Treasury Identifies and Designates 21 Entities Determined to be Owned or Controlled by the Government of Iran
The U.S. Department of the Treasury today added 21 entities to the Specially Designated Nationals List that were determined by the U.S. to be owned or controlled by the Government of Iran.
These 21 entities, which included including banks, insurance firms, mining concerns, investment firms and technology companies, are located in Japan, Germany, Italy, Belarus, Luxembourg and Iran.
According to the Treasury Department, "today's identifications will mitigate the risk that such entities pose to legitimate transactions." This is because OFAC's Iranian Transactions Regulations (31 CFR Part 560) prohibit transactions between U.S. persons and the Government of Iran.
The complete list of entities identified today as owned or controlled by the Government of Iran can be found here.
Labels: Sanctions; Iran
|posted by Douglas N. Jacobson| Permalink 
