Executive Order 13628 of October 9, 2012 – Authorizing the Implementation of Certain Sanctions Set Forth in the Iran Threat Reduction and Syria Human Rights Act of 2012 and Additional Sanctions With Respect to Iran

[Presidential Documents] : “… I, BARACK OBAMA, President of the United States of America, hereby order: Section 1. (a) When the President, or the Secretary of State or the Secretary of the Treasury pursuant to authority delegated by the President and in accordance with the terms of such delegation, has determined that sanctions shall be imposed on a person pursuant to ISA, CISADA, or ITRSHRA and has, in accordance with those authorities, selected one or more of the sanctions set forth in section 6 of ISA to impose on that person, the Secretary of the Treasury, in consultation with the Secretary of State, shall take the following actions with respect to the sanctions selected and maintained by the President, the Secretary of State, or the Secretary of the Treasury: (i) with respect to section 6(a)(3) of ISA, prohibit any United States financial institution from making
loans or providing credits to the sanctioned person consistent with that section …”

77 FR 62139-45
Published 10-12-2012