OFAC FAQ #152 · Iran Sanctions
How do the Iranian Financial Sanctions Regulations (IFSR) define “foreign financial institutions”?
OFAC's answer
The [Iranian Financial Sanctions Regulations](https://www.ecfr.gov/cgi-bin/text-idx?SID=9874a1de71122f946a56d27417c6c372&tpl=/ecfrbrowse/Title31/31cfr561_main_02.tpl) (IFSR) define “[foreign financial institutions](https://www.ecfr.gov/cgi-bin/text-idx?SID=f001609e54e2c4adcbab5dafe63ba4a7&mc=true&node=se31.3.561_1308&rgn=div8)” to include foreign depository institutions, banks, savings banks, money service businesses, trust companies, securities brokers and dealers, commodities exchanges, clearing corporations, investment companies, employee benefit plans, and holding companies, affiliates, or subsidiaries of any of these entities.