OFACSanctions / OFACSeptember 30, 2026

OFAC Amends Iran Sanctions Regulations — Final Rule Now in Effect

OFAC has issued a final rule amending the Iranian Transactions and Sanctions Regulations (ITSR) to implement provisions of a January 2020 Iran-related Executive Order, revise an existing definition, modify an existing exemption, and incorporate two new exemptions. These changes alter the precise contours of what is prohibited and what may be permissible under Iran sanctions, which is critical for any firm processing payments or digital asset transactions that could involve Iranian nexus. All compliance programs covering Iran must be updated to reflect the amended rules.

What to do

Review the final amended ITSR text in full, update your Iran sanctions policies and procedures to incorporate the revised definition and exemptions, and brief compliance and legal staff on the changes before the rule takes effect.

Who this affects

Crypto ExchangeMoney Services BusinessPayments CompanyBank / Credit UnionCrypto CustodianFintech / NeobankBroker-Dealer / RIA

Does this affect your program?

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Source

Read the official publication

This radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.

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