The Office of Foreign Asset Control, OFAC, has named a number of Iranian entities as SDN/NPWMDs in connection with their reported contribution to Iran's Weapons of Mass Destruction nuclear programme. If you bank clients in the nuclear energy industry, even if only as suppliers of equipment, it is strongly suggested that you ensure that your clients are not, even indirectly, doing business with any of these companies. Note well that all of these firms are also known by their acronyms and/or other names. If you are unsure, go directly to the complete OFAC text, which appears at the bottom of this article.
The designated firms:
The complete text of the OFAC notice appears at:
http://www.ustreas.gov/offices/enforcement/ofac/actions/20080812.shtml
- ESFAHAN NUCLEAR FUEL RESEARCH AND PRODUCTION CENTRE, a/k/a NERPC (has several alternative names) [World-Check UID 588163 ]
- JABBER IBN HAYAN RESEARCH DEPARTMENT a/k/a JHL [World-Check UID 584120]
- JOZA INDUSTRIAL COMPANY [World-Check UID 815552]
- NUCLEAR RESEARCH CENTRE FOR AGRICULTURE AND MEDICINE a/k/a NRCAM [World-Check UID 584109]
- SAFETY EQUIPMENT PROCUREMENT COMPANY a/k/a SEPCO [World-Check UID 815548]
The complete text of the OFAC notice appears at:
http://www.ustreas.gov/offices/enforcement/ofac/actions/20080812.shtml
