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IRAN DIVESTMENT ACT COMPLIANCE RIDER The Iran Divestment Act of 2012 effective as of April 12 2012 is codified at State Finance Law SFL 165-a and General Municipal Law GML 103-g. A bid or proposal shall not be considered for award nor shall any award be made where the bidder or proposer fails to submit a signed and verified bidder s certification. CERTIFICATION - IRAN DIVESTMENT ACT OF 2012 This form must be signed and notarized Submit with bid As a result of the Iran Divestment Act of...
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How to fill out iran divestment act compliance

01
Read and understand the requirements of the Iran Divestment Act.
02
Identify if your organization is subject to the Act.
03
Review your investments and determine if any of them involve companies designated as prohibited under the Act.
04
Divest from any prohibited companies or entities by selling the relevant investments.
05
Maintain records and documentation of the divestment process for compliance purposes.
06
Submit necessary compliance reports to the appropriate regulatory authorities.

Who needs iran divestment act compliance?

01
Companies and organizations operating in the United States.
02
Financial institutions and investment firms.
03
Government contractors and suppliers.
04
Entities with international business interests.
05
Organizations looking to avoid any potential legal, financial, or reputational risks associated with doing business with Iran.
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Iran divestment act compliance refers to the process of ensuring that entities are not conducting business with Iran in violation of the Iran Divestment Act.
Entities that are subject to the Iran Divestment Act are required to file Iran divestment act compliance.
Iran divestment act compliance can be filled out by providing detailed information about the company's business dealings, investments, and relationships with Iran.
The purpose of Iran divestment act compliance is to prevent entities from engaging in business activities that support the Iranian government or its prohibited activities.
Information such as financial transactions, investments, contracts, and other business dealings with Iran must be reported on Iran divestment act compliance.
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