Amendment to Iranian Transactions Regulations

On June 16, 2010, the Office of Foreign Assets Control ("OFAC") issued a final rule amending the Iranian Transactions Regulations, 31 C.F.R. Part 560 (the "ITR"), to expand the scope of Appendix A to Part 560 to encompass any person determined by OFAC to be the "Government of Iran," as the term is defined in the ITR. The final rule also adds to the appendix 22 persons OFAC has determined to be the "Government of Iran" and reformats and republishes in alphabetical order the entire list of persons in the expanded appendix