Farhad Alavi Discusses OFAC Sanctions and Regulations on BBC Persian

I appeared on BBC Persian’s Jome Bazaar television program on Friday,February 25, where in a one-on-one interview with Bahman Kalbasi I discussed the impact of U.S. sanctions (specifically OFAC regulations, including those of the Iranian Transactions Regulations or “ITR”) on the Iranian-American community.

Courtesy BBC Persian

The discussion focused on money transfer and the engagement of services and entering into commercial dealings in Iran, where I emphatically stated that most transactions related to Iran require authorization from OFAC generally in the form of a license.

Watch the link here (forward to roughly 15:40).

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