22 U.S.C. § 8513b — Expansion of, and reports on, mandatory

Page 2084 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 8513b tion] shall apply with respect to financial transactions conducted or facilitated on or after the date that is 180 days after the date of the enactment of this Act [Aug. 10, 2012].’’ Executive Documents DELEGATION OF FUNCTIONS Ex. Ord. No. 13599, Feb. 5, 2012, 77 F.R. 6659, which is listed in a table under section 1701 of Title 50, War and National Defense, provided in section 10 that the Sec- retary of the Treasury, in consultation with the Sec- retary of State, is authorized to exercise the functions and authorities conferred upon the President by sub- secs. (d)(1)(A) and (g)(1) of this section and to redele- gate such functions and authorities consistent with ap- plicable law; and provided in section 11 that the Sec- retary of State, in consultation with the Secretary of the Treasury, the Secretary of Energy, and the Direc- tor of National Intelligence, is authorized to exercise the functions and authorities conferred upon the Presi- dent by subsec. (d)(4)(D) of this section and that the Secretary of State, in consultation with the Secretary of the Treasury, is authorized to exercise the functions and authorities conferred upon the President by sub- secs. (e)(1), (2) and (g)(1) of this section and to redele- gate all such functions and authorities consistent with applicable law. Memorandum of President of the United States, Jan. 20, 2014, 79 F.R.6453, provided: Memorandum for the Secretary of State By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 301 of title 3 of the United States Code, I hereby delegate to the Secretary of State, in consultation with the Secretary of the Treas- ury, the authority conferred upon the President by sec- tion 1245(d)(5) of the Fiscal Year (FY) 2012 National De- fense Authorization Act (NDAA). Any reference in this memorandum to provisions of the FY 2012 NDAA related to the subject of this memo- randum shall be deemed to include references to any hereafter enacted provisions of law that is the same or substantially the same as such provisions. You are authorized and directed to publish this memorandum in the Federal Register. BARACK OBAMA. PRESIDENTIAL DETERMINATIONS RELATING TO PETROLEUM OR PETROLEUM PRODUCTS FROM IRAN The following Presidential Determinations related to the existence of sufficient supplies of petroleum and pe- troleum products from countries other than Iran pursu- ant to subsec. (d)(4)(B) and (C) of this section: Determination of President of the United States, No. 2025–01, Nov. 7, 2024, 89 F.R. 92025. Determination of President of the United States, No. 2024–04, May 8, 2024, 89 F.R. 46015. Determination of President of the United States, No. 2024–01, Nov. 11, 2023, 88 F.R. 82775. Determination of President of the United States, No. 2023–08, May 11, 2023, 88 F.R. 32619. Determination of President of the United States, No. 2023–03, Jan. 30, 2023, 88 F.R. 8347. Determination of President of the United States, No. 2022–12, May 12, 2022, 87 F.R. 30383. Determination of President of the United States, No. 2022–04, Nov. 12, 2021, 86 F.R. 64795. Determination of President of the United States, No. 2021–07, May 19, 2021, 86 F.R. 28235. Determination of President of the United States, No. 2021–03, Jan. 14, 2021, 86 F.R. 7789. Determination of President of the United States, No. 2020–06, June 5, 2020, 85 F.R. 36995. Determination of President of the United States, No. 2020–03, Oct. 25, 2019, 84 F.R. 59917. Determination of President of the United States, No. 2019–12, Apr. 29, 2019, 84 F.R. 22327. Determination of President of the United States, No. 2019–04, Oct. 31, 2018, 83 F.R. 57673. Determination of President of the United States, No. 2018–08, May 14, 2018, 83 F.R. 26345. Determination of President of the United States, No. 2018–1 [2018–01], Nov. 15, 2017, 82 F.R. 59503. Determination of President of the United States, No. 2017–06, May 17, 2017, 82 F.R. 28391. Determination of President of the United States, No. 2017–01, Nov. 14, 2016, 81 F.R. 85833. Determination of President of the United States, No. 2016–06, May 19, 2016, 81 F.R. 37481. Determination of President of the United States, No. 2016–03, Nov. 18, 2015, 80 F.R. 75921. Determination of President of the United States, No. 2015–06, May 19, 2015, 80 F.R. 32851. Determination of President of the United States, No. 2015–02, Nov. 21, 2014, 79 F.R. 71619. Determination of President of the United States, No. 2014–11, June 4, 2014, 79 F.R. 33841. Determination of President of the United States, No. 2014–03, Nov. 29, 2013, 78 F.R. 76717. Determination of President of the United States, No. 2013–10, June 5, 2013, 78 F.R. 35537. Determination of President of the United States, No. 2013–03, Dec. 7, 2012, 77 F.R. 76213. Determination of President of the United States, No. 2012–09, June 11, 2012, 77 F.R. 36387. Determination of President of the United States, No. 2012–05, Mar. 30, 2012, 77 F.R. 21387. § 8513b. Expansion of, and reports on, mandatory sanctions with respect to financial institu- tions that engage in certain activities (a) In general Not later than 90 days after August 10, 2012, the Secretary of the Treasury shall revise the regulations prescribed under section 8513(c)(1) of this title to apply to a foreign financial institu- tion described in subsection (b) to the same ex- tent and in the same manner as those regula- tions apply to a foreign financial institution that the Secretary of the Treasury finds know- ingly engages in an activity described in section 8513(c)(2) of this title. (b) Foreign financial institutions described A foreign financial institution described in this subsection is a foreign financial institution, including an Iranian financial institution, that the Secretary of the Treasury finds— (1) knowingly facilitates, or participates or assists in, an activity described in section 8513(c)(2) of this title, including by acting on behalf of, at the direction of, or as an inter- mediary for, or otherwise assisting, another person with respect to the activity; (2) attempts or conspires to facilitate or par- ticipate in such an activity; or (3) is owned or controlled by a foreign finan- cial institution that the Secretary finds know- ingly engages in such an activity. (c) Reports required (1) In general Not later than 180 days after August 10, 2012, and every 180 days thereafter, the Secretary of the Treasury shall submit to the appropriate congressional committees a report that con- tains a detailed description of— (A) the effect of the regulations prescribed under section 8513(c)(1) of this title on the fi- nancial system and economy of Iran and capital flows to and from Iran; and (B) the ways in which funds move into and out of financial institutions described in sec- Page 2085 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 8514 tion 8513(c)(2)(E)(ii) of this title, with spe- cific attention to the use of other Iranian fi- nancial institutions and other foreign finan- cial institutions to receive and transfer funds for financial institutions described in that section. (2) Form of report Each report submitted under paragraph (1) shall be submitted in unclassified form but may contain a classified annex. (d) Definitions In this section: (1) Financial institution The term ‘‘financial institution’’ means a fi- nancial institution specified in subparagraph (A), (B), (C), (D), (E), (F), (G), (H), (I), (J), (K), (M), (N), (R), or (Z) of section 5312(a)(2) of title 31. (2) Foreign financial institution The term ‘‘foreign financial institution’’ has the meaning of that term as determined by the Secretary of the Treasury pursuant to sec- tion 8513(i) of this title. (3) Iranian financial institution The term ‘‘Iranian financial institution’’ means— (A) a financial institution organized under the laws of Iran or any jurisdiction within Iran, including a foreign branch of such an institution; (B) a financial institution located in Iran; (C) a financial institution, wherever lo- cated, owned or controlled by the Govern- ment of Iran; and (D) a financial institution, wherever lo- cated, owned or controlled by a financial in- stitution described in subparagraph (A), (B), or (C). (Pub. L. 111–195, title I, § 104A, as added Pub. L. 112–158, title II, § 216(a), Aug. 10, 2012, 126 Stat. 1232; amended Pub. L. 116–283, div. F, title LXI, § 6110(e)(1)(B), Jan. 1, 2021, 134 Stat. 4563.) Editorial Notes AMENDMENTS 2021—Subsec. (d)(1). Pub. L. 116–283 substituted ‘‘(Z)’’ for ‘‘(Y)’’. § 8514. Imposition of sanctions on certain per- sons who are responsible for or complicit in human rights abuses committed against citi- zens of Iran or their family members after the June 12, 2009, elections in Iran (a) In general The President shall impose sanctions de- scribed in subsection (c) with respect to each person on the list required by subsection (b). (b) List of persons who are responsible for or complicit in certain human rights abuses (1) In general Not later than 90 days after July 1, 2010, the President shall submit to the appropriate con- gressional committees a list of persons who are officials of the Government of Iran or per- sons acting on behalf of that Government (in- cluding members of paramilitary organiza- tions such as Ansar-e-Hezbollah and Basij-e Mostaz’afin), that the President determines, based on credible evidence, are responsible for or complicit in, or responsible for ordering, controlling, or otherwise directing, the com- mission of serious human rights abuses against citizens of Iran or their family mem- bers on or after June 12, 2009, regardless of whether such abuses occurred in Iran. (2) Updates of list The President shall submit to the appro- priate congressional committees an updated list under paragraph (1)— (A) not later than 270 days after July 1, 2010, and every 180 days thereafter; and (B) as new information becomes available. (3) Form of report; public availability (A) Form The list required by paragraph (1) shall be submitted in unclassified form but may con- tain a classified annex. (B) Public availability The unclassified portion of the list re- quired by paragraph (1) shall be made avail- able to the public and posted on the websites of the Department of the Treasury and the Department of State. (4) Consideration of data from other countries and nongovernmental organizations In preparing the list required by paragraph (1), the President shall consider credible data already obtained by other countries and non- governmental organizations, including organi- zations in Iran, that monitor the human rights abuses of the Government of Iran. (c) Sanctions described The sanctions described in this subsection are ineligibility for a visa to enter the United States and sanctions pursuant to the Inter- national Emergency Economic Powers Act (50 U.S.C. 1701 et seq.), including blocking of prop- erty and restrictions or prohibitions on finan- cial transactions and the exportation and impor- tation of property, subject to such regulations as the President may prescribe, including regu- latory exceptions to permit the United States to comply with the Agreement between the United Nations and the United States of America re- garding the Headquarters of the United Nations, signed June 26, 1947, and entered into force No- vember 21, 1947, and other applicable inter- national obligations. (d) Termination of sanctions The provisions of this section shall terminate on the date on which the President determines and certifies to the appropriate congressional committees that the Government of Iran has— (1) unconditionally released all political prisoners, including the citizens of Iran de- tained in the aftermath of the June 12, 2009, presidential election in Iran; (2) ceased its practices of violence, unlawful detention, torture, and abuse of citizens of Iran while engaging in peaceful political activ- ity; (3) conducted a transparent investigation into the killings, arrests, and abuse of peace-