Last Updated: September 11, 2026

PIERA GLOBAL TRADING L.L.C

Nationality

United Arab Emirates

Address

Bur Dubai Saih Shuaib, Dubai, United Arab Emirates

Reg. ID

939546, Registration Number

Official reason

Two shell companies based in the UAE and one based in Hong Kong, controlled by Jalalian and used to obfuscate MODAFL’s financial activity, are also being designated today: Piera Global Trading L.L.C.

Sender

Other Information

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

Date of listing

2024-06-25

Program information

Authority

Program

Iranian Financial Sanctions Regulations, 31 CFR part 561

Regime

OFAC country specific

Target State

Iran

Measures

Blocking Property, Suspending Entry, Trade sanctions

Sanctions Portfolio

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

Official Information

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.

Additional Details

SDN

Program URL

https://www.ecfr.gov/current/title-31/subtitle-B/chapter-V/part-561

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