U.S. Treasury’s OFAC Issues General Licenses for Iran Transactions

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The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced the release of two Iran-related General Licenses (GLs), identified as GL CC and GL DD.

GL CC and GL DD were previously available on OFAC’s website when they were issued. These licenses allow certain transactions that are normally forbidden, to help wind down dealings connected to specific entities.

General License CC

GL CC was issued on September 4, 2026. It allows certain actions that are usually not allowed. This is for transactions involving specific blocked persons according to Executive Order 13902, dated January 10, 2020.

Transactions can continue until September 19, 2026, 12:01 a.m. eastern daylight time. Any payments to blocked persons must be placed into a blocked, interest-bearing account in the United States.

General License DD

GL DD was issued on September 8, 2026. This license permits the wind down of certain civil aviation-related and other transactions authorized under the Iranian Transactions and Sanctions Regulations, 31 CFR part 560 (ITSR).

Transactions are authorized through September 23, 2026, 12:01 a.m. eastern daylight time. Payments to blocked persons must also be into a blocked account in the U.S.

GL DD covers transactions previously allowed under:

  • Section 560.522 — Payments for overflights of Iranian airspace.
  • Section 560.529 — Bunkering and emergency repairs.
  • Iran General License J-1 — Related to aircraft to Iran.

Bradley T. Smith, Director of the Office of Foreign Assets Control, has signed and confirmed these general licenses.

For more information, visit https://ofac.treasury.gov.

This guide aids individuals and companies dealing with Iran to understand temporary allowances and requirements for specific transactions during the wind-down periods.


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