TREASURY ORDER: 105-03

REAFFIRMED: June 16, 2020

SUBJECT: Delegation of Authority to the Assistant Secretary (Enforcement and Operations)[1]

Pursuant to the authority vested in me as Secretary of the Treasury including Reorganization Act No. 26 of 1950, I hereby delegate, effective immediately, to the Assistant Secretary (Enforcement and Operations) all powers and authorities delegated to the Secretary of the Treasury by Executive Orders issued during January, 1981, relating to the release of U.S. diplomats and nationals being held as hostages in Iran, to the resolution of claims of United States nationals against Iran, and the beginning of the process of normalization of relations between the United States and Iran. This authority may be redelegated to the Director of the Office of Foreign Assets Control.

/S/
G. William Miller
Secretary of the Treasury

 

 

[1] Subsequent to the issuance of this Order, Treasury Order 105-17 of April 28, 2004, delegated to the Under Secretary of Enforcement all authorities, powers, and responsibilities over enforcement matters that were delegated to the Assistant Secretary (Enforcement and Operations) in this Order and that had not been subsequently transferred to the Department of Homeland Security, the Department of Justice, or the Assistant Secretary (Tax Policy).  Those authorities, powers, and responsibilities were further transferred to the Undersecretary for Terrorism and Financial Crimes (currently referred to as the Under Secretary of Terrorism and Financial Intelligence) upon the creation of that position and the Office of Terrorism and Financial Intelligence by Section 222 of Public Law 108-447 (December 8, 2004) (codified at 31 U.S.C. 312(a)).