OFAC Adds 2 Iran Entities to SDN List
On January 23, 2012, the Office of Foreign Assets Control added two entities to its "Specially Designated Nationals" list. SDNs are (i) individuals and companies owned or controlled by, or acting for or on behalf of, targeted countries or (ii) individuals, groups, and entities, such as terrorists and narcotics traffickers designated under programs that are not country-specific. The assets of listed SDNs are blocked and U.S. persons are generally prohibited from dealing with them.
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The following two entities have been added to OFAC's SDN list:
- BANK TEJARAT, [IRAN] [NPWMD] [IFSR]
- BANK TORGOVOY KAPITAL ZAO (a.k.a. TC BANK; a.k.a. TK BANK; a.k.a. TK BANK ZAO; a.k.a. TORGOVY KAPITAL (TK BANK); a.k.a. TRADE CAPITAL BANK; a.k.a. TRADE CAPITAL BANK (TC BANK); a.k.a. ZAO BANK TORGOVY KAPITAL) [IRAN] -to- BANK TORGOVOY KAPITAL ZAO (a.k.a. TC BANK; a.k.a. TK BANK; a.k.a. TK BANK ZAO; a.k.a. TORGOVY KAPITAL (TK BANK); a.k.a. TRADE CAPITAL BANK; a.k.a. TRADE CAPITAL BANK (TC BANK); a.k.a. ZAO BANK TORGOVY KAPITAL), [IRAN] [NPWMD] [IFSR]
OFAC notice (dated 01/23/12) available here. Subsequent Federal Register (FR Pub 01/27/12) available here.
Press release from the U.S. Department of the Treasury (dated 01/23/12) available here.