#aad? ,,congress  #b;d ,session  ,h4 ,r4
 #diib  ,,an ,,act  ,to codify          
regulations relat+ to transf]s ( funds  
involv+ ,iran1 & = o!r purposes4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,unit$ ,/ates ,f9ancial ,sy/em          
,protection ,act ( #bjaf4  #b4 ,f9d+s1  
s5se ( ,congress1 & /atem5t ( policy    
7a7 ,f9d+s ,congress f9ds ! foll[+3     
7#a7 ,on ,novemb] #h1 #bjaa1 ! ,dep>tm5t
 ( ! ,treasury id5tifi$ ! ,islamic      
,republic ( ,iran z a jurisdiction (    
prim>y money laund]+ conc]n pursuant to 
section #ecah;,a ( title #ca1 ,unit$    
,/ates ,code1 includ+ ,iran's ,c5tral   
,bank1 private ,iranian banks1 bran*es1 
& subsidi>ies ( ,iranian banks op]at+   
outside ( ,iran z pos+ illicit f9ance   
risks = ! global f9ancial sy/em4  7#b7  
,on ,novemb] #f1 #bjjh1 ! ,dep>tm5t ( ! 
,treasury ann\nc$ t x 0 revok+ ! ,u-turn
 lic5se = ,iran1 /at+ t z a memb] ( !   
,f9ancial ,action ,task ,=ce 7,,fatf71 !
 ,unit$ ,/ates today fulfill$ its       
obligation to /r5g!n measures to protect

 ! f9ancial sector f ! risks pos$ to !  
int]national f9ancial sy/em by ,iran4   
7#c7 ,on ,febru>y #ai1 #bjaf1 !         
,f9ancial ,action ,task ,=ce 7,,fatf71 !
 global /&>d sett+ body = anti-money    
laund]+ & combat+ ! f9anc+ ( t]rorism   
:i* has det]m9$ t ,iran is a            
non-coop]at+ c\ntry or t]ritory 9 !     
fight aga9/ money laund]+ & t]ror f9anc+
 s9ce #bjjh1 /at$ t1 ! ,,fatf rema9s    
p>ticul>ly & exceptionally conc]n$ ab\t 
,iran's failure to address ! risk (     
t]rori/ f9anc+ & ! s]i\s ?reat ?is poses
 to ! integrity ( ! int]national        
f9ancial sy/em4  7#d7 ,unit$ ,/ates &   
=eign bus9esses op]at+ or seek+ to      
op]ate 9 ,iran run significant risks1 z 
corruption 9 ,iran is endemic1 )        
,transp>5cy ,int]national rank+ ,iran   
#acj out ( #afh c\ntries4  7b7 ,s5se (  
,congress ,x is ! s5se ( ,congress t !  
entire f9ancial sector ( ,iran1 includ+ 
,iran's ,c5tral ,bank1 private ,iranian 
banks & bran*es1 & subsidi>ies (        
,iranian banks op]at+ outside ( ,iran1  

poses illicit f9ance risks = ! global   
f9ancial sy/em due to its prolif]ation1 
support = t]rorism1 & o!r illicit       
conduct4  7c7 ,/atem5t ( policy ,x %all 
be ! policy ( ! ,unit$ ,/ates to--  7#a7
 d5y ,iran access to funds d5om9at$ 9   
,unit$ ,/ates doll>s1 includ+ ?r\gh any 
(f%ore ,unit$ ,/ates doll> cle>+ sy/em =
 transactions involv+ ! ,gov]nm5t (     
,iran or an ,iranian p]son2 &  7#b7 d5y 
,iran access to ,unit$ ,/ates doll>s    
?r\gh any (f%ore ,unit$ ,/ates doll>    
cle>+ sy/em conduct$ or ov]se5 by a     
=eign gov]nm5t or a =eign f9ancial      
in/itution = transactions involv+ !     
,gov]nm5t ( ,iran or an ,iranian p]son4 
#c4 ,codification ( regulations relat+  
to transf]s ( funds involv+ ,iran2      
cl>ification ( application ( regulations
 to =eign depository in/itutions & =eign
 regi/]$ brok]s & deal]s  7a7           
,codification ( regulations ,section    
#efj4eaf ( title #ca1 ,code ( ,f$]al    
,regulations1 z 9 effect on ,janu>y #a1 
#bjaf1 %all apply ) respect to transf]s 

( funds to or f ,iran1 or = ! direct or 
indirect b5efit ( an ,iranian p]son or !
 ,gov]nm5t ( ,iran1 = ! p]iod beg9n+ on 
or aft] ,janu>y #a1 #bjaf1 & end+ on !  
date on :i* ! ,presid5t makes !         
c]tification to ! appropriate           
congressional committees "u section     
#dja7;a7 ( ! ,compreh5sive ,iran        
,sanctions1 ,acc\ntability1 & ,dive/m5t 
,act ( #bjaj 7#bb ,u4,s4,c4 #heea7;a774 
7b7 ,cl>ification ( application (       
regulations to =eign f9ancial           
in/itutions & =eign regi/]$ brok]s &    
deal]s  7#a7 ,=eign f9ancial in/itutions
 ,subsection 7a7 ( section #efj4eaf (   
title #ca1 ,code ( ,f$]al ,regulations1 
z 9 effect on ,janu>y #a1 #bjaf1 %all   
apply ) respect to =eign f9ancial       
in/itutions to ! same ext5t & 9 ! same  
mann] z su* subsection applies ) respect
 to ,unit$ ,/ates depository in/itutions
 if ! funds t are to be transf]r$ z     
describ$ 9 su* subsection are funds t   
are d5om9at$ 9 ,unit$ ,/ates doll>s4    
7#b7 ,=eign regi/]$ brok]s & deal]s     

,subsection 7b7 ( section #efj4eaf (    
title #ca1 ,code ( ,f$]al ,regulations1 
z 9 effect on ,janu>y #a1 #bjaf1 %all   
apply ) respect to =eign regi/]$ brok]s 
or deal]s 9 securities to ! same ext5t &
 9 ! same mann] z su* subsection applies
 ) respect to ,unit$ ,/ates regi/]$     
brok]s or deal]s 9 securities if ! funds
 t are to be transf]r$ z describ$ 9 su* 
subsection are funds t are d5om9at$ 9   
,unit$ ,/ates doll>s4  7#c7 ,susp5sion  
,! ,presid5t may susp5d ! application ( 
p>agraph 7#a7 ) respect to a =eign      
f9ancial in/itution or ! application (  
p>agraph 7#b7 ) respect to a =eign      
regi/]$ brok] or deal] 9 securities = a 
p]iod n to exce$ #fj days1 & ! ,presid5t
 may r5ew ! susp5sion ( ! application ( 
p>agraph 7#a7 or p>agraph 7#b71         
respectively1 = additional p]iods ( n m 
?an #fj days1 on & aft] ! date on :i* ! 
,presid5t c]tifies to ! appropriate     
congressional committees t dur+ ! prec$+
 #fj-;day p]iod ! ,gov]nm5t ( ,iran is 9
 compliance ) ! crit]ia describ$ 9      

section #dja7;a77#a7 ( ! ,compreh5sive  
,iran ,sanctions1 ,acc\ntability1 &     
,dive/m5t ,act ( #bjaj 7#bb ,u4,s4,c4   
#heea7;a77#a774  7c7 ,lic5s+ re/rictions
  7#a7 ,9 g5]al ,except z provid$ 9     
p>agraph 7#b71 ! ,presid5t may n issue  
any lic5se "u ! ,int]national ,em]g5cy  
,economic ,p[]s ,act 7#ej ,u4,s4,c4     
#agja et seq47 or provide o!r guidance1 
includ+ executive actions1 rules1       
regulations1 frequ5tly ask$ que/ions1   
writt5 communications1 or any o!r       
commitm5ts1 t p]mits-- 7,a7 a ,unit$    
,/ates depository in/itution or ,unit$  
,/ates regi/]$ brok] or deal] 9         
securities--  7i7 to conduct an (f%ore  
,unit$ ,/ates doll> cle>+ sy/em =       
transactions involv+ or = ! b5efit ( !  
,gov]nm5t ( ,iran or an ,iranian p]son1 
includ+ to process transf]s ( funds to  
or f ,iran "u section #efj4eaf ( title  
#ca1 ,code ( ,f$]al ,regulations1 z 9   
effect on ,janu>y #a1 #bjaf2 or  7ii7 to
 provide ,unit$ ,/ates doll>s = any     
(f%ore ,unit$ ,/ates doll> cle>+ sy/em  

conduct$ or ov]se5 by a =eign gov]nm5t  
or a =eign f9ancial in/itution =        
transactions involv+ or = ! b5efit ( !  
,gov]nm5t ( ,iran or an ,iranian p]son1 
includ+ to process transf]s ( funds to  
or f ,iran "u section #efj4eaf ( title  
#ca1 ,code ( ,f$]al ,regulations1 z 9   
effect on ,janu>y #a1 #bjaf2 or  7,b7 a 
=eign f9ancial in/itution or =eign      
regi/]$ brok] or deal] 9 securities--   
7i7 to conduct an (f%ore ,unit$ ,/ates  
doll> cle>+ sy/em = transactions involv+
 or = ! b5efit ( ! ,gov]nm5t ( ,iran or 
an ,iranian p]son1 includ+ to process   
transf]s ( funds to or f ,iran "u       
section #efj4eaf ( title #ca1 ,code (   
,f$]al ,regulations1 z 9 effect on      
,janu>y #a1 #bjaf1 & z appli$ "u        
subsection 7b72 or  7ii7 to provide     
,unit$ ,/ates doll>s = any (f%ore ,unit$
 ,/ates doll> cle>+ sy/em conduct$ or   
ov]se5 by a =eign gov]nm5t or a =eign   
f9ancial in/itution = transactions      
involv+ or = ! b5efit ( ! ,gov]nm5t (   
,iran or an ,iranian p]son1 includ+ to  

process transf]s ( funds to or f ,iran  
"u section #efj4eaf ( title #ca1 ,code (
 ,f$]al ,regulations1 z 9 effect on     
,janu>y #a1 #bjaf1 & z appli$ "u        
subsection 7b74  7#b7 ,exception =      
humanit>ian purposes ,! ,presid5t may1  
on a case-by-case basis1 issue a lic5se 
describ$ 9 p>agraph 7#a7 to au?orize !  
activities describ$ 9 clause 7i7 or 7ii7
 ( p>agraph 7#a77;,a7 or ! activities   
describ$ 9 clause 7i7 or 7ii7 ( p>agraph
 7#a77;,b7 if--  7,a7 su* activities    
relate solely to-- 7i7 ! provision (    
agricultural commodities1 food1 m$ic9e1 
or m$ical devices to ,iran2 or  7ii7 !  
provision ( humanit>ian assi/ance to ! p
 ( ,iran2 &  7,b7 ! ,presid5t submits to
 ! appropriate congressional committees 
a copy ( ! lic5se4  7d7 ,def9itions ,9  
?is section3 7#a7 ,appropriate          
congressional committees ,! t]m         
appropriate congressional committees    
means--  7,a7 ! ,committee on ,=eign    
,affairs & ! ,committee on ,f9ancial    
,s]vices ( ! ,h\se ( ,repres5tatives2 & 

7,b7 ! ,committee on ,=eign ,relations &
 ! ,committee on ,bank+1 ,h\s+1 & ,urban
 ,affairs ( ! ,s5ate4  7#b7 ,=eign      
f9ancial in/itution ,! t]m =eign        
f9ancial in/itution has ! mean+ giv5 su*
 t]m 9 section #ajaj4fje ( title #ca1   
,code ( ,f$]al ,regulations1 z 9 effect 
on ,janu>y #a1 #bjaf4  7#c7 ,iran ,! t]m
 ,iran has ! mean+ giv5 ! t]m 9 section 
#efa4cbi ( title #ca1 ,code ( ,f$]al    
,regulations1 z 9 effect on ,janu>y #a1 
#bjaf4  7#d7 ,iranian p]son ,! t]m      
,iranian p]son means a p]son or entity  
7z su* t]ms are def9$ 9 section #efj4cje
 ( title #ca1 ,code ( ,f$]al            
,regulations1 z 9 effect on ,janu>y #a1 
#bjaf7 t-- 7,a7 is organiz$ "u ! laws ( 
,iran or any jurisdiction )9 ,iran      
7includ+ =eign bran*es72 or  7,b7 is a  
p]son 9 ,iran4  7#e7 ,transf] ( funds ,!
 t]m transf] ( funds--  7,a7 has ! mean+
 giv5 ! t]m funds transf] 9 section     
#ajaj4ajj ( title #ca1 ,code ( ,f$]al   
,regulations1 z 9 effect on ,janu>y #a1 
#bjaf2 &  7,b7 includes a transf] (     

funds or o!r prop]ty = ! b5efit ( an    
,iranian f9ancial in/itution t is made  
betwe5 acc\nts ( ! same f9ancial        
in/itution ev5 if t ,iranian f9ancial   
in/itution is n ! direct recipi5t ( !   
transf]4  7#f7 ,unit$ ,/ates depository 
in/itution ,! t]m ,unit$ ,/ates         
depository in/itution has ! mean+ giv5  
su* t]m 9 section #efj4cai ( title #ca1 
,code ( ,f$]al ,regulations1 z 9 effect 
on ,janu>y #a1 #bjaf4  7#g7 ,unit$      
,/ates regi/]$ brok] or deal] 9         
securities ,! t]m ,unit$ ,/ates regi/]$ 
brok] or deal]s 9 securities has ! mean+
 giv5 su* t]m 9 section #efj4cba ( title
 #ca1 ,code ( ,f$]al ,regulations1 z 9  
effect on ,janu>y #a1 #bjaf4  #d4       
,c]tification requirem5t = removal (    
designation ( ,iran z a jurisdiction (  
prim>y money laund]+ conc]n  7a7 ,9     
g5]al ,! ,presid5t may n resc9d a       
prelim9>y draft rule or f9al rule 7z 9  
effect on ! day be=e ! date ( ! enactm5t
 ( ?is ,act7 t provides = ! designation 
( ,iran z a jurisdiction ( prim>y money 

laund]+ conc]n pursuant to section      
#ecah;,a ( title #ca1 ,unit$ ,/ates     
,code1 unless ! ,presid5t submits to !  
appropriate congressional committees a  
c]tification describ$ 9 subsection 7b7 )
 respect to ,iran4  7b7 ,c]tification ,!
 ,presid5t may resc9d a prelim9>y draft 
rule or f9al rule describ$ 9 subsection 
7a7 if ! ,presid5t submits to !         
appropriate congressional committees a  
c]tification t ! ,gov]nm5t ( ,iran is no
 long] engag$ 9 support = t]rorism1     
pursuit ( weapons ( mass de/ruction1 &  
any illicit & deceptive f9ancial        
activities4  7c7 ,=m ,! c]tification    
describ$ 9 subsection 7b7 %all be       
submitt$ 9 unclassifi$ =m1 b may conta9 
a classifi$ annex4  7d7 ,def9ition ,9   
?is section1 ! t]m appropriate          
congressional committees means--  7#a7 !
 ,committee on ,=eign ,affairs & !      
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives2 &  7#b7 !      
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs ( ! ,s5ate4  ,pass$ ! ,h\se (  

,repres5tatives ,july #ad1 #bjaf4;,cl]k4