Imposing Sanctions With Respect to Iran
Headline: Blocks Property and Imposes Sanctions on Iranian Leadership
What it does: Agencies must implement blocked-property sanctions and Treasury must identify and restrict foreign banks that finance listed Iranian persons.
- Freezes assets in the United States of listed Iranian officials and entities.
- May cut off foreign banks from U.S. correspondent accounts for listed clients.
- Bars entry into the U.S. for individuals meeting the order's listing criteria.
Summary
This order blocks property and freezes financial dealings of the Supreme Leader of Iran, his office, and other people or entities the Treasury identifies as connected to them. It also authorizes the Treasury to restrict U.S. banking services for foreign banks that knowingly handle significant transactions for those listed and prohibits donations, contributions, or services to them.
The order suspends entry into the United States for people who meet the listing criteria and directs all federal departments to carry out these measures to respond to Iran's destabilizing actions.
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