OFAC Indefinitely Stays Iran-Related General Licenses
All transactions previously covered by 31 CFR 560.522, 560.528, 560.529 and General License J-1 are prohibited starting Sep 8 2026.
The Office of Foreign Assets Control issued a final rule that indefinitely suspends three general licenses and one licensing policy under the Iranian Transactions and Sanctions Regulations. The stay takes effect on September 8, 2026.
Sections 560.522, 560.528, and 560.529 of 31 CFR part 560 are stayed indefinitely. Those sections previously authorized certain payments for overflights of Iranian airspace, the issuance of specific licenses for aircraft-safety-related transactions, and bunkering and emergency-repair activities.
In addition, Iran General License J-1, published on December 15, 2016, is suspended indefinitely. J-1 authorized the reexportation of certain civil aircraft to Iran on temporary sojourn and related transactions.
Because the regulations involve a foreign-affairs function, the rule is not subject to notice-and-comment requirements under the Administrative Procedure Act, nor to the Regulatory Flexibility Act. Willful violations may be subject to criminal penalties under 50 U.S.C. 1705, which requires a mens rea of willfulness.
For further information, contact the OFAC Assistant Director for Regulatory Affairs at 202-622-4855 or via https://ofac.treasury.gov/contact-ofac.
Further reading