This news release is issued in respect of the restrictive measures directed by the Council of the European Union against Iran.
On 20 April 2016 Council Implementing Regulation (EU) No 2016/603 (“the Amending Regulation”) was published in the Official Journal of the European Union by the Council of the European Union.
The Amending Regulation amended the listings of Bank Saderat Iran and Bank Saderat PLC so that they would remain in force until 22 October 2016. As that date has now passed, Bank Saderat Iran and Bank Saderat PLC are no longer subject to the restrictive measures set out in the Regulation, including the asset freeze
Delisting
Entities
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.
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.
Further details of the sanctions regime related to Iran and links to the Consolidated List of individual and entities subject to other financial sanctions regimes may be found on the Customs and Excise pages of the Isle of Man Government website.
