Publication of Iran-Related Web General Licenses AA and BB
Rule published August 27, 2026 · 91 FR 55265
- Document number
- FR Doc. 2026-17491
- Type
- Rule
- Published
- August 27, 2026
- Citation
- 91 FR 55265 (page 55,265)
- Action
- Publication of web general licenses.
- Dates
- GLs AA and BB were issued on August 24, 2026. See SUPPLEMENTARY INFORMATION for additional relevant dates.
- Official sources
- PDF (govinfo.gov) · federalregister.gov
Summary
The Federal Register's summaryThe Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing two Iran-related general licenses (GLs): GLs AA and BB, which were previously made available on OFAC's website upon issuance.
Executive orders cited
- Executive Order 13902 · Other documents citing it · OFAC program tags: IRAN-EO13902
Text
As the Government Publishing Office publishes it. Pages OFAC printed as images (in recent notices, the lists of names) are in the official PDF.
[Federal Register Volume 91, Number 165 (Thursday, August 27, 2026)]
[Rules and Regulations]
[Page 55265]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2026-17491]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Chapter V
Publication of Iran-Related Web General Licenses AA and BB
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of web general licenses.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing two Iran-related general licenses (GLs):
GLs AA and BB, which were previously made available on OFAC's website
upon issuance.
DATES: GLs AA and BB were issued on August 24, 2026. See SUPPLEMENTARY
INFORMATION for additional relevant dates.
FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Regulatory Affairs, 202-622-4855; or https://ofac.treasury.gov/contact-ofac.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: https://ofac.treasury.gov/.
Background
On August 24, 2026, OFAC issued GL AA to authorize certain
transactions otherwise prohibited by Executive Order (E.O.) 13902 of
January 10, 2020, ``Imposing Sanctions With Respect to Additional
Sectors of Iran'' (85 FR 2003, January 14, 2020) that are ordinarily
incident and necessary to the wind down of transactions, or maintenance
of operations, involving certain entities through 12:01 a.m. eastern
daylight time, October 23, 2026. OFAC also issued GL BB to authorize,
through 12:01 a.m. eastern daylight time, September 8, 2026, certain
transactions otherwise prohibited by the Iranian Transactions and
Sanctions Regulations (ITSR), 31 CFR part 560, that are ordinarily
incident and necessary to the wind down of transactions that were
previously authorized by the general licenses listed in GL BB. These
GLs were made available on OFAC's website (https://ofac.treasury.gov)
when they were issued. The text of these GLs is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13902 of January 10, 2020
(``Imposing Sanctions With Respect to Additional Sectors of Iran'')
GENERAL LICENSE AA
Authorizing Certain Activities Involving La Nivernaise De Raffinage SAS
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by Executive Order (E.O.) 13902 that are
ordinarily incident and necessary to the wind down of any transaction,
or the maintenance of operations, contracts, or other agreements in
effect as of August 24, 2026, involving La Nivernaise De Raffinage SAS
(``LNR''), or any entity in which LNR owns, directly or indirectly, a
50 percent or greater interest, are authorized through 12:01 a.m.
eastern daylight time, October 23, 2026.
(b) This general license does not authorize any transactions
otherwise prohibited by E.O. 13902, including transactions involving
any person blocked pursuant to E.O. 13902 other than the blocked
persons described in paragraph (a) of this general license, unless
separately authorized.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: August 24, 2026.
OFFICE OF FOREIGN ASSETS CONTROL
Iranian Transactions and Sanctions Regulations
31 CFR Part 560
GENERAL LICENSE BB
Authorizing the Wind Down of Certain Transactions Previously Authorized
Under the Iranian Transactions and Sanctions Regulations
(a) Except as provided in paragraph (b), all transactions
prohibited by the Iranian Transactions and Sanctions Regulations, 31
CFR part 560 (the ITSR), that are ordinarily incident and necessary to
the wind down of any transaction previously authorized by one or more
of the following general licenses are authorized through 12:01 a.m.
eastern daylight time, September 8, 2026, provided that any payment to
a blocked person is made into a blocked interest-bearing account
located in the United States in accordance with the ITSR:
(1) 31 CFR 560.544 (``Certain educational activities by U.S.
persons in third countries authorized'');
(2) 31 CFR 560.550 (``Certain noncommercial, personal remittances
to or from Iran authorized'');
(3) 31 CFR 560.554 (``Importation and exportation of services
related to conferences in the United States or third countries
authorized'');
(4) Iran General License F (``Authorizing certain services in
support of professional and amateur sports activities and exchanges
involving the United States and Iran''); or
(5) Iran General License G (``Certain academic exchanges and the
exportation or importation of certain educational services
authorized'').
(b) This general license does not authorize any other transactions
or activities prohibited by the ITSR, any other Executive order, or any
other part of 31 CFR chapter V, unless separately authorized.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: August 24, 2026.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2026-17491 Filed 8-26-26; 8:45 am]
BILLING CODE 4810-AL-P