OFAC strengthens Iranian embargo by revoking authorization of 'U-turn' transactions.
Mondaq Business Briefing › Nbr. 2008, March 2008
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Office of Foreign Assets Control
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OFAC strengthens Iranian embargo by revoking authorization of 'U-turn' transactions.
On November 10, 2008, the Office of Foreign Assets Control ("OFAC") of the U.S. Treasury Department amended the Iranian Transactions Regulations, 31 C.F.R. Part 560 (the "ITR") to streng...
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