OFAC: NEW IRAN-RELATED FREQUENTLY ASKED QUESTION (FAQ)

On 30 September, OFAC released new FAQ 932.  This asks: do US sanctions prohibit US persons from visiting, or making donations to, the Imam Reza Holy Shrine in Mashhad, Iran?  It notes that The Holy Shrine Organization is also considered blocked under Executive Order 13876 pursuant to OFAC 50% Rule to the extent it is 50% or more owned by Astan Quds Razavi (AQR), and that US persons are advised to act with caution when considering transactions or activities involving AQR or the Holy Shrine Organization. 

https://home.treasury.gov/policy-issues/financial-sanctions/faqs/932

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

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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