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TREASURY DIRECTIVE 15-62

DATE:  April 7, 1993
 
ADMINISTRATIVE EDIT:  June 3, 2015
 
SUBJECT: Authority of the Office of Foreign Assets Control
 
1. DELEGATION. By virtue of the authority vested in the Secretary of the Treasury, including the authority vested by 31 U.S.C. 321(b), and pursuant to the authority delegated to the Assistant Secretary (Enforcement) by Treasury Order 105-03[1], the Director, Office of Foreign Assets Control, is hereby delegated all powers and authorities delegated to the Secretary of the Treasury by Executive Orders relating to the resolution of claims of United States nationals against Iran and the beginning of the process of normalization of relations between the United States and Iran.
 
2. CANCELLATION. Treasury Directive 15-62, "Authority of the Office of Foreign Assets Control," dated September 29, 1986, is superseded.
 
3. OFFICE OF PRIMARY INTEREST. Office of the Assistant Secretary (Enforcement)[2].
 
/S/
John P. Simpson
Acting 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: 6/30/2015 11:43 AM

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