Sec. 302. Reports on offshore United States dollar clearing for transactions involving the Government of Iran or Iranian persons
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Not later than 60 days after the date of the enactment of this Act, and every 90 days thereafter, the Secretary of the Treasury shall submit to the appropriate congressional committees and publish in the Federal Register a report that contains— a list of any financial institutions that the Secretary has identified as— operating an offshore United States dollar clearing system that conducts transactions involving the Government of Iran or an Iranian person; or participating in a transaction described in subparagraph
(A)through a system described in that clause; and a detailed assessment of the status of efforts by the Secretary to prevent the conduct of transactions described in paragraph (1)(A) through systems described in that subparagraph. Each report required by subsection
(a)shall be submitted in unclassified form but may include a classified annex.