This is the list of asset freeze targets, listed because of
proliferation-related activity in Iran. It also contains
information on regulations.
Current list of designated
persons: Iran (nuclear proliferation)
Latest HM Treasury Notice,
11/03/2022, Iran (Nuclear)
Details
The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019 ensure
sanctions relating to Iran are implemented effectively after the
UK leaves the EU.
Context
This sanctions regime is aimed at
-
encouraging Iran to comply with relevant UN obligations
-
encouraging Iran to abandon nuclear weapons programmes
-
restricting the ability of Iran to develop nuclear weapons
and nuclear weapons delivery systems
This sanctions regime also gives effect to the UK’s obligations
under United Nations Security Council resolution (UNSCR) 2231
(2015).
The regulations impose asset freezes on those who are, or have
been, involved in the facilitation of restricted weapons-related
activity in Iran. It also imposes asset freezes and other
financial measures on any person named by the Security Council
for the purposes of UNSCR 2231 (2015).
The UK also implements a sanctions regime on Iran
related to human rights.
Some individuals and entities listed under this regime are also
listed under the following regimes:
If you aren’t sure where someone may be listed, you can consult
OFSI’s consolidated list of asset
freeze targets.
Legislative developmentsJoint
Comprehensive Plan of Action (JCPoA)
On 16 January 2016 (Implementation Day), Iran completed its
nuclear-related commitments under the Joint
Comprehensive Plan of Action (JCPoA) and received extensive
sanctions relief. As part of this sanctions relief, restrictions
on financial transfers to and from Iran were lifted. Therefore,
you no longer need to obtain prior authorisation for, or notify
HM Treasury of, transfers of funds sent to or received from Iran.
However, some individuals and entities remain subject to
restrictive measures under the Iran (Nuclear) (EU Exit)
Regulations, and it is your responsibility to ensure you are
compliant.
Some persons, entities and bodies subject to
counter-proliferation measures use ‘shell’ or ‘front’ companies
to disguise the ultimate destination of goods, funds and
services. You must ensure that no funds or economic resources are
made available, directly or indirectly, to or for the benefit of
listed targets.
UN Resolutions
On 20 July 2015, the UN Security Council unanimously adopted
Resolution
2231 (2015) which terminated previous resolutions on Iranian
nuclear proliferation.
UK regulations
EU Regulations (applicable prior to 11:00pm, 31 December
2020)
Council
Regulation (EU) No 267/2012
Find out more about UK
sanctions on Iran relating to nuclear weapons
