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Expert Analysis

Examining OFAC Guidance On NDAA Iran Sanctions

Law360, New York ( March 5, 2012, 1:41 PM EST) -- On Feb. 14, 2012, the U. S. Treasury Department's Office of Foreign Assets Control released guidance, in the form of frequently asked questions, relating to Section 1245 of the National Defense Authorization Act of 2012. Section 1245 of the NDAA enacts additional sanctions intended to isolate Iran further from the global economy. [1] The act:. . .

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