Rule · OFAC · 13 Nov 2026 · 2026-23197
General License EE authorizes, through 12:01 a.m. eastern daylight time on October 23, 2026, transactions prohibited by Executive Order 13846 that are ordinarily incident and necessary to winding down transactions involving Samudra Marine Services Private Limited or any entity in which it owns, directly or indirectly, a 50 percent or greater interest, provided payments to blocked persons go into a blocked, interest-bearing account in the United States. General License FF authorizes, through 12:01 a.m. eastern daylight time on October 30, 2026, transactions prohibited by the Iranian Transactions and Sanctions Regulations ordinarily incident and necessary to winding down transactions involving International Development Bank for Investment and Finance (Iraq Development Bank) or any entity in which it owns, directly or indirectly, a 50 percent or greater interest, provided payments to blocked persons go into a blocked account under the ITSR. Neither license authorizes transactions involving other blocked persons unless separately authorized.
DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 560 Publication of Iran-Related Web General Licenses EE and FF AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Publication of web general licenses. SUMMARY: The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is publishing two Iranrelated general licenses (GLs): GLs EE and FF, which were made available on OFAC’s website at the time of issuance. DATES: GL EE was issued on October 8, 2026. See SUPPLEMENTARY INFORMATION for additional relevant dates. FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for Regulatory Affairs, 202–622–4855; or https:// ofac.treasury.gov/contact-ofac. SUPPLEMENTARY INFORMATION: Electronic Availability This document and additional information concerning OFAC are available on OFAC’s website: https:// ofac.treasury.gov/. Background On October 8, 2026, OFAC issued GL EE to authorize certain transactions otherwise prohibited by Executive Order 13846 of August 6, 2018, ‘‘Reimposing Certain Sanctions With Respect to Iran’’ (83 FR 38939, August 7, 2018). GL EE expired on October 23, 2026. On October 15, 2026, OFAC issued GL FF to authorize certain transactions otherwise prohibited by the Iranian Transactions and Sanctions Regulations, 31 CFR part 560. GL FF expired on October 30, 2026. These GLs were made available on OFAC’s website (https://ofac.treasury.gov) when they were issued. The text of these GLs is provided below. OFFICE OF FOREIGN ASSETS CONTROL Executive Order 13846 of August 6, 2018 (‘‘Reimposing Certain Sanctions With Respect to Iran’’) GENERAL LICENSE EE Authorizing the Wind Down of Transactions Involving Samudra Marine Services Private Limited (a) Except as provided in paragraph (b) of this general license, all transactions prohibited by Executive Order (E.O.) 13846 that are ordinarily incident and necessary to the wind down of any transaction involving Samudra Marine Services Private Limited (‘‘Samudra’’), or any entity in which Samudra owns, directly or indirectly, a 50 percent or greater interest, are authorized through 12:01 a.m. eastern daylight time, October 23, 2026, provided that any payment to a blocked person must be made into a blocked, interest-bearing account located in the United States. (b) This general license does not authorize any transactions otherwise prohibited by E.O. 13846, including transactions involving any person blocked pursuant to E.O. 13846 other than the blocked persons described in paragraph (a) of this general license, unless separately authorized. Dated: October 8, 2026. Bradley T. Smith, Director, Office of Foreign Assets Control. OFFICE OF FOREIGN ASSETS CONTROL Iranian Transactions and Sanctions Regulations 31 CFR Part 560 GENERAL LICENSE FF Authorizing the Wind Down of Transactions Involving International Development Bank for Investment and Finance (a) Except as provided in paragraph (b) of this general license, all transactions prohibited by the Iranian Transactions and Sanctions Regulations, 31 CFR part 560 (ITSR), that are ordinarily incident and necessary to the wind down of any transaction involving International Development Bank for Investment and Finance, a.k.a. Iraq Development Bank (‘‘Iraq Development Bank’’), or any entity in which Iraq Development Bank owns, directly or indirectly, a 50 percent or greater interest, are authorized through 12:01 a.m. eastern daylight time, October 30, 2026, provided that any payment to a blocked person must be made into a blocked account in accordance with the ITSR. (b) This general license does not authorize any transactions otherwise prohibited by the ITSR, including transactions involving any person blocked pursuant to the ITSR other than the blocked persons described in paragraph (a) of this general license, unless separately authorized. Dated: October 15, 2026. Bradley T. Smith, Director, Office of Foreign Assets Control. Bradley T. Smith, Director, Office of Foreign Assets Control. [FR Doc. 2026–23197 Filed 11–12–26; 8:45 am] BILLING CODE 4810–AL–P
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“authorize certain transactions otherwise prohibited by Executive Order 13846 of August 6, 2018”
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