Division 5 ‘ National Defense Authorization Act for Fiscal Year 2012 ’F1

Required compliance:

• Not to knowingly conduct or facilitate any significant financial transaction with the Central Bank of Iran or another designated Iranian financial institution (applies to foreign financial institutions).

• Exceptions for food and medicine-related transactions and for petroleum-related transactions under specific circumstances.

Possible damages to F2United Kingdom interests:

Civil and criminal penalties; prohibitions and limitations to the opening and maintenance of correspondent accounts in the USA.