Iran; Iran

Marjan Building, No. 6, Madadkaran Street, Shahnazari Street, Mother Square, Mirdamad Boulevard, Tehran, 1545654311, Iran

101605, Business Registration Number; 10101455520, National ID No.

Iran-based Informatics Services Corporation (ISC), a subsidiary of CBI and publicly recognized as the technology arm of CBI, oversees Iran’s electronic banking clearance network, Shetab, and is affiliated with Shaparak, Iran’s electronic card payment network. ISC most recently developed the Central Bank Digital Currency platform for the Central Bank of Iran. UAE-based Advance Banking Solution Trading DMCC (ABS), a front company for ISC, acquired proprietary U.S. goods and technology from over two dozen U.S. companies, both indirectly and through third-party resellers, for onward transfer to CBI. ABS falsely claimed that it was the ultimate end user of the products, concealing their intent to forward the items to Iran from U.S.-based vendors. ISC chief executive officer Seyed Abotaleb Najafi oversaw and approved the illicit acquisition of items acquired by ISC. ISC also worked with Mohammad Reza Khademi (Khademi), president of UAE-based Freedom Star General Trading Co. (L.L.C.) (Freedom Star), to facilitate the shipment of goods in the UAE to ISC in Iran. Khademi, using Freedom Star, provided falsified End-User Certificates to facilitate these shipments, which stated the goods were going to countries other than Iran. ISC also maintains an affiliate in Türkiye, Ted Teknoloji Gelistirme Hizmetleri Sanayi Ticaret Anonim Sirketi (Ted), which serves as ISC’s in-country representative and acquired U.S. goods and technology in coordination with ISC front companies. ISC employee Pouria Mirdamadi (Mirdamadi), a dual-national of France and Iran, is involved in Ted’s operations.

https://home.treasury.gov/news/press-releases/jy2095

2024-02-14

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