Fwd: OFAC Clarifies that Iranian Americans May Continue Flying on Iran Air

---------- Forwarded message ----------
From: PAAIA <info@paaia.org>
Date: Fri, Jul 1, 2011 at 11:40 PM
Subject: OFAC Clarifies that Iranian Americans May Continue Flying on Iran Air
To: palashbiswaskl@gmail.com

OFAC Clarifies that Iranian Americans May Continue Flying on Iran Air BY  ASIAN LAW CAUCUS July 1, 2011, San Francisco, CA - On June 23, 2011, the Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury announced that it has added Iran Air to its "Specially Designated Nationals and Blocked Persons List" (SDN List).  The inclusion on the SDN list generally means that U.S. individuals – United States citizens and permanent residents and anyone who is "physically" in the United States – may not engage in financial and commercial dealings with Iran Air without first obtaining a specific license from OFAC.  In the past week, Asian Law Caucus (ALC) has worked closely with the Public Affairs Alliance of Iranian Americans (PAAIA) and the National Iranian American Council (NIAC) who requested and received responses from OFAC officials indicating that U.S. individuals may continue flying on Iran Air based on an underlying travel exemption.  Full Article » Legal Analysis: U.S. Sanctions Relating to Iran Air BY FARHAD ALAVI & BABAK HOGHOOGHI July 1, 2011, Washington, D.C. - The designation on June 23 of Iran Air and its affiliates on the Specially Designated Nationals (SDN) List by the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) is baffling many in the Iranian American community, and naturally leading to legitimate questions.  This article provides basic answers and will hopefully address and allay some of the community's concerns. Under the U.S. sanctions regime against Iran (31 CFR Parts 560 and 544) "U.S. Persons" are, subject to certain limited exceptions, generally prohibited from dealings related to Iran, and particularly with entities on the SDN list.  Such prohibitions are rather broad and include restrictions on engaging in transactions or dealings in or related to goods and services by entities on the SDN list.  The Iranian Transactions Regulations (31 CFR 560) (ITR) defines "U.S. Persons" as U.S. citizens and permanent residents, wherever located, persons physically in the United States (such as students and tourists), and U.S. entities and their foreign branches. Full Article » Sign up to get the newsletter and other Member Benefits Thank Secretary of State Hillary Clinton for Changes to Iranian Student Visa Validity! Urge Congress to Support the DREAM Act! Help deserving students earn a path to legal residency. Take action today! Read PAAIA's Congressional Scorecard , and see how your member of Congress voted on important issues. Register to Vote. Be heard! USC Names Dr. Peyman Nojoumian its New Assistant Professor of Persian IAAB Creates Bridge to Iran for Camp Ayandeh Students Through Photography Beware: Fake U.N. Official Scamming Iranian Americans Louvre Museum gets $3 Million Gift from eBay Founder for Persian art Journalist detained in Syria released by Iran Prominent NSF CAREER Award Bestowed to ChEMS Assistant Professor From Starry-Eyed to Star Bratz Doll Maker MGA Wins Court Battle with Mattel Mostashari to Succeed Blumenthal as Health IT Chief Iranians on Madison Avenue

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