337. Are transactions that were previously authorized under 31 CFR § 560.540 of the Iranian Transactions and Sanctions Regulations (ITSR) prior to May 17, 2024 or General License (GL) D-2 still authorized under the revised 31 CFR § 560.540? 

Yes, transactions that were authorized under 31 CFR § 560.540 of the ITSR as of May 16, 2024 or GL D 2 (as well as its predecessors, GLs D and D-1) continue to be authorized pursuant to the version of 31 CFR § 560.540 revised on May 17, 2024.  See FAQs 338–343 and 1110 for additional information on transactions authorized pursuant to 31 CFR § 560.540.  

Date Updated: May 16, 2024