Please be advised that the following individuals/entities have been designated under the Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019 (the UK regulations):
Name
OFSI ID
Unique ID
Arian Bank
11169
Bank Mellat
11166
Bank Melli
10651
BANK REFAH KARGARAN
11184
BANK SADERAT IRAN
11185
BANK TEJARAT
12459
CEMENT INVESTMENT AND DEVELOPMENT COMPANY
11175
TOSEE TAAVON BANK
12804
Europaisch-Iranische Handelsbank AG
11512
THE EXPORT DEVELOPMENT BANK OF IRAN
11189
MELLI BANK PLC
10650
Nuclear Fuel Production and Procurement Company
9107
Research Institute of Nuclear Science & Technology
11217
NAFTIRAN INTERTRADE COMPANY
12766
NATIONAL IRANIAN DRILLING COMPANY
12750
National Iranian Gas Company
12796
NATIONAL IRANIAN OIL COMPANY
12741
IRANIAN OFFSHORE ENGINEERING & CONSTRUCTION COMPANY
12256
NATIONAL IRANIAN OIL COMPANY INTERNATIONAL AFFAIRS LIMITED
12743
IRAN FUEL CONSERVATION ORGANIZATION
12745
IRANIAN OIL PIPELINES AND TELECOMMUNICATIONS COMPANY
12832
ONERBANK ZAO
11513
MASJED-SOLEYMAN OIL & GAS COMPANY
12753
AGHAJARI OIL & GAS PRODUCTION COMPANY
12755
ARVANDAN OIL & GAS COMPANY
12756
BANK OF INDUSTRY AND MINE
12803
BANK MELLI PRINTING AND PUBLISHING COMPANY
11174
EAST OIL & GAS PRODUCTION COMPANY
12758
GACHSARAN OIL & GAS COMPANY
12754
PETRO SUISSE INTERTRADE COMPANY SA
12823
Kala Naft
11210
PETROIRAN DEVELOPMENT COMPANY (PEDCO) LIMITED
12792
PETROPARS IRAN COMPANY
12879
MACHINE SAZI ARAK
11211
PETROPARS RESOURCES ENGINEERING LLC
12882
PERSIA INTERNATIONAL BANK PLC
11168
Post Bank of Iran
11215
SINA BANK
11186
BANCO INTERNACIONAL DE DESARROLLO CA
11192
First Islamic Investment Bank
12825
Bonab Research Center
11947
AZARAB INDUSTRIAL COMPANY
11165
NATIONAL IRANIAN OIL COMPANY PTE LIMITED
12742
NATIONAL IRANIAN OIL REFINING AND DISTRIBUTION COMPANY
12797
NATIONAL IRANIAN TANKER COMPANY
12798
NORTH DRILLING COMPANY
12748
Mazandaran Cement Company
11178
Melli Agrochemical Company PJS
11181
PETROPARS UK LTD
12795
SOUTH ZAGROS OIL & GAS PRODUCTION COMPANY
12751
INDUSTRIAL DEVELOPMENT & RENOVATION ORGANIZATION OF IRAN
11197
IRAN INSURANCE COMPANY
11202
IRAN LIQUIFIED NATURAL GAS COMPANY
12764
NATIONAL IRANIAN OIL COMPANY NEDERLAND
12807
Future Bank
11177
IRAN ALUMINIUM COMPANY
12818
Nuclear Reactors Fuel Company
11545
EMKA Company
11538
GOOD LUCK SHIPPING LLC
12297
Ministry of Energy of Iran
12739
MINISTRY OF PETROLEUM
12740
PETROPARS LTD
12793
Naser Rastkhah
11939
Said Esmail Khalilipour
9094
Ali Akbar Salehi
10955
Massoud AKHAVAN-FARD
11941
Majid NAMJOO
12738
Ali Reza KHANCHI
9095
Reza AGHAZADEH
9087
Hoseyn FAQIHIAN
9091
Behzad SOLTANI
11940
The UK regulations are given effect within the Bailiwick under the Sanctions (Implementation of UK Regimes) (Bailiwick of Guernsey) (Brexit) Regulations, 2020 that have been made under the Sanctions (Bailiwick of Guernsey) Law, 2018 (the Sanctions Law).
The individuals/entities referred to above are subject to an asset freeze and will appear on the consolidated list, which can be found here.
MEASURES WHICH SHOULD BE TAKEN
All businesses must check whether they maintain any accounts or otherwise have any kind of relationship with the individuals/entities referred to above or to any other natural or legal person, entity or body designated under the legislation referred to above and must treat any funds, other assets or economic resources directly or indirectly belonging to, owned, held or controlled by them, whether wholly or jointly, or that comprise interest, dividends or other forms of property derived from any funds or economic resources that belong to them or are owned, held or controlled by them, whether directly or indirectly and wholly or jointly, or belonging to individuals or entities acting on their behalf or at their direction, whether wholly or jointly as frozen with immediate effect if this is not already the case. Businesses must report any findings to the Policy & Resources Committee immediately. They must also ensure that they have taken all other steps that may be required in order to comply with the reporting obligations at section 14 of the Sanctions Law.
Businesses must also refrain from making any funds or economic resources available directly or indirectly, wholly or jointly, to or for the benefit of any designated person, entity or body any entity directly or indirectly owned or controlled by a designated person, entity or body, whether wholly or jointly any individuals or entities acting on behalf or at the direction of a designated person, entity or body, whether wholly or jointly other than in respect of transactions that come within a permitted derogation as determined by the Policy & Resources Committee, or in accordance with a licence issued by the Policy & Resources Committee, as the case may be.
The information referred to above is required by the Policy & Resources Committee in the exercise of its powers under section 15 of the Sanctions Law.
Any information or queries should be sent to [email protected] with the subject line “Iran Regime”.
Where you have identified an affected relationship as set out above, please also inform the Guernsey Financial Services Commission via email to [email protected] providing short form information on the nature of the sanction connection and the measures you have taken or intend to take.
Handbook Rule 12.37, requires that, where you have identified an affected relationship as set out above, the firm must provide a report to the Commission which sets out, as a minimum: a) the name of the customer, beneficial owner, key principal or the transaction and/or asset linked to a sanctioned/designated person; and b) the nature of the business relationship or occasional transaction, including the transaction and/or asset value.
This report should be provided to the Commission as soon as reasonably practicable after the firm has met the statutory reporting requirements to the States of Guernsey Policy and Resources Committee.
Further information on the effect of asset freezes and related issues including licences is available on the States of Guernsey website at http://www.gov.gg/sanctions.
 (Nuclear) (EU Exit) Regulations 2019 (the UK){kind=link}