OFAC, also known as the Office Of Foreign Assets Control of the Department of Treasury, which is a government agency that is responsible for administering and then enforcing the various US economic sanctions programs against the groups of individuals and countries that are viewed as being a threat to the United States. The Iranian Transactions and Sanctions Regulations, or the main body of the US sanctions law in regards to Iran, 31 CFR Part 560, or the ITSR, which is formerly known as the ITR or Iranian Transactions Regulations.
With exception to transactions, or the transactions that are authorized by a certain license, in accordance with the OFAC laws, US persons (permanent legal residents, citizens, or all individuals in the US) may not bring in goods or services from Iran, nor are they able to engage in any kind of trade transactions with Iran. Furthermore, the indirect or direct exportation of any US origin goods, technology or services will also be strictly prohibited.
Los Angeles OFAC Lawyers – Compliance
The OFAC issues new, important revisions to the Iran sanctions program on October 22, 2012 stating all clarified regulations and authorizing certain activities that had been formerly prohibited by putting out a series of general licenses.
Shahin Motallebi – Iran Sanctions Attorney serving Los Angeles CA
The Law Offices of Shahin Motallebi helps clients across the nation to comply with these elements and address any issues regarding the sanctions programs that are put out by the OFAC. Even more specific, the practice focuses on helping Iranian-Americans and any legal permanent residents of the United States with their need for legal and transparent transfer of any assets into the United States from Iran and/or grabbing any of the licenses from OFAC that authorizes transactions that are otherwise prohibited.
The Law Offices of Shahin Motallebi is proud to have successfully defended clients who have been federally prosecuted for issues in relation to US trade sanctions, taken care of OFAC matters that come out of the FBI and even assisted countless clients across the United States for the transfer of assets from Iran into the United States.
Our firm works diligently protecting the assets and rights of our clients. Given the vast reach of the OFAC regulations that involve the sanctions against Iran, many Iranian-American community members have found themselves possibly in violation of the federal laws. Our law office makes it a number one priority to educate this community on the current state of such laws and to protect all clients against any criminal and/or civil prosecution.
OFAC & Iran Attorney serving Los Angeles, Beverly Hills, Studio City, North Hollywood, Santa Monica, West Hollywood, Culver City, Playa Del Rey, Venice, Pacific Palisades, Marina Del Rey, Sherman Oaks, Van Nuys, Encino, Universal City, Valley Village, Inglewood, Burbank, Tarzana, Toluca Lake, Panorama City, Pacoima, Topanga, El Segundo, North Hills, Reseda, Northridge, Glendale, Woodland Hills, Canoga Park, West Hills, and Winnetka areas.