Title 22, Foreign Relations and IntercourseRelease 119-110

§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

Last updated Sep 22, 2026|Official source

Summary

Within 30 to 60 days after the Secretary of State submits the report required by section 8563(a) to the appropriate congressional committees, the Secretary of the Treasury, in consultation with the Secretary of State, must tell those committees which foreign financial institutions knowingly did a significant transaction with any person named in that report on or after the listing date. The Treasury Secretary may then block those institutions from opening, or block or place strict conditions on their maintaining, correspondent or payable-through accounts in the United States.

Full Legal Text

Title 22, §8564

Foreign Relations and Intercourse, Source: USLM XML via OLRC

(a)Report required

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)Imposition of sanctions

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

Sep 22, 2026

Release point: 119-110