1963-08-09

Reza Parsaei is a director for NIOC International Affairs (London) Ltd. which was identified as an entity of the Government of Iran in July 2010.  Parsaei has involved himself in a scheme to deceptively import Iranian oil into the EU.  Parsaei also coordinates closely with another director for NIOC International Affairs (London) Ltd., Seyyed Mohamad Ali Khatibi Tabatabaei.  Seyed Mohaddes and Mohammed Ziracchian Zadeh act as directors for the Iranian Oil Company (U.K.) Ltd., which was also identified as an entity of the Government of Iran in July 2010.

https://home.treasury.gov/news/press-releases/jl2158

2013-09-06

US

Iranian Transactions and Sanctions Regulations, 31 CFR part 560

OFAC country specific

Iran

Other financial restrictions, Trade sanctions

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

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.

SDN