October 24, 2016: EU, HMT remove Bank Saderat from Iran sanctions

The nuclear proliferation sanctions, that is… there are other kinds, after all.

On Monday, Her Majesty’s Treasury (HMT) implemented Council Implementing Regulation (EU) No 2016/603 by removing the following 2 sanctions listings from the Iran (Nuclear Proliferation) sanctions program:

 

  1. BANK SADERAT IRAN
    Address:
    Bank Saderat Tower, 43 Somayeh Ave, Tehran, Iran. Other Information: EU listing. Not UN. Designation applies to all branches and subsidiaries. Partly owned by the Iranian government. Listed on: 27/07/2010 Last Updated: 24/10/2016 Group ID: 11185.

  2. BANK SADERAT PLC
    Address:
    5 Lothbury, London, United Kingdom, EC2R 7HD. Other Information: EU listing. Not UN. 100% owned subsidiary of Bank Saderat. Listed on: 27/07/2010 Last Updated: 24/10/2016 Group ID: 11268. 

Links:

HMT Notice

Council Implementing Regulation (EU) No 2016/603

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