On May 23, 2011, President Obama signed Executive Order (“E.O.”) 13574, “Authorizing the Implementation of Certain Sanctions Set Forth in the Iran Sanctions Act of 1996, as Amended.” E.O. 13574 states that the Secretary of the Treasury, pursuant to authority under the International Emergency Economic Powers Act (“IEEPA”), shall implement certain sanctions that the Secretary of State imposes and selects under the pre-existing authority of the Iran Sanctions Act of 1996 (“ISA”) as amended by the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (“CISADA”). See: https://www.treasury.gov/resource-center/sanctions/Programs/Pages/iran.aspx#part561

« Back to Glossary Index