New designations Iran Individuals AZIMIAN, Hamidreza, Iran; DOB 23 Jul 1961; POB Tabriz, Iran; nationality Iran; Additional Sanctions Information – Subject to Secondary Sanctions; Gender Male; Executive Order 13846 information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS. Sec. 5(a)(i); alt. Executive Order 13846 information: FOREIGN EXCHANGE. Sec. 5(a)(ii); alt. Executive Order […]
Estimated reading time: 25 minutes
Imposing Sanctions Related to the Islamic Republic of Iran Shipping Lines and Iranian Shipping Entities PRESS STATEMENT MICHAEL R. POMPEO, SECRETARY OF STATE JANUARY 15, 2021 Share In June 2020, the State Department sanctioned the Islamic Republic of Iran Shipping Lines (IRISL) pursuant to Executive Order 13382 (WMD Proliferators and […]
Estimated reading time: 5 minutes
Today, OFAC added the following person: SAJDEH, Majid, Iran; DOB 26 Jan 1968; POB Tehran, Iran; nationality Iran; Gender Male; Executive Order 13846 information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS. Sec. 5(a)(i); alt. Executive Order 13846 information: FOREIGN EXCHANGE. Sec. 5(a)(ii); alt. Executive Order 13846 information: BANKING TRANSACTIONS. Sec. 5(a)(iii); […]
Estimated reading time: 22 minutes
Yesterday, the State Department issued a press release: Secretary Pompeo Imposes New Sanctions on Iran and Extends Nuclear Restrictions PRESS STATEMENT MORGAN ORTAGUS, DEPARTMENT SPOKESPERSON OCTOBER 31, 2019 Share Secretary Pompeo is continuing restrictions on the Iranian regime’s nuclear program. This decision will help preserve oversight of Iran’s civil nuclear […]
Estimated reading time: 4 minutes
Last Thursday, OFAC added the following persons: BASOV, Aleksandr Vasilevich (a.k.a. BASOV, Alexander; a.k.a. BASOV, Oleksandr), Ukraine; DOB 16 Oct 1971; Gender Male (individual) [CAATSA – RUSSIA] (Linked To: MINISTRY OF STATE SECURITY). SUSHKO, Andriy Volodymyrovych (a.k.a. SUSHKO, Andrey; a.k.a. SUSHKO, Andrey Vladimirovich; a.k.a. SUSHKO, Andrii), Bldg. 78, Apt. […]
Estimated reading time: 28 minutes
Removing all the non-updated FAQs Iran Freedom and Counter-Proliferation Act of 2012 (IFCA) Certain statutory provisions of the Iran Freedom and Counter-Proliferation Act of 2012 (IFCA) were previously implemented through E.O. 13645 of June 3, 2013, which was revoked by E.O. 13716 of January 16, 2016. E.O. 13716, which also carried […]
Estimated reading time: 14 minutes
Issuance of Iran-related Executive Order; Publication of New Iran-related Frequently Asked Questions; Amendments to Existing Iran-related Frequently Asked Questions 8/6/2018 Today, in connection with the President’s issuance of a new Iran-related Executive order “Reimposing Certain Sanctions with Respect to Iran” (New Iran E.O.), the U.S. Department of the Treasury’s Office of […]
Estimated reading time: 2 minutes
On Tuesday, OFAC modified a number of sanctions programs. First, the following have been added to the SDN list under either the IFSR (Iran Financial Sanctions Regulations), Executive Order 13645 (part of the IFCA), or the Non-Proliferation of Weapons of Mass Destruction (NPWMD) programs: AL AQILI, Mohamed Saeed (a.k.a. AL […]
Estimated reading time: 4 minutes
The question (No 312): How does the Executive Order tighten the financial sanctions applicable to FFIs under section 1247 of IFCA? The answer: Section 3 of the E.O. tightens the financial sanctions applicable to FFIs under section 1247 of IFCA and provides for correspondent and payable-through account sanctions on FFIs […]
Estimated reading time: 3 minutes
The question (No 310): What is considered Iran’s automotive sector for purposes of the Executive Order? The answer: The E.O. authorizes the imposition of correspondent and payable-through account and Iran Sanctions Act-style sanctions for certain transactions, on or after July 1, 2013, for the sale, supply, or transfer to Iran […]
Estimated reading time: 4 minutes
Mr. Watchlist 