# Iranian Transactions Regulations: Reporting on Foreign Affiliates' Oil-Related Transactions
> **OFAC** · Final rule; amendment. · Published 1997-04-23 · 62 FR 19670
## Document
- **Document number:** 97-10444
- **Category:** other
- **Sub-agency:** OFAC
- **Federal Register citation:** 62 FR 19670
- **CFR reference:** 31 CFR 560
- **Publication date:** 1997-04-23
## Abstract

The Treasury Department is amending the reporting requirement set forth in the Iranian Transactions Regulations on foreign affiliates' oil-related transactions. The amended rule requires a U.S. person to file a transaction report as to each foreign affiliate that engaged in reportable transactions of $1,000,000 or more during the calendar quarter. Reports are to be filed within 60 days of the end of the quarter.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1997/04/23/97-10444/iranian-transactions-regulations-reporting-on-foreign-affiliates-oil-related-transactions)
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