OFAC FAQ #337 · Iran Sanctions
Are transactions that were previously authorized under 31 CFR § 560.540 of the Iranian Transactions and Sanctions Regulations (ITSR) prior to May 17, 2024 or General License (GL) D-2 still authorized under the revised 31 CFR § 560.540?
OFAC's answer
Yes, transactions that were authorized under [31 CFR § 560.540](https://www.ecfr.gov/current/title-31/subtitle-B/chapter-V/part-560) of the ITSR as of May 16, 2024 or [GL D 2](https://ofac.treasury.gov/media/928096/download?inline) (as well as its predecessors, GLs D and D-1) continue to be authorized pursuant to the version of 31 CFR § 560.540 revised on May 17, 2024. See [FAQs 338–343](https://ofac.treasury.gov/faqs/search/338+339+340+341+342+343) and [1110](https://ofac.treasury.gov/faqs/1110) for additional information on transactions authorized pursuant to 31 CFR § 560.540. Date Updated: May 16, 2024