; and (ii) any branch or office within Iran of any foreign bank licensed by Iran; (B) the Central Bank of Iran; and (C) any foreign bank of which more than 50 percent of the voting stock or analogous interest is owned by two or more foreign banks chartered by Iran. B Prohibition on and other sanctions relating to transactions with Iran 411. Prohibition on facilitation of certain transactions involving the Government of Iran or Iranian persons (a) In general The President shall not issue any license under the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq.) that permits a person— (1) to conduct an offshore United States dollar clearing system for transactions involving the Government of Iran or an Iranian person; or (2) to provide United States dollars for any offshore United States dollar clearing system conducted or overseen by a foreign government or a foreign financial institution for transactions involving the Government of Iran or an Iranian person. (b) Foreign financial institution defined In this section, the term foreign financial institution has the meaning of that term as determined by the Secretary of the Treasury pursuant to section 104(i) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8513(i) ). 412. Reports on, and authorization of imposition of sanctions with respect to, offshore United States dollar clearing for transactions involving the Government of Iran or Iranian persons (a) Reports required (1) In general Not later than 60 days after the date of the enactment of this Act, and not less frequently than once 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) a list of any financial institutions that the Secretary has identified as— (i) operating an offshore United States dollar clearing system that conducts transactions involving the Government of Iran or an Iranian person