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October 24, 2016: EU, HMT remove Bank Saderat from Iran sanctions

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The nuclear proliferation sanctions, that is… there are other kinds, after all.

On Monday, Her Majesty’s Treasury (HMT) implemented Council Implementing Regulation (EU) No 2016/603 by removing the following 2 sanctions listings from the Iran (Nuclear Proliferation) sanctions program:

 

  1. BANK SADERAT IRAN
    Address:
    Bank Saderat Tower, 43 Somayeh Ave, Tehran, Iran. Other Information: EU listing. Not UN. Designation applies to all branches and subsidiaries. Partly owned by the Iranian government. Listed on: 27/07/2010 Last Updated: 24/10/2016 Group ID: 11185.
  2. BANK SADERAT PLC
    Address:
    5 Lothbury, London, United Kingdom, EC2R 7HD. Other Information: EU listing. Not UN. 100% owned subsidiary of Bank Saderat. Listed on: 27/07/2010 Last Updated: 24/10/2016 Group ID: 11268. 

Links:

HMT Notice

Council Implementing Regulation (EU) No 2016/603


Filed under: EU Updates, HMT Updates, Iranian Sanctions, Sanctions Lists

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