Region: Iran, Islamic Republic of

US authorities want to extradite an Iranian businessman from the UK for allegedly exporting scientific instruments to Iran.

27 February 2023

A dual US-Iranian citizen pleaded guilty to two simultaneous schemes to trade Iranian oil products.

10 January 2023

The Turkish government said the DOJ’s prosecution of Halkbank has strained political ties between the two countries, describing the US criminal case as “a demeaning move against Türkiye’s dignity”.

25 November 2022

The company allegedly breached export control rules by purchasing IT equipment from US companies to re-sell in Syria and Iran.

07 November 2022

OFAC issued new guidance for businesses supplying “instant payment systems” after finding that Tango Card committed thousands of potential sanctions breaches, racking up a maximum penalty of $9.2 billion.

03 October 2022

20 September 2022

12 July 2022

A dual US and Iranian citizen has admitted shipping software and radio parts to Iran in breach of US sanctions and export controls.

29 June 2022

A London court has ordered a retired businessman to forfeit criminal proceeds from a scheme to send fighter jet parts to Iran in violation of arms controls.

09 June 2022

OFAC said Toll Holdings’ compliance measures “failed to keep up with the pace and complexity of its growing operations”.

25 April 2022