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OFAC’s IFCA/E.O. 13645 FAQ: Sectors Controlled by IRGC

The question (No 300):

For purposes of sanctions under section 1245, how will I know which sectors are controlled by Iran’s Islamic Revolutionary Guard Corps?

The answer:

By July 1, 2013, a report will be published in the Federal Register with respect to which sectors of the Iranian economy are controlled directly or indirectly by Iran’s Islamic Revolutionary Guard Corps. [06-03-13]

Note: the report does not seem to be available yet on the Federal Register Foreign Assets Control page, which claims to be current.

 

Categories: Guidance IFCA Iranian Sanctions OFAC Updates Sanctions Programs Sanctions Regulations

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