MUSTAD LIMITED

Hong Kong

Rm 1506, 15/F, Cheung Fung Commercial Bldg., 21-25 Cheung Sha Wan Road, Sham Shui Po, Kowloon, Hong Kong, China

77151111, Business Registration Number

Hong Kong-based Mustad Limited, as an intermediary, has facilitated, or attempted to facilitate, financial transactions in furtherance of the Islamic Revolutionary Guard Corps’ (IRGC’s) procurement of millions of dollars’ worth of weapons. The U.S. Department of State designated the IRGC pursuant to E.O. 13382 in October 2007 in connection with Iran’s ballistic missile program. Mustad Limited is being designated pursuant to E.O. 13382 for having provided, or attempted to provide, financial, material, technological or other support for, or goods or services in support of, the IRGC.

US

Subject to Secondary Sanctions

https://home.treasury.gov/news/press-releases/sb0496

2026-05-08

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