Iran Sanctions - Foreign Press Centers

and significant shareholders if SWIFT continues to process transactions with
Iranian banks.
• Expands the existing menu of ISA sanctions to principle corporate officers of a
sanctioned firm, including making those officers ineligible for U.S. visas; or
applying any other ISA sanction to those officers.
• Extending ISA sanctions to persons who participate in energy related joint
ventures with Iran.
• Codifying Executive Order 13590 that sanctions providers of energy and
petrochemical equipment to Iran, discussed above.
• Making U.S. parent companies liable if their foreign subsidiaries trade with Iran.
• Excluding from the United States Iranian students who study issues related to
Iran’s energy sector or nuclear program.
• Subjecting to ISA sanctions foreign persons who engage in transactions with the
IRGC, its agents, or affiliates.
• Strengthening U.S. sanctions against Syria.
Other Proposals in the 112 th Congress
Iran Sanctions
Another apparent trend in the 112 th Congress, based on introduced legislation, is to expand the
sanctioning of Iranians named as human rights abusers. This builds on the human rights
provisions of CISADA and the earlier Iran Freedom Support Act. In particular, the Iran Human
Rights and Democracy Promotion Act of 2011 (S. 879 and H.R. 1714) would make mandatory
investigations of Iranian human rights abusers; sanction the sale to Iran of equipment that could
be used to suppress demonstrations; reauthorize the Iran Freedom Support Act (see below); and
create a “Special Representative” position at the Department of State to focus on highlighting
Iran’s human rights abuses and coordinate U.S. and international responses. As noted, portions of
H.R. 1905 and S. 1048, which mainly focus on economic sanctions, also contain measures to
further penalize Iranian human rights abusers or otherwise promote Internet freedom and
democracy in Iran.
Among other economic sanctions-related measures introduced in the 112 th Congress include S.
366 and H.R. 740. These bills would require firms to declare in their required filings with the
Securities and Exchange Commission whether that firm had undertaken activity that could violate
ISA, CISADA, or executive orders (13224 or 13382) and regulations that bar dealings with
designated Iranian entities.
Another bill, H.R. 4179 would amend CISADA significantly. As discussed above, CISADA
sanctions foreign banks that deal with sanctioned Iranian banks. H.R. 4179 would sanction
foreign banks that deal with any Iranian bank, sanctioned or not.
Possible Additional Multilateral Sanctions
Although there do not appear to be active discussions among the P5+1 on specific new United
Nations actions to pressure Iran, there are a number of other possible sanctions that might receive
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