemical products from Iran. Finally, it provides authority for Treasury to block the property and interests in property of any person determined to have materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, NIOC, NICO, or the Central Bank of Iran, or the purchase or acquisition of U.S. bank notes or precious metals by the Government of Iran. This E.O. provides authority to the Secretary of State that adds to the State Department’s existing authorities under the Iran Sanctions Act and E.O. 13590, “Authorizing the Imposition of Certain Sanctions With Respect to the Provision of Goods, Services, Technology, or Support for Iran’s Energy and Petrochemical Sectors.”
- Executive Order - “Prohibiting Certain Transactions with and Suspending Entry into the United States of Foreign Sanctions Evaders with Respect to Iran and Syria (May 1, 2012) - This E.O. targets foreign individuals and entities that have violated, attempted to violate, conspired to violate, or caused a violation of U.S. sanctions against Iran or Syria, or that have facilitated deceptive transactions for persons subject to U.S. sanctions concerning Syria or Iran. With this new authority, Treasury now has the capability to publicly identify foreign individuals and entities that have engaged in these evasive and deceptive activities, and generally bar access to the U.S. financial and commercial systems.
- FAQ on this Executive Order.
- Executive Order 13606 - Blocking The Property And Suspending Entry into the United States of Certain Persons with Respect to Grave Human Rights Abuses by the Governments of Iran and Syria Via Information Technology (the “GHRAVITY E.O.”) (April 22, 2012) - Effective 12:01 a.m. eastern daylight time on April 23, 2012, the GHRAVITY E.O. blocks all property and interests in property of persons listed in its Annex, and all persons determined by the Secretary of the Treasury, in consultation with or at the recommendation of the Secretary of State, to meet the criteria in the order.
- Executive Order 13599 - Blocking Property of the Government of Iran and Iranian Financial Institutions (Feb 5, 2012) - Guía del Tesoro de EEUU - Ver (más abajo en Acts) la National Defense Authorization Act for fiscal year 2012 que esta EO ejecuta
- General License A - Certain transactions otherwise authorized under general or specific licenses set forth in or issued pursuant to 31 C.F.R. chapter V authorized
- General License B - Certain noncommercial, personal remittances to or from Iran authorized
- Overview
- FAQ
- Executive Order 13590 - Authorizing the Imposition of Certain Sanctions With Respect to the Provisions of Goods, Services, Technology, or Support for Iran's Energy and Petrochemical Sectors (November 21, 2011)
- Executive Order 13574 - Authorizing the Implementation of Certain Sanctions Set Forth in the Iran Sanctions Act of 1996, as Amended (May 23, 2011)
- Executive Order 13553 - Blocking Property of Certain Persons With Respect to Serious Human Rights Abuses by the Government of Iran and Taking Certain Other Actions (September 28, 2010)
- Executive Order 13382 (June 29, 2005) is an authority aimed at freezing the assets of proliferators of weapons of mass destruction and their supporters, and isolating them financially. Designations under E.O. 13382 prohibit all transactions between the designees and any U.S. person, and freeze any assets the designees may have under U.S. jurisdiction.
- Executive Order 13059 - Prohibiting Certain Transactions With Respect to Iran (August 19, 1997)
- Revokes in part: EO 12613, October 29, 1987; EO 12957, March 15, 1995; EO 12959, May 6, 1995
- See: Notice of March 4, 1998; Notice of March 10, 1999; Notice of March 13, 2000; Notice of March 13, 2001; Notice of March 12, 2003; Notice of March 10, 2004; Notice of March 10, 2005; Notice of March 13, 2006; Notice of March 8, 2007; Notice of March 11, 2008; Notice of March 11, 2009; Notice of March 10, 2010
- Executive Order 12959 - Prohibiting Certain Transactions With Respect to Iran (May 6, 1995)
- Revokes in part and supplements: EO 12613, October 29, 1987;EO 12957, March 15, 1995
- Revoked in part by: EO 13059, August 19, 1997
- See: Notice of March 8, 1996; Notice of March 5, 1997; Notice of March 4, 1998; Notice of March 10, 1999; Notice of March 13, 2000; Notice of March 13, 2001; Notice of March 13, 2002; Notice of March 12, 2003; Notice of March 10, 2004; Notice of March 10, 2005; Notice of March 13, 2006; Notice of March 8, 2007; Notice of March 11, 2008; Notice of March 11, 2009; Notice of March 10, 2010
- Executive Orders 12957 — Prohibiting Certain Transactions With Respect to the Development of Iranian Petroleum Resource (March 15, 1995)
- Revoked in part and supplemented by: EO 12959, May 6, 1995
- Revoked in part by: EO 13059, August 19, 1997
- See: Notice of March 8, 1996; Notice of March 5, 1997; Notice of March 4, 1998; Notice of March 10, 1999; Notice of March 13, 2000; Notice of March 13, 2001; Notice of March 13, 2002; Notice of March 12, 2003; Notice of March 10, 2004; Notice of March 10, 2005; Notice of March 13, 2006; Notice of March 8, 2007; Notice of March 11, 2008; Notice of March 11, 2009; Notice of March 10, 2010; EO 13553, September 28, 2010; EO 13574, May 23, 2011; EO 13590, November 20, 2011
- Executive Order 12613 - Prohibiting Imports From Iran (October 29, 1987)
- Revoked by in part and supplemented by: EO 12959, May 6, 1995
- Revoked in part by: EO 13059, August 19, 1997
- See: 52 FR 44076
ActsSenateBanking CommitteeUS Code - Code of Federal Regulation (CFR)IntroThe U.S. Code is a codification of legislation, while the CFR serves as administrative law. The United States Code (U.S. Code) precedes the CFR and contains statutes enacted by Congress. The CFR contains regulations, which spell out in further detail how the executive branch will interpret the law. The two documents represent different stages in the legislative process. Every regulation in the CFR must have an "enabling statute," or statutory authority.
The Code of Federal Regulations (CFR) is the codification of the general and permanent rules and regulations (sometimes called administrative law) published in the Federal Register by the executive departments and agencies of the Federal Government of the United States. The CFR is published by the Office of the Federal Register, an agency of the National Archives and Records Administration (NARA). The CFR is divided into 50 titles that represent broad areas subject to Federal regulation.
- TITLE 8 Aliens and Nationality
- CHAPTER 12—IMMIGRATION AND NATIONALITY
- SUBCHAPTER II—IMMIGRATION
- Part II—Admission Qualifications for Aliens; Travel Control of Citizens and Aliens
- Sec. 1189. Designation of foreign terrorist organizations
- TITLE 18 - Crimes and Criminal Procedure
- CHAPTER 113B - TERRORISM
- Sec. 2339B. Providing material support or resources to designated foreign terrorist organizations
- TITLE 22 Foreign Relations and Intercourse
Civil Penalties and Enforcement Information
US Administrative Collection of Civil Penalties in the Iranian Assets Control Regulations
Guidance on OFAC Enforcement PolicySome Comments and ArticlesIran's trade partners act to avoid U.S. sanctions (April 22, 2012)
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