Treasury publishes two existing Iran sanctions licenses in the Federal Register
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The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has published two general licenses, designated AA and BB, in the Federal Register. These licenses relate to Iran-related sanctions.
Why it matters: This is a routine administrative step. OFAC often posts new licenses on its website first for immediate access. Publishing them in the Federal Register ensures they are permanently archived in the official legal record, which helps with long-term reference and compliance tracking. There are no new rules or restrictions here.
Who it affects
- Compliance officers and legal teams managing Iran sanctions
The source is the Federal Register publication by the Treasury Department’s Office of Foreign Assets Control; readers should consult the original document to verify the specific terms of licenses AA and BB before relying on them for compliance.
Agency: Treasury Department, Foreign Assets Control Office
Source: Federal Register — read the official document