Iran; Iran

No. 17 Samadi St. Farid Asghar St. Vahid Dastjeri Ave, Tehran, Iran

10102890879, National ID No.; 248506, Registration Number

Seyyed Reza Mir Mohammad Ali (Mir Mohammad Ali) is a key confidant of the MODAFL Supply Division and the CEO and owner of Iran-based Atropars Company, also known as Atropars Exchange, another exchange house that the MODAFL Supply Division uses to conduct financial activity outside of Iran. Mir Mohammad Ali establishes cover companies and financial accounts for the MODAFL Supply Division’s use, holds MODAFL funds in cover accounts outside of Iran, conducts foreign currency exchange, transports foreign currency to and from Iran using cover companies and couriers, and transfers foreign currency to suppliers of the IRGC and MODAFL. Mir Mohammad Ali’s annual activity for the MODAFL Supply Division, conducted through Atropars Exchange, amounts to tens of millions of dollars. Mir Mohammad Ali and Atropars Exchange control a number of cover companies that are used to support the MODAFL Supply Division. In 2022, Hong Kong-based companies controlled by Mir Mohammad Ali transferred over 15 million euros in oil and petrochemical sales revenue for the MODAFL Supply Division. Between March 2022 and March 2023, Atropars Exchange processed the equivalent of over $40 million in euros in incoming and outcoming transfers. Seyyed Reza Mir Mohammad Ali and Atropars Company are being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, MODAFL.

https://home.treasury.gov/news/press-releases/jy2431

2024-06-25

US

Iranian Financial Sanctions Regulations, 31 CFR part 561

OFAC country specific

Iran

Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/topic/1551

On August 16, 2010, OFAC issued the Iranian Financial Sanctions Regulations, 31 CFR part 561 (75 FR 49836, August 16, 2010) (IFSR) to implement provisions of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Pub. L. 111–195) (22 U.S.C. 8501–8551). Since then, OFAC has amended the IFSR several times.

SDN