Covid-19 Coronavirus

Financial Sanctions: Iran

Tuesday, 15 April 2014

This news release is issued in respect of the asset-freezing measures directed against certain persons responsible for serious human rights violations in Iran.

Following the publication of Council Implementing Regulation (EU) No 371/2014, the Council of the European Union has amended Annex I to Council Regulation (EU) No 359/2011 with effect from 12 April 2014.

The identifying information for 15 entries has been amended and is annexed.

Financial institutions and other persons are requested to check whether they maintain any accounts or otherwise hold funds or economic resources for, or provide financial services to, the designated persons. If so, they must freeze such accounts or other funds and, unless licensed by the Treasury, refrain from dealing with said funds or economic resources, and suspend the provision of any financial services. They must also report their findings to the Sanctions Officer at Customs and Excise Division of the Treasury.

Issued By

Back to top