Treasury Unlocks Iran Dealings with New General License Permission Slip
Published Date: 10/1/2025
Rule
Summary
The Treasury’s OFAC just made a special permission slip official for certain Iran-related activities, letting some folks do business that was once off-limits. This change affects people and companies dealing with Iran, giving them clearer rules and more time to follow them. It’s a big deal for anyone handling money or trade with Iran, making things smoother and more predictable.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
OFAC Publishes Iran General License GL R
If you or your business deal with Iran, the Treasury’s Office of Foreign Assets Control (OFAC) has formally published a general license called "GL R" in the Iranian sanctions program. GL R was previously posted on OFAC’s website when issued, and this Federal Register publication makes that license an official, published permission for certain Iran-related activities.
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