UK sanctions Iran shipping company
The UK imposed sanctions on Iran’s national airline Iran Air and the Islamic Republic of Iran Shipping Company (IRISL) on the grounds that Iran transferred unmanned aerial vehicles to Russia. In a written statement made by the Ministry of Foreign Affairs, it was announced that the assets of Iran Air and IRISL companies will be […]
Germany reviews EU decision on ArvanCloud sanctions
The German Foreign Ministry spokesperson announced that the removal of Iranian firm ArvanCloud from the EU sanctions list is under review. The company was at the center of anti-government protests in 2022 over its role in Iran’s internet censorship. And it was sanctioned at the time. “The case is currently under review by the European […]
OFAC issues updated Advisory on ransomware payments risks
Recently issued OFAC advisory informs about the sanctions-related risks of the growing threat of ransomware payments.