Iran (nuclear proliferation)

Selected documents:

United Nations
European Union
UK legislation
Releases
Licence application forms
Prior notification/authorisation forms
Iran - Council Regulation (EU) No 961/2010 Frequently Asked Questions

Regime list

Current regime list: Iran - nuclear proliferation (html)
Last updated: 24 April 2012

Overview

On 23 December 2006, the UN Security Council adopted Resolution 1737 (2006) which imposed, amongst other matters, asset freeze restrictions on persons determined by the UN as engaging in, directly associating with or providing support for Iran's proliferation sensitive nuclear activities or the development of nuclear weapon delivery systems.

The EU implemented Resolution 1737 (2006) in Regulation 423/2007 of 19 April 2007, which also provided for the EU to apply list independently. Regulation 423/2007 was replaced and measures strengthened by Regulation 961/2010 of 25 October 2010.

Selected documents

United Nations

09.06.2010 United Nations Security Council Resolution 1929 (2010) (PDF 83KB)
Strengthened and widened existing measures. Decided to apply the measures in paragraphs 12, 13, 14 and 15 of Resolution 1737 (2006) (the financial sanctions and various exemptions) to persons and entities listed in Annexes I , II and III to Resolution 1929 (2010).
03.03.2008 United Nations Security Council Resolution 1803 (2008) (PDF 47KB)
Decided to apply the measures in paragraphs 12, 13, 14 and 15 of Resolution 1737 (2006) (the financial sanctions and various exemptions) to persons and entities listed in Annexes I and III to Resolution 1803 (2008).
Called on all states to exercise vigilance over the activities of financial institutions in their territories with all banks domiciled in Iran and their branches and subsidiaries abroad. The resolution followed statements issued by the Financial Action Task Force (FATF) on 28 February 2008 and 11 October 2007 calling on FATF member states to advise their financial institutions to take the risk arising from deficiencies in Iran's anti-money-laundering and counter-terrorist financing regime into account for enhanced due diligence. HM Treasury issued advisory notices to this effect to the UK financial sector on 29 February 2008 and 12 October 2007.
24.03.2007 United Nations Security Council Resolution 1747 (2007) (PDF 98KB)
Decided to apply the measures in paragraphs 12, 13, 14 and 15 of Resolution 1737 (2006) (the financial sanctions and various exemptions) to persons and entities listed in the Annex to Resolution 1747 (2007).
23.12.2006 United Nations Security Council Resolution 1737 (2006) (PDF 51KB)
Introduced restrictive measures in respect of Iran including financial sanctions against those persons designated in the Annex to Resolution 1737 (2006), by the competent United Nations Sanctions Committee or by the UN Security Council as persons who engage in, directly associate with or provide support for Iran's proliferation sensitive nuclear activities or the development of nuclear weapon delivery systems.

European Union

26.03.2012 Council Regulation (EU) No 267/2012 (PDF 2MB)
Revokes and replaces Council Regulation (EU) No 961/2010, and provides for additional measures
15.03.2012 Council Decision 2012/152/CFSP (PDF 702KB)
Provides for a ban on the supply of specialised financial messaging services used to exchange financial data.
23.01.2012 Council Decision 2012/35/CFSP (PDF 1MB)
Set out additional restrictions on Iran, including an oil embargo, which would come into force through a Regulation in due course
23.01.2012 Council Regulation (EU) No 56/2012 (PDF 961KB)
Amended Regulation 961/2010
23.01.2012 Council Implementing Regulation (EU) No 54/2012 (PDF 732KB)
Amended Annex VIII to Regulation 961/2010
01.12.2011 Council Implementing Regulation (EU) No 1245/2011 (PDF 1MB)
Amended Annex VIII to Regulation 961/2010
23.05.2011 Council Implementing Regulation (EU) No 503/2011 (PDF 873KB)
Amended Annex VIII to Regulation 961/2010.
25.10.2010 Council Regulation (EU) No 961/2010 (PDF 1.3MB)
Replicates the asset freezing measures contained in Regulation 423/2007 and implements additional restrictive measures against Iran as set out in Decision 2010/413/CFSP. Repeals Regulation 423/2007
25.10.2010 Council Decision 2010/644/CFSP (PDF 850KB)
Annex replaced Annex II to Decision 2010/413/CFSP
26.07.2010 Council Decision 2010/413/CFSP (PDF 1MB)
Set out how UNSCR 1929 (2010) would be implemented. Also set out additional restrictions on business between the EU financial services sector and Iran which would come into force through an EU Regulation later in 2010.
26.07.2010 Council Implementing Regulation (EU) No 668/2010 (PDF 813KB)
Annex added further targets to Annex V to Regulation (EC) No 423/2007
18.06.2010 Commission Regulation (EU) No 532/2010 (PDF 712KB)
Amended Annex IV to Council Regulation (EC) No 423/2007 by adding persons and entities included in UNSCR 1929 (2010).
15.12.2009 Council Regulation (EU) No 1228/2009
Amended Council Regulation (EC) No 423/2007.
17.11.2009 Council Regulation (EC) No 1100/2009 (PDF 748KB)
Annex replaced Annex V to Regulation (EC) No 423/2007. Repealed Decision 2008/475/EC.
10.11.2008 Council Regulation (EC) No 1110/2008 (PDF 124KB)
Amended Council Regulation (EC) No 423/2007. Includes call for continuous vigilance on dealings with credit and financial institutions domiciled in Iran, in particularly Bank Saderat, and their branches and subsidiaries, or credit and financial institutions controlled by persons and entities domiciled in Iran, as listed in Annex VI of the amended Regulation. Introduces reporting requirements on the transactions of Bank Saderat branches and subsidiaries within Member States.
23.06.2008 Council Decision 2008/475/EC (PDF 47KB)
Identified further persons, entities and bodies to be listed under Annex V to Regulation 423/2007. The additions include Bank Melli Iran, its branches and subsidiaries. One such named subsidiary is Melli Bank plc, a UK-based entity. The asset freeze also applies to Melli Bank plc's Hong Kong branch.
11.03.2008 Commission Regulation (EC) No 219/2008 (PDF 51KB)
Amended Annex IV to Council Regulation (EC) No 423/2007 by adding persons and entities included in UNSCR 1803 (2008).
28.01.2008 Commission Regulation (EC) No 116/2008 (PDF 237KB)
Amended Council Regulation (EC) No 423/2007.
05.06.2007 Council Regulation (EC) No 618/2007 (PDF 35KB)
Amended certain prohibitions in Council Regulation (EC) No 423/2007.
23.04.2007 Council Decision 2007/242/EC (PDF 40KB)
Identified persons, entities and bodies that shall be listed under Annex V to Regulation 423/2007.
20.04.2007 Commission Regulation (EC) No 441/2007 (PDF 45KB)
Amended Annex IV to Council Regulation (EC) No 423/2007 by adding persons and entities included in UNSCR 1747 (2007).
19.04.2007 Council Regulation (EC) No 423/2007 (PDF 114KB)
Implemented the measures in UNSCR 1737 (2006) including the freezing of funds and economic resources of persons designated by the United Nations Sanctions Committee or the Security Council (Annex IV) . The Regulation also allows for the European Council to apply restrictive measures to additional persons if deemed appropriate (Annex V).

UK legislation

28.03.2012 The Iran (European Union Financial Sanctions) Regulations 2012 (SI 2012 No 925) (PDF 94KB)
These Regulations provide for the enforcement of Council Regulation (EU) No. 267/2012 of 23 March 2012 concerning restrictive measures against Iran.
28.01.2012 The Iran (European Union Financial Sanctions) (Amendment) Regulations 2012 (SI 2012/190) (70KB)
Amended the Iran (European Union Financial Sanctions) Regulations 2010 (SI 2010/2937) to provide for the derogations set out in Council Regulation (EU) No 56/2012 in relation to the Central Bank of Iran and Bank Tejarat. The derogation in respect of Bank Tejarat is on a temporary basis.
11.12.2010 The Iran (European Union Financial Sanctions) Regulations 2010 (SI 2010/2937) (PDF 160KB)
Provided that breaches of certain prohibitions from Council Regulation (EU) No 961/2010 be criminal offences in the UK, in particular those relating to the asset freezing measures and any person listed in Annex VII or VIII to that Regulation, and the additional restrictive measures again Iran set out in that Regulation. The Regulations also allow for the crediting of frozen accounts with funds transferred by a third party. A "frozen account" is defined as an account with a relevant institution which is held or controlled by a designated person.
27.10.2010 The Iran (European Community Financial Sanctions) (Amendment) Regulations 2010 (SI 2010/2613) (PDF 354KB)
Amended SI 2007/1374 to cover Council Regulation (EU) No 961/2010.
03.05.2007 The Iran (European Community Financial Sanctions) Regulations 2007 (SI 2007/1374) (PDF 74KB)
Provided that breaches of certain prohibitions from Council Regulation (EC) No 423/2007 be criminal offences in the UK, in particular those relating to any person listed in Annex V to that Regulation. The Regulations also allow for the crediting of frozen accounts with funds transferred by a third party. A "frozen account" is defined as an account with a relevant institution which is held or controlled by a designated person.
09.02.2007 The Iran (Financial Sanctions) Order 2007 (SI 2007/281) (PDF 70KB)
Implemented certain restrictive measures in UNSCR 1737 (2006) in the UK, including, amongst other things, provision to give effect to an asset freeze, including a prohibition on the making available of funds and economic resources to individuals and entities designated in the Annex to Resolution 1737 (2006), by the competent UN Sanctions Committee or by the UN Security Council, and provided for breaches of the Order to be criminal offences.

Releases

Licence application forms

Prior notification/authorisation forms

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