January 21, 2016: UN, OSFI removes Bank Sepah from Iran sanctions

On Thursday, Canadian regulators followed the action of the United Nations Iran (2231) Sanctions Committee and removed the following listing:

IRe.007 Name: BANK SEPAH AND BANK SEPAH INTERNATIONAL

A.k.a.: na F.k.a.: na Address: na Listed on: 24 Mar. 2007 Other Information: Bank Sepah provides support for the Aerospace Industries Organisation (AIO) and subordinates, including Shahid Hemmat Industrial Group (SHIG) and Shahid Bagheri Industrial Group (SBIG), both of which were designated under resolution 1737 (2006). [Old Reference # E.47.A.8]

listed under their RIUNRI (Regulations Implementing the United Nations Resolutions on Iran) program.

Links:

OSFI Notice

UN Notice

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