U.S. Imposes Sanctions on Entities and Individuals Linked to Iran's Central Bank

The sanctions target a network accused of smuggling U.S. technology to Iran, including its central bank, to support terrorist organizations.

The Biden administration has blacklisted three individuals and four companies for procuring American goods and technology for Iran and its U.S.-designated central bank.
The sanctions specifically target Iran-based Information Services Corporation, a subsidiary of the Central Bank of Iran, for supporting the Islamic Revolutionary Guard Corps-Qods Force and Hezbollah.
U.S. officials accuse the sanctioned entities of using front companies to acquire U.S. goods and technology, violating export restrictions and sanctions.
The sanctions block the designated individuals and companies from accessing U.S. property and financial markets, and bar Americans from doing business with them.
The U.S. reaffirms its commitment to countering terrorist financing and disrupting Iran's procurement of sensitive technology.