Global Trade Alert
Global Trade Alert

United Kingdom: Government sanctions Iranian currency exchanges over alleged illicit finance flows

Announcement

11 May 2026

In May 2026, the Government of the United Kingdom announced sanctions against Iranian organisations and individuals for enabling hostile activity and threatening national security and regional stability.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 May 2026

Revocation date:

No revocation date

Updated: 15 May 2026
Controls on commercial transactions and investment instruments In force

Recent update from 15 May 2026:

On 11 May 2026, the UK government imposed sanctions on two commercial entities from Iran that are said to have provided financial services facilitating hostile Iranian activity. As a result of this...

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