Rule2026-18576
Publication of Iran-Related Web General Licenses CC and DD.
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 11, 2026
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing two Iran-related general licenses (GLs): GLs CC and DD, which were previously made available on OFAC's website upon issuance.
Full Text
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<title>Federal Register, Volume 91 Issue 175 (Friday, September 11, 2026)</title>
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[Federal Register Volume 91, Number 175 (Friday, September 11, 2026)]
[Rules and Regulations]
[Page 57795]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-18576]
[[Page 57795]]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Chapter V
Publication of Iran-Related Web General Licenses CC and DD.
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of web general licenses.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing two Iran-related general licenses (GLs):
GLs CC and DD, which were previously made available on OFAC's website
upon issuance.
DATES: GL CC was issued on September 4, 2026. See SUPPLEMENTARY
INFORMATION for additional relevant dates.
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 September 4, 2026, OFAC issued GL CC 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 involving
certain entities through 12:01 a.m. eastern daylight time, September
19, 2026. On September 8, 2026, OFAC issued GL DD to authorize, through
12:01 a.m. eastern daylight time, September 23, 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 DD. These
GLs were made available on OFAC's website (<a href="https://ofac.treasury.gov">https://ofac.treasury.gov</a>)
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 CC
Authorizing the Wind Down of Transactions Involving Certain Persons
Blocked on September 4, 2026
(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
involving one or more of the following blocked persons are authorized
through 12:01 a.m. eastern daylight time, September 19, 2026, provided
that any payment to a blocked person must be made into a blocked,
interest-bearing account located in the United States:
(1) Golden Global Yatirim Bankasi Anonim Sirketi;
(2) Golden Global Varlik Kiralama Anonim Sirketi;
(3) Golden Global Portfoy Yonetimi Anonim Sirketi; or
(4) Any entity in which one or more of the above persons own,
directly or indirectly, individually or in the aggregate, a 50 percent
or greater interest.
(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: September 4, 2026.
OFFICE OF FOREIGN ASSETS CONTROL
Iranian Transactions and Sanctions Regulations
31 CFR part 560
GENERAL LICENSE DD
Authorizing the Wind Down of Certain Civil Aviation-Related and Other
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 23, 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 Sec. 560.522 (``Allowable payments for overflights of
Iranian airspace'');
(2) 31 CFR Sec. 560.529 (``Bunkering and emergency repairs''); or
(3) Iran General License J-1 (``Authorizing the reexportation of
certain civil aircraft to Iran on temporary sojourn and related
transactions'').
(b) This general license does not authorize any other transactions
or activities prohibited by any other Executive order or by any other
part of 31 CFR chapter V, unless separately authorized.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: September 8, 2026.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2026-18576 Filed 9-10-26; 8:45 am]
BILLING CODE P
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</html>Indexed from Federal Register on September 11, 2026.
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