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).

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s