Regulatory Alerts2026-05-11 | 20260511OFAC Adds Individuals and Entities to SDN List for Iran-Related Sanctions
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated three individuals and ten entities for their involvement with the Islamic Revolutionary Guard Corps and National Iranian Oil Company. These additions to the Specially Designated Nationals List impose asset freezes and prohibit U.S. persons from engaging in transactions with the listed parties. The designations target networks operating in the United Arab Emirates, Hong Kong, and Oman, citing secondary sanctions risks under Executive Orders 13224 and 13886.
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