On August 6, 2019, the Office of Foreign Assets Control of the US Department of the Treasury announced that it was amending the Iranian Financial Sanctions Regulations in order to implement Executive Order 13871, “Imposing Sanctions with Respect to the Iron, Steel, Aluminum and Copper Sectors of Iran.” The amended EO implements the blocking sanctions described in Section 1 of the EO, and the correspondent or payable-through account sanctions established in Section 2. The amendment also renames 31 CFR part 562, which henceforward will be known as the Iranian Sector and Human Rights Abuses Sanctions Regulations, or ISHR.
August 14, 2019
OFAC amends Executive Order 13871
Related by Topic
New Post
OFAC settles apparent sanctions violations with EFG International for $3.7 million
March 20, 2024
News Alert
New Post
U.S. sanctions three officials in Republika Srpska for organizing an event that undermined the Dayton Peace Agreement
March 14, 2024
News Alert
New Post
U.S. designates four individuals for supporting the Al-Ashtar Brigades terrorist group
March 13, 2024
News Alert