Global Trade Alert
Global Trade Alert

United States of America: Treasury sanctions entities facilitating Iran's shadow banking system

Announcement

28 Apr 2026

In April 2026, the United States Department of the Treasury's Office of Foreign Assets Control designated 35 entities and individuals involved in Iran's shadow banking architecture to disrupt illicit financial flows.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Apr 2026

Revocation date:

No revocation date

Announced: 28 Apr 2026
Controls on commercial transactions and investment instruments In force

Recent update from 30 Apr 2026:

On 28 April 2026, the U.S. Department of the Treasury imposed sanctions on 18 entities from Iran, Hong Kong (China), and the United Kingdom that are said to have been involved in Iran's shadow bank...

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