About

TREASURY DIRECTIVE 15-61

DATE: September 21, 1993
 
ADMINISTRATIVE EDIT:  June 3, 2015
 
SUBJECT:  Prohibitions on Transactions with Iran
 
1. DELEGATION. By virtue of the authority vested in the Secretary of the Treasury by 31 U.S.C. §321 (b), Executive Orders (E.O.) 12205 and 12211, and pursuant to the authority delegated to the Assistant Secretary (Enforcement) by Treasury Order (TO) 101-05,[1] the Director, Office of Foreign Assets Control, is hereby delegated all powers and authorities previously delegated to the Secretary of the Treasury by E.O. 12205 of April 7, 1980, and E.O. 12211 of April 17, 1980.
 
2. CANCELLATION. Treasury Directive 15-61, "Prohibitions on Transactions With Iran," dated September 29, 1986, is superseded.
 
3. AUTHORITIES.
 
a. TO 101-05, "Reporting Relationships and Supervision of Officials, Offices and Bureaus, Delegation of Certain Authority, and Order of Succession in the Department of the Treasury."
 
b. E.O. 12205, "Prohibiting Certain Transactions With Iran," dated April 7, 1980 (45 CFR 24099, 3 CFR, 1980 Comp., p. 248)
 
c. E.O. 12211, "Further Prohibitions on Transactions With Iran," dated April 17, 1980 (45 CFR 26685,3 CFR, 1980 Comp., p. 253)
 
4. OFFICE OF PRIMARY INTEREST. Office of the Assistant Secretary (Enforcement).[2]
 
/S/
Ronald K. Noble
Assistant Secretary (Enforcement)


[1] Subsequent to the issuance of this Directive, Treasury Order 105-17 of April 28, 2004, delegated to the Under Secretary of Enforcement all authorities, powers, and responsibilities over enforcement matters that were delegated by the Assistant Secretary (Enforcement) in this Directive and that had not been subsequently transferred to the Department of Homeland Security, the Department of Justice, or the Assistant Secretary (Tax Policy).  Those authorities, powers, and responsibilities were further transferred to the Undersecretary for Terrorism and Financial Crimes (currently referred to as the Under Secretary of Terrorism and Financial Intelligence) upon the creation of that position and the Office of Terrorism and Financial Intelligence by Section 222 of Public Law 108-447 (December 8, 2004) (codified at 31 U.S.C. 312(a)).  Neither of these transfers of responsibilities nullified this Directive’s delegation of authority to the Director, Office of Foreign Assets Control.
[2] Pursuant to Treasury Order 105-17 of April 28, 2004, and Section 222 of Public Law 108-447 (December 8, 2004) (codified at 31 U.S.C. 312(a), the Office of Terrorism and Financial Intelligence is the successor office to the Office of the Assistant Secretary (Enforcement).
 
Last Updated: 7/1/2015 3:31 PM