Rule2026-18461
Iranian Transactions and Sanctions Regulations
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
September 10, 2026
Effective
September 8, 2026
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is indefinitely suspending three general licenses and one licensing policy issued pursuant to the Iranian Transactions and Sanctions Regulations to align with changes in the foreign policy of the United States towards Iran.
Full Text
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<title>Federal Register, Volume 91 Issue 174 (Thursday, September 10, 2026)</title>
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[Federal Register Volume 91, Number 174 (Thursday, September 10, 2026)]
[Rules and Regulations]
[Pages 57511-57512]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-18461]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 560
Iranian Transactions and Sanctions Regulations
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Final rule; stay of effectiveness.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is indefinitely suspending three general licenses and
one licensing policy issued pursuant to the Iranian Transactions and
Sanctions Regulations to align with changes in the foreign policy of
the United States towards Iran.
DATES: Effective September 8, 2026, 31 CFR 560.522, 560.528, and
560.529 are stayed indefinitely.
As of September 8, 2026, the effectiveness of Iran General License
J-1, which is available on OFAC's website (<a href="https://ofac.treasury.gov">https://ofac.treasury.gov</a>),
is stayed indefinitely.
FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Regulatory Affairs, 202-622-4855; or <a href="https://ofac.treasury.gov/contact-ofac">https://ofac.treasury.gov/contact-ofac</a>.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: <a href="https://ofac.treasury.gov">https://ofac.treasury.gov</a>.
Background
On October 22, 2012, OFAC issued a final rule that amended the
former Iranian Transactions Regulations, 31 CFR part 560 (ITR), and
reissued them in their entirety as the Iranian Transactions and
Sanctions Regulations (ITSR or ``the Regulations'') (77 FR 64664,
October 22, 2012). Since then, OFAC has amended the Regulations on
several occasions.
On December 15, 2016, OFAC published on its website General License
J-1, which was issued pursuant to the Regulations. This general license
is available on OFAC's website (<a href="http://www.treasury.gov/ofac">www.treasury.gov/ofac</a>).
Rules To Be Stayed
In response to Iran's continued disruptions to global energy
markets, attacks on partners and allies in the Middle East,
reconstitution of its conventional and nuclear weapons programs,
efforts to monetize the Strait of Hormuz, and continued support to
terrorist proxies, OFAC is indefinitely suspending the general licenses
and licensing policy contained at 31 CFR 560.522, 560.528, and 560.529.
These general licenses and licensing policy authorize, respectively,
certain payments for overflights of Iranian airspace; the issuance of
specific licenses for certain transactions related to aircraft safety;
and bunkering and emergency repairs. As a result of this suspension,
any such transactions are no longer authorized by OFAC as of September
8, 2026.
In addition, OFAC is suspending indefinitely Iran General License
J-1, published on OFAC's website on December 15, 2016. Iran General
License J-1 authorizes the reexportation of certain civil aircraft to
Iran on temporary sojourn, as well as related transactions. As a result
of this suspension, any such transactions are no longer authorized by
OFAC as of September 8, 2026.
Public Participation
Because the Regulations involve a foreign affairs function, the
provisions of E.O. 12866 of September 30, 1993, ``Regulatory Planning
and Review'' (58 FR 51735, October 4, 1993), as amended, and the
Administrative Procedure Act (5 U.S.C. 553) requiring notice of
proposed rulemaking, opportunity for public participation, and delay in
effective date, as well as the provisions of E.O. 14192 of January 31,
2025, ``Unleashing Prosperity Through Deregulation'' (90 FR 9065,
February 6, 2025) and E.O. 14219 of February 19, 2025, ``Ensuring
Lawful Governance and Implementing the President's `Department of
Government Efficiency' Deregulatory Initiative'' (90 FR 10583, February
25, 2025), are inapplicable. Because no notice of proposed rulemaking
is required for this rule, the Regulatory Flexibility Act (5 U.S.C.
601-612) does not apply.
Executive Order 14294
Section 5 of E.O. 14294 of May 9, 2025, ``Fighting
Overcriminalization in Federal Regulations'' (90 FR 20367, May 14,
2025), directs that all future notices of proposed rulemaking (NPRMs)
and final rules published in the Federal Register, the violation of
which may constitute criminal regulatory offenses, should include a
statement identifying that the rule or proposed rule is a criminal
regulatory offense and the authorizing statute. E.O. 14294 directs
agencies to draft this statement in consultation with the Department of
Justice.
E.O. 14294 further directs that the regulatory text of all NPRMs
and final rules with criminal consequences
[[Page 57512]]
published in the Federal Register after May 9, 2025 should explicitly
state a mens rea requirement for each element of a criminal regulatory
offense, accompanied by citations to the relevant provisions of the
authorizing statute.
Willful violations of the regulations set forth in this final rule
may be subject to criminal penalties pursuant to 50 U.S.C. 1705 and
regulations promulgated thereunder. The statutory authority for
criminal liability requires a mens rea of willfulness as an element
pursuant to 50 U.S.C. 1705(c). In drafting this statement, OFAC has
consulted with the Department of Justice.
Paperwork Reduction Act
The Paperwork Reduction Act does not apply because this rule does
not impose information collection requirements that would require the
approval of the Office of Management and Budget under 44 U.S.C. 3501 et
seq.
List of Subjects in 31 CFR Part 560
Administrative practice and procedure, Banks, Banking, Blocking of
assets, Credit, Foreign trade, Iran, Sanctions, Services.
For the reasons set forth in the preamble, OFAC amends 31 CFR part
560 as follows:
PART 560--IRANIAN TRANSACTIONS AND SANCTIONS REGULATIONS
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1. The authority citation for part 560 continues to read as follows:
Authority: 3 U.S.C. 301; 18 U.S.C. 2339B, 2332d; 22 U.S.C.
2349aa-9, 7201-7211, 8501-8551, 8701-8795; 31 U.S.C. 321(b); 50
U.S.C. 1601-1651, 1701-1706; Pub. L. 101-410, 104 Stat. 890, as
amended (28 U.S.C. 2461 note); E.O. 12613, 52 FR 41940, 3 CFR, 1987
Comp., p. 256; E.O. 12957, 60 FR 14615, 3 CFR, 1995 Comp., p. 332;
E.O. 12959, 60 FR 24757, 3 CFR, 1995 Comp., p. 356; E.O. 13059, 62
FR 44531, 3 CFR, 1997 Comp., p. 217; E.O. 13599, 77 FR 6659, 3 CFR,
2012 Comp., p. 215; E.O. 13846, 83 FR 38939, 3 CFR, 2018 Comp., p.
854.
Subpart E--Licenses, Authorizations, and Statements of Licensing
Policy
Sec. Sec. 560.522, 560.528, and 560.529 [Stayed]
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2. Sections 560.522, 560.528, and 560.529 are stayed indefinitely.
Bradley T. Smith,
Director, Office of Foreign Assets Control, Department of the Treasury.
[FR Doc. 2026-18461 Filed 9-8-26; 4:15 pm]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on September 10, 2026.
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