Financial restrictions against Iran
On 27 October 2010, the EU imposed restrictive measures against Iran, with immediate effect.
This is enshrined in Council Regulation (EU) 961/2010.
The Regulation amends the list of designated persons subject to asset freezing measures – as contained in Regulation 423/2007 – and implements additional restrictive measures on business between the EU financial services sector and Iran.
The documents listed below contain further information.
EU regulation: financial restrictions against Iran
In addition, The Financial Restrictions (Iran) Order 2009 expired at midnight on Friday 8th October 2010.
However, Bank Mellat and Islamic Republic of Iran Shipping Lines (IRISL) continue to be subject to an EU asset freeze, under EU Regulation 423/2007 (as amended by EU Regulation 668/2010 of 26 July 2010).
The asset freeze must continue to be applied.
Further informaton about financial restrictions against Iran
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