On March 20, 2012, the Department of the Treasury's Office of Foreign Assets Control ("OFAC") issued Interpretive Guidance regarding the scope of the personal communications general license in section 560.540 of the Iranian Transactions Regulations, 31 C.F.R. part 560 (the "ITR"), which authorizes the exportation of certain services and software incident to the exchange of personal communications over the Internet. In addition, OFAC is clarifying its existing Statement of Licensing Policy ("SLP") that establishes a favorable licensing policy through which U.S. persons can request OFAC approval to export to Iran certain services and software not covered by section 560.540 of the ITR that directly benefit the Iranian people. This SLP applies to services and software such as web hosting, online advertising, fee-based mobile apps, and fee-based Internet communication services.
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