Frequently Asked Questions

… If an export or reexport is not authorized by general license, any U.S. person, or non-U.S. person exporting items subject to Commerce's Export … to Iran of agricultural commodities excluded from the scope of the agricultural commodities general license,… Read more

… of the ITSR , E.O. 13599 , or section 1 or 15 of E.O. 13846 , or is authorized by a general license issued pursuant to these authorities if engaged in by a U.S. person, it would not be … a U.S. person might apply for a specific license — for example, under OFAC’s… Read more

… The specified items excluded from the scope of the agricultural commodities general license are: castor beans, castor bean seeds, certified pathogen-free eggs (unfertilized … and all fertilizers. The persons excluded from the scope of the agricultural commodities general… Read more

… of the Iranian Transactions and Sanctions Regulations (ITSR) to incorporate the provisions of General License (GL) D-2 into 31 CFR § 560.540, with certain additional amendments. Section … Section 560.211 of the ITSR. Section 560.540(d) has been added to set forth the case-by-case… Read more

… Under General License A issued pursuant to E.O. 13599 , transactions authorized by (non-TSRA) specific licenses issued prior to the issuance of E.O. 13599 and issued pursuant to any part of 31 C.F.R. chapter V are also authorized under E.O. 13599. As set forth in… Read more

… regardless of the situation, is not authorized pursuant to Iran GL O and requires a specific license from OFAC. U.S. financial institutions may also process transactions conducted by … Does General License (GL) O authorize all wind-down transactions for any… Read more

… No.  Non-U.S. persons generally do not risk exposure to sanctions for engaging in activities or facilitating … for engaging in transactions that U.S. persons would be authorized to engage in under Iran General License (GL) O? … No.  Non-U.S. persons … Read more

… 13902.  This includes, but is not limited to, (i) transactions and activities authorized by general and specific licenses issued pursuant to the ITSR and (ii) transactions and activities ordinarily incident to … if a U.S. person or a U.S.-owned or -controlled… Read more

… Under General License A issued pursuant to E.O. 13599 , transactions authorized under existing specific licenses issued pursuant to TSRA and the ITR are authorized under E.O. 13599 until the specific license expires, per the terms of the … Read more

… the relevant designation under E.O. 13224. For example, if a U.S. person could have relied on general or specific licenses pursuant to sections 560.530(a) or (b), 560.532, or 560.533 of the ITSR to engage in … What does General License No. 8A (GL… Read more