Title 22 — Foreign Relations and IntercourseRelease 119-73not60
§8564 Report and Imposition of Sanctions with Respect to Foreign Financial Institutions Conducting Significant Transactions with Persons Responsible for or Complicit in Abuses Toward Dissidents on Behalf of the Government of Iran
Title 22 › Chapter 92— COMPREHENSIVE IRAN SANCTIONS, ACCOUNTABILITY, AND DIVESTMENT › Subchapter V— MASIH ALINEJAD HARASSMENT AND UNLAWFUL TARGETING › § 8564
Summary
Within 30 to 60 days after the State Department sends its report, the Treasury must tell the relevant congressional committees which foreign banks knowingly did a significant transaction with any person named in that State report on or after the date they were named. The Treasury can bar or limit those banks' U.S. correspondent or payable-through accounts.
Full Legal Text
Title 22, §8564
Foreign Relations and Intercourse — Source: USLM XML via OLRC
(a)Not earlier than 30 days and not later than 60 days after the Secretary of State submits to the appropriate congressional committees a report required by section 8563(a) of this title, the Secretary of the Treasury, in consultation with the Secretary of State, shall submit to the appropriate congressional committees a report that identifies any foreign financial institution that knowingly conducts a significant transaction with a foreign person identified in the report submitted under section 8563(a) of this title on or after the date on which the foreign person is identified in that report.
(b)The Secretary of the Treasury may prohibit the opening, or prohibit or impose strict conditions on the maintaining, in the United States of a correspondent account or a payable-through account by a foreign financial institution identified under subsection (a).
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Codification Section was enacted as part of the Masih Alinejad Harassment and Unlawful Targeting Act of 2022, also known as the Masih Alinejad HUNT Act of 2022, and not as part of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 which comprises this chapter.
Reference
Citations & Metadata
Citation
22 U.S.C. § 8564
Title 22 — Foreign Relations and Intercourse
Last Updated
Apr 5, 2026
Release point: 119-73not60