OFAC: NEW AND AMENDED IRAN SANCTIONS FAQ

On 5th September, OFAC issued updated FAQs, plus 1 new FAQ regarding bunkering of non-Iranian and Iranian vessels carrying goods to or from Iran.  The amended FAQ is 296: Will the provision of bunkering services to a non-Iranian vessel carrying non-sanctionable goods to or from Iran be subject to sanctions?  The new FAQ are 691: Will the provision of bunkering services to a non-Iranian vessel carrying sanctionable goods to or from Iran be subject to sanctions?; and 692: Will the provision of bunkering services for an Iranian vessel be subject to sanctions?

https://content.govdelivery.com/accounts/USTREAS/bulletins/25d50f2

https://www.treasury.gov/resource-center/faqs/Sanctions/Pages/faq_iran.aspx#296

https://www.treasury.gov/resource-center/faqs/Sanctions/Pages/faq_iran.aspx#691

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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