Last Updated: October 6, 2026

ASCOTEC JAPAN K.K.

Address

8th Floor, Shiba East Building, 2-3-9 Shiba, Minato-ku, Tokyo, 105-0014, Japan

Official reason

Ascotec Japan K.k. is a Tokyo, Japan-based entity that is wholly-owned by Ascotec Holding GmbH. Ascotec Japan K.k. is part of Iran's foreign trade network.

Sender

Additional info

Subject to Secondary Sanctions

Other Information

https://home.treasury.gov/news/press-releases/tg811

Date of listing

2010-08-03

Program information

Authority

Program

Iranian Transactions and Sanctions Regulations, 31 CFR part 560

Regime

OFAC country specific

Target State

Iran

Measures

Other financial restrictions, Trade sanctions

Sanctions Portfolio

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

Official Information

The Iranian Transactions Regulations, 31 C.F.R. part 560 (the “ITR”), financial institutions and other U.S. persons were prohibited from engaging in transactions with the GOI. Under those prior rules, U.S. financial institutions receiving instructions to execute transactions involving these entities were not required to block the transactions, but were instead required to reject those instructions rather than carry them out, unless the transactions were exempt, authorized, or not prohibited by OFAC.

Additional Details

SDN

Program URL

https://www.ecfr.gov/current/title-31/subtitle-B/chapter-V/part-560

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