OFACSanctions / OFACSeptember 30, 2026

OFAC Publishes Expired Iran General Licenses GL X and GL X1 for Official Record

OFAC has formally published two Iran-related general licenses, GL X and GL X1, noting that GL X was revoked and superseded by GL X1, which has since expired. While these licenses are no longer operative, their formal publication clarifies the historical authorization landscape and may be relevant to any pending enforcement reviews or past transaction reviews involving Iran. Compliance officers should confirm no current activity is being inadvertently justified by reference to these expired or revoked licenses.

What to do

Verify that no current transaction authorizations or compliance procedures reference GL X or GL X1 as active permissions, and document that your Iran sanctions controls rely only on currently valid OFAC authorizations.

Who this affects

Bank / Credit UnionPayments CompanyMoney Services BusinessCrypto ExchangeFintech / Neobank

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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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