How OFSI will assess licence applications involving designated Iranian banks
OFSI has published a new FAQ explaining how it will assess licence applications involving the five designated Iranian banks covered by HM Treasury’s new licensing guidance.
The FAQ confirms that applications will continue to be assessed on a case-by-case basis, but licences will generally only be granted where required by law or in exceptional and urgent circumstances, such as risks to life, environmental safety, essential regulatory payments, asset preservation, or the wind-down of operations.
204. What criteria will OFSI be using in assessing future applications? / how will OFSI apply the test?
OFSI will assess applications on a case-by-case basis, against the relevant licensing grounds, alongside the criteria set out in this guidance and FAQs. The guidance is intended to give industry greater clarity on the narrower circumstances in which licences may be granted and the factors OFSI will take into account.
Under this guidance, licences for the banks covered by the guidance will only be granted where required by law, or in exceptional and urgent circumstances, such as where there is a risk to life, limb or environmental safety.
As such, activities that may be considered may include:
risks to life or limb;
environmental safety;
essential insurance premiums and property management fees;
remuneration, allowances or pensions for existing employees;
tax, rent, mortgage and utility payments;
essential payments required by regulators;
essential steps to preserve assets; and
steps towards the wind-down of operations, including insolvency.
The Office of Financial Sanctions Implementation (OFSI) has published new guidance today. With immediate effect, HM Treasury will apply a presumption of denial to licence applications made by the five designated Iranian banks listed below. Each application will continue to be considered on its individual facts.
Bank Sepah
Melli Bank plc
Bank Saderat
Persia International Bank
Bank Tejarat
This means that licence applications involving these banks will generally be refused unless there are clear and compelling reasons to justify an exception. Further details on how this test will be applied will be set out in a FAQ soon.
In addition, OFSI will not renew the Iran Interim Basic Necessities General Licence INT/2025/7628424, which expires on 22 October 2026. Following its expiry, transactions previously authorised under that General Licence will no longer be authorised unless permitted by another applicable general licence or by a specific licence issued by HM Treasury.
Presumption of Denial of Licence Applications for Designated Iranian banks
Published 23 September 2026
1. Context
Iran’s nuclear programme continues to pose a serious threat to international peace and security. Following Iran’s non-compliance with the Joint Comprehensive Plan of Action, the UK implemented the snapback of UN Iran sanctions on 1 October 2025.
The UK Government has been and will continue to apply economic pressure on Iran, alongside the US and other partners, to enable diplomacy that delivers a lasting and sustainable settlement. On 8 September 2026, the Foreign, Commonwealth and Development Office laid legislation tightening sanctions against Iran, including financial measures intended to reduce the Government of Iran’s access to the UK financial system and its ability to raise funds in support of its nuclear programme.
On 16 June 2026, the Financial Action Task Force reminded jurisdictions of their obligations to address terrorist and proliferation financing risks emanating from Iran. The Government is determined to prevent the Iranian regime from exploiting the global economy and the UK financial system to advance its nuclear programme and wider destabilising activities.
With immediate effect, OFSI will apply a presumption of denial to licence applications made by the designated Iranian banks listed below. Each application will continue to be considered on its individual facts.
2. Banks in scope
This policy applies to licence applications made by the following designated banks operating in the UK:
Bank Sepah
Melli Bank plc
Bank Saderat
Persia International Bank
Bank Tejarat
These banks are designated under the Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019.
3. Licensing approach
HM Treasury may issue licences permitting activity otherwise prohibited by sanctions where an applicable licensing purpose exists and its criteria are met. It retains a discretion to refuse a request where licensing would be inappropriate, which includes where this would undermine the integrity or objectives of the sanctions regime.
Applications from the banks listed above will therefore be presumed for denial unless the applicant demonstrates clear and compelling reasons for licensing the proposed activity, as outlined in paragraph 4 below. .
Additionally, the current General Licence INT/2025/7628424 will not be renewed when it expires on 22 October 2026. Following its expiry, transactions previously authorised under that General Licence will no longer be authorised unless permitted by another applicable general licence or by a specific licence issued by HM Treasury.
4. Activities that may be considered
Under this policy, licences will only be granted to the above banks as required by law or in exceptional and urgent circumstances, such as risk to life, limb or environmental safety. OFSI will publish a further FAQ clarifying how it will apply this test.
5. Conditions and limitations
Applicants will need to demonstrate that one or more of the criteria in paragraph 4 above are met. Even where a licence is issued, this will only be granted to cover requirements at the most basic level.
In addition, the strong presumption in considering such applications is that transactions may only take place within the UK. No licences will be issued for funds held by entities operating in the UK to be remitted back to Iran (directly or indirectly).
Licences will only be issued to permit recordable and auditable transactions. No licences will be issued to permit payments in cash, nor will transfers be allowed from one designated bank to another.
6. Case-by-case assessment
OFSI will continue to review each application on a case-by-case basis, but, unless the strict criteria above are met any application from these banks will ordinarily fall to be denied. Should applicants consider that one of the criteria above are met, they should provide clear written evidence of their assertion when any licence application is made.
The following ship has been revoked and is no longer subject to the sanctions listed:
OFSI Sanctions Type: Shipping sanctions: (see “Other information”)
ASTRA
Other information: Shipping sanctions: a specified ship is prohibited from being provided with access to or having its master or pilot cause it to enter a port in the UK, may have its registration on the UK Ship Register terminated, and a master or pilot of a specified ship may be given a port barring direction, a detention direction, and a port entry direction or a movement direction.
UK statement of reasons: IMO 9273387 (ASTRA) is, has been or is likely to be involved in activity whose object or effect is to destabilise Ukraine or undermine or threaten the territorial integrity, sovereignty or independence of Ukraine or to obtain a benefit from or support the Government of Russia. Namely, ASTRA is involved in carrying oil or oil products that originated in Russia from Russia to a third country.
IMO numbers: IMO9273387
Current owner operators: Stravax Shipping Co Ltd
Current believed flag of ships: Vietnam
Type of ship details: Oil Tanker
Designation source: UK
Date designated: 12/09/2025
Last updated: 12/09/2025
Party Type: Ship
Unique ID: RUS3003 | OFSI Regime: The Russia (Sanctions) (EU Exit) Regulations 2019
New FAQ added – Asset freeze exception: crediting interest or other earnings on a frozen account
OFSI has published a new FAQ (203) clarifying whether a relevant institution may credit interest or other earnings accruing on one frozen account into a separate frozen account held for the same designated person.
The FAQ explains that regulation 58(3) of the Russia Regulations, and equivalent provisions in other regimes including the counter-terrorism regimes, only permits a relevant institution to credit a frozen account with interest or other earnings due on that account. The exception only applies where the interest or other earnings are credited to the same account on which they accrue.
The FAQ also applies where a separate frozen account has been nominated to receive the interest or earnings. Relevant institutions should consider whether a licence is required before making such payments.
The FAQs respond to stakeholder queries and aims to support a consistent understanding of the regime, helping to reduce the risk of circumvention. We encourage insurers, financial institutions and maritime operators to review the guidance and ensure internal processes reflect these considerations.
and the FAQ:
Asset freeze exception: crediting interest or other earnings on a frozen account
203. Does regulation 58(3) of The Russia (Sanctions) (EU Exit) Regulations 2019 (“the Russia Regulations”), and its equivalent in other regimes including the counter terrorism regimes permit a relevant institution to credit interest or other earnings accruing on one frozen account into a separate frozen account held for the same designated person?
No. OFSI considers that regulation 58(3) of the Russia (Sanctions) (EU Exit) Regulations 2019 (“the Russia Regulations”), and its equivalent in other regimes including the counter terrorism regimes only permits a relevant institution to credit a frozen account with interest or other earnings due on that account. The exception only applies where the interest or other earnings are credited to the same account on which they accrue.
This is the case even where the separate account has been nominated to receive the relevant interest or other earnings or has otherwise been identified as the receiving account of such earnings under the contractual or other arrangements governing the accounts.
Relevant institutions should consider whether a licence is required before making such payments.
S-MIKRON ELEKTRONIK ELEKTRIK SANAYI TAAHHUT TICARET ANONIM SIRKETI
UK statement of reasons: The Secretary of State considers that there are reasonable grounds to suspect that S-MIKRON ELEKTRONIK ELEKTRIK SANAYI TAAHHUT TICARET ANONIM SIRKETI is an “involved person” under the Russia (Sanctions) (EU Exit) Regulations 2019 because it is, or has been, involved in destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine by making available economic resources, goods or technology that could contribute to destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine.
Type of entities: Joint Stock Company
Business registration numbers: Turkey Tax Identifier – 7350759377
Name variation(s): S Micron Electronic Electrical Industry Contracting Trade Joint Stock Company; S-MIKRON ELEKTRONIK
Unique ID: RUS3060 | OFSI Regime: The Russia (Sanctions) (EU Exit) Regulations 2019
List of Changes:
Field Name: UK statement of reasons
Added: The Secretary of State considers that there are reasonable grounds to suspect that – inserted at the start of the field, with no corresponding deletion; the statement previously opened “S-MIKRON ELEKTRONIK ELEKTRIK SANAYI TAAHHUT TICARET ANONIM SIRKETI is an…”
Today, 10 September, the UK Government varied the designation of one entity sanctioned under the Russia regime. Furthermore, one designation under the ISIL (Da’esh) and Al Qaeda sanctions regime and one designation under the Global Human Rights sanctions regime have been corrected.
The following individual has been corrected and is still subject to the sanctions listed:
OFSI Sanctions Type: Asset freeze, Arms embargo, Travel Ban
Abubakar SWALLEH
Other information: Abubakar Swalleh provides financial, material, or technological support for, or financial or other services to, or in support of, ISIL (listed as Al-Qaida in Iraq (QDe.115). He acted, since 2018, as an ISIL facilitator who provides financial and logistic support including recruitment for ISIL in East and Southern Africa. Phone number: +963936016952. Gender: Male. Photo available for inclusion in the INTERPOL-UN Security Council Special Notice INTERPOL-UN Security Council Special Notice: https://www.interpol.int/en/How-we work/Notices/View-UN-Notices-Individuals#2025-47413
UK statement of reasons: Abubakar Swalleh was listed on [Date] pursuant to paragraphs 2 and 5 of resolution 2734 (2024) as being associated with ISIL or Al-Qaida for “participating in the financing, planning, facilitating, preparing, or perpetrating of acts or activities by, in conjunction with, under the name of, on behalf of, or in support of” Islamic State in Iraq and the Levant, listed as Al-Qaida in Iraq (QDe.115) and for “recruiting for Al-Qaida, ISIL, or any cell, affiliate, splinter group or derivative thereof” and for “otherwise supporting acts or activities of Al-Qaida, ISIL, or any cell, affiliate, splinter group or derivative thereof”.
Dobs: 16/03/1993, 09/05/1993
Passport number: A00195974 (expires on 16 Dec. 2029)
Passport additional information: (Uganda)
Nationalities: Uganda
National identifier number: CM920231090NZA, Z15105123
Passport national identifier additional information: (Uganda), Zambia Z15105123, issued on 5. Aug. 2020 (fraudulently acquired under the name Isaac Mupeta, born 9 May 1993 in Lusaka, Zambia, registration number 102523/29/1)
Nationalities: Uganda
National identifier number: CM920231090NZA
National identifier additional information: (Uganda)
Genders: Male
Town of birth: Mengo
Country of birth: Uganda
AKA: Tom KIYURIGE (Good quality a.k.a); Isaac Mupeta (Good quality a.k.a); Abubaker SWALEH (Good quality a.k.a)
Deleted: Z15105123 (second value) – the field now reads “A00195974 (expires on 16 Dec. 2029)”
Field Name: National identifier number (first of two occurrences)
Added: Z15105123 (second value) – this is the same value deleted from Passport number, so the correction relocates an existing identifier from one field to another rather than adding new text; the second National identifier number occurrence (CM920231090NZA alone) carries no markup
The following individual has been corrected and is still subject to the sanctions listed:
OFSI Sanctions Type: Asset freeze, Travel Ban, Director Disqualification Sanction
Avichai SUISSA
UK statement of reasons: The Secretary of State considers Avichai SUISSA (hereafter “SUISSA”) is an involved person within the meaning of the Global Human Rights Sanctions Regulations 2020 on the basis of the following ground: SUISSA provides financial services, or makes available funds, economic resources, goods or technology, knowing or having reasonable cause to suspect that those financial services, funds, economic resources, goods or technology will or may contribute to cruel, inhuman or degrading treatment.
Dobs: 01/07/1986
Nationalities: Israel
Genders: Male
Country of birth: Israel
Name (non-Latin script):אביחי סוויסה (script type: Hebrew)
Address: West Bank, Occupied Palestinian Territories
Designation source: UK
Date designated: 08/09/2026
Last updated: 10/09/2026
Party Type: Individual
Unique ID: GHR0202 | OFSI Regime: The Global Human Rights Sanctions Regulations 2020
List of Changes:
Field Name: UK statement of reasons
Added: The Secretary of State considers Avichai SUISSA (hereafter “SUISSA”) is an involved person within the meaning of the Global Human Rights Sanctions Regulations 2020 on the basis of the following ground: SUISSA provides financial services, or makes available funds, economic resources, goods or technology, knowing or having reasonable cause to suspect that those financial services, funds, economic resources, goods or technology will or may contribute to cruel, inhuman or degrading treatment. – the entire field value is marked as added, with no deleted text anywhere in the field
The following entity has been varied and is still subject to the sanctions listed:
OFSI Sanctions Type: Asset freeze, Trust Services Sanctions, Director Disqualification Sanction, Prohibition on correspondent banking and sterling clearing
JSC SOLID BANK
UK statement of reasons: The Secretary of State has reasonable grounds to suspect that JSC SOLID BANK is or has been obtaining a benefit from or supporting the Government of Russia by carrying on business in a sector of strategic significance to the Government of Russia; namely, the Russian financial services sector.
Business registration numbers: Russian Tax Identification Number – 4101011782 Russia KPP – 410101001 Russia OGRN – 1024100000121 Legal Entity Identifier – 253400EH37SSJEEJFB05 Russia License No. – 1329
Name variation(s): CJSC Solid Bank; Joint Stock Company Solid Bank
Unique ID: RUS3077 | OFSI Regime: The Russia (Sanctions) (EU Exit) Regulations 2019
List of Changes:
Field Name: UK statement of reasons
Added: The Secretary of State has reasonable grounds to suspect that – inserted at the start of the field, with no corresponding deletion; the statement previously opened “JSC SOLID BANK is or has been obtaining a benefit from…”
OFSI Updates Guidance on Permitted Travel Expenses for Sanctions Licence Applications
OFSI has updated its guidance, ‘Permitted travel expenses for sanctions licence applications’, to clarify its expectations of applicants and align the guidance with wider OFSI guidance and current practice.
The update:
Clarifies that the guidance applies not only to travel undertaken by designated persons, but also to travel undertaken by legal representatives or other individuals where an OFSI licence is required to make the relevant payments;
Reflects current practice and expectations that applicants provide sufficient evidence at the outset and that OFSI may return an incomplete application for resubmission or refuse an application where adequate evidence is not provided;
Confirms that in exceptional circumstances, OFSI may license a flight in a class above that which is normally permitted;
Clarifies that where higher-cost travel or accommodation is not justified, OFSI may license a lower amount equivalent to permitted rates (subject to receiving sufficient evidence);
Confirms that each application will be assessed on its own merits; and
Removes outdated mileage rates and updates links to other relevant guidance.
Permitted travel expenses for sanctions licence applications
Updated 10 September 2026
This guidance is produced by the Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, the authority for the implementation of financial sanctions in the UK.
This guidance sets out OFSI’s policy on licensing for travel and applies to travel and associated expenses for which an OFSI licence is sought. It is not limited to travel undertaken by the designated person or their dependents and may include travel undertaken by a designated person’s legal or other representatives where an OFSI licence is required to make the relevant payments.
This should be considered supplementary to, and not a replacement for, OFSI’s general guidance. Further sources of information that may prove helpful can be found at the end of this guidance.
This guidance does not represent legal advice.
If you are unsure about your obligations in a given case, you should consider seeking independent legal advice.
1. Licensing travel expenses
If you are applying for a licence from OFSI to release otherwise frozen funds for the purpose of travel and associated expenses, (for example, to allow you to attend legal meetings or court hearings), you will likely come across the term ‘reasonableness’. An associated expense may be incurred by attending legal meetings or court hearings for example, and when issuing a licence to enable the payment of such expenses, OFSI is legally obliged to ensure that those expenses are ‘reasonable’ as required under the various regime or sector specific regulations made under the Sanctions and Anti-Money Laundering Act (2018).
Each application is reviewed on a case-by-case basis and based on the facts provided, which may not necessarily be covered in this guidance.
Applicants may also apply for travel costs under another licensing purpose which does not carry a requirement for OFSI to conduct a reasonableness assessment. Nevertheless, they should provide a full explanation as to why a specific licensing ground applies to their case.
This guidance should be considered best practice and OFSI would expect the same considerations to be demonstrated. This guidance is not intended to cover all eventualities.
2. Applying for a licence
Various regime or sector specific regulations made under the Sanctions and Anti Money Laundering Act set out the basis upon which HM Treasury may issue a licence. The specific regime regulations appear on the financial sanctions targets by regime on GOV.UK.
It is important that applicants consult the relevant regulations before applying to OFSI.
Each set of regulations will have their own licensing purposes, but commonly the regulations will include two licensing purposes which include a ‘reasonableness’ test. These are ‘legal services’ and ‘maintenance of funds and economic resources’.
OFSI generally receives requests under these licensing purposes to enable the payment of:
• Reasonable professional fees for the provision of legal services
• Reasonable expenses associated with the provision of legal services
• Reasonable fees arising from the routine holding or maintenance of frozen funds or economic resources
• Reasonable service charges arising from the routine holding or maintenance of frozen funds or economic resources
It may be the case that other licensing grounds could be relevant to an application for travel expenses and applicants should provide an explanation as to why a specific licensing purpose reasonably applies to their case.
OFSI receives many licence applications where applicants have not provided sufficient evidence of reasonableness or with no evidence at all.
OFSI requires a significant level of evidence when scrutinising the reasonableness threshold. This is because the various specific regime regulations made under the Sanctions and Anti Money Laundering Act gives HM Treasury the power to issue licences, also stipulates legal fees and maintenance of funds and economic resources should be ‘reasonable’.
If OFSI does not receive the level of detail it needs, OFSI may deem the licence application incomplete and return it to the applicant for resubmission, or refuse the licence application.
In addition, applicants are strongly encouraged to apply to OFSI no less than four weeks in advance of making any travel arrangements.
Reasonableness may have different meanings in different contexts and applicants should note that just because a payment has been licensed in a previous case, does not necessarily mean that it will be licensed again. OFSI assesses each application on a case-by-case basis and applicants will be required to justify the proposed expenditure in each application.
OFSI does not want to cause delays to the consideration and issuance of any licence, so this guidance is aimed at setting out what information OFSI requires when considering if an application for travel costs is ‘reasonable’.
Before making any travel arrangements or applying to OFSI for a licence, you should consider the following four criteria:
Step 1. Consider alternatives to travel
As a first step in all cases, applicants should consider whether there are any practical alternatives to travelling in the first place, such as video, audio or web-based conferencing. They should explain why these alternative options are not possible in their particular case.
Step 2. Consider efficiency and cost-effectiveness
If travel is deemed to be the only option available, then consideration should be given to efficiency and cost-effectiveness (booking in advance, travelling off-peak, using timed trains, economy or standard class), safety and security.
Step 3. Consider necessity
OFSI would expect that only those individuals who absolutely must travel, do so. Support staff, such as paralegals, trainees and secretaries for example, should not be included unless deemed to be essential. In such cases, applicants should provide a clear explanation as to why these additional people are considered necessary and justifying the additional, proportionate cost.
Step 4. Apply for a licence before travel
Applicants should make an application for a licence to OFSI no less than 4 weeks in advance of travel and before making any concrete arrangements. Where an applicant is unable to apply for a licence 4 weeks in advance then explanation as to why should be provided.
3. Travel types
The rates shown in this section act as an indicator as to what OFSI would ordinarily deem to be reasonable. In exceptional cases, OFSI may issue a licence exceeding these rates. Applicants will need to provide a clear explanation of such additional costs being reasonable, including supporting evidence.
Designated persons subject to certain regimes may also be subject to a travel ban. The applicant should ensure that anyone subject to a travel ban also has permission to travel and the necessary supporting documents.
In the event of a licence being issued for a travel expense, any travel ban in place would still apply and is not negated by any licence that may be issued by OFSI. It is the applicant’s responsibility to ensure they are aware of any such restrictions.
3.1 Air travel
The cost of air travel is governed by the fare structure as set by airlines on various routes, as well as the duration of the flight and calendar dates. Prices often rise at popular times of the year, such as school breaks or national holidays, so OFSI would expect timings to be fully considered in line with the earlier pre-planning section.
For flights up to 6 hours, OFSI expects applicants to use economy class wherever possible, even if this means that flights may be very early or late, or alternative dates need to be considered.
For flights more than 6 hours, OFSI expects applicants to consider efficiency and cost effectiveness, safety and security when booking flights.
The table below should be used as a guide.
If there are exceptional circumstances where a flight in a class above what is permitted is needed, applicants should provide an explanation and supporting documentation.
Where exceptional circumstances have not been demonstrated and a flight in a class above what is permitted has been booked, OFSI will generally only license the cost equivalent of the fare of the permitted class of travel. In these circumstances, OFSI requires applicants to provide supporting evidence demonstrating the cost of the permitted fare. If this evidence is not provided, OFSI may refuse the entire amount.
When making a licence application for taxi costs, the applicant will need to demonstrate that public transport has been considered and explain why the need for a taxi is appropriate and cost-effective.
Please note that carrying important documents will not generally in itself be considered an adequate justification. Many people can and do carry important documents, laptops etc on public transport.
3.3 Rail
When travelling by rail, OFSI expects applicants to travel standard class and generally at off-peak times. Moreover, OFSI expects that these rail tickets should be booked in advance, wherever possible, to take advantage of any discounts that may be available.
If an alternative class is required, applicants must explain how such costs are reasonable, like a higher class of air travel.
3.4 Hire Cars
The use of self-drive hire cars may be considered where this is cost-effective. The applicant will need to demonstrate their consideration of public transport options and explain how the need for car hire is appropriate and cost-effective.
3.5 Private vehicles and motor mileage allowance
The use of a private vehicle to travel on official business may be considered where the mileage rate provides a cost-effective means of transport. Applicants will need to provide mileage and destination details in their application and explain why this is cost-effective. Expected rates for mileage can be found at the link at the end of this document.
3.6 Hotels
OFSI will generally expect hotel stays to be minimised. Overnight accommodation should only be used where this is essential, for example, for a court hearing of more than one day. Applicants are expected to book the lowest reasonable class of hotel available, for example 3* rather than 5* wherever it is available. If overnight accommodation is essential, each case will be considered on its own merits. The general guidance provided by HMRC, which can be accessed through the link at the end of this document, will be a good indicator of costs that will be considered reasonable. Typically, OFSI would not licence a 4* and above hotel unless there are genuinely exceptional needs (such as a medical need for a particular facility). As with higher levels of air travel or rail travel, the applicant will need to explain how such costs are reasonable.
Where a 4* hotel or above is booked without demonstrating genuinely exceptional needs or the unavailability of suitable 3* accommodation, OFSI may instead license the cost equivalent of 3* accommodation. In these circumstances, OFSI requires applicants to provide supporting evidence demonstrating this cost. If this evidence is not provided, OFSI may alternatively license an amount capped at the costs outlined in the HMRC guidance.
3.7 Meals
Where meals are not included in the costs of the hotel or otherwise provided, it is possible to include these costs in the overall travel costs being applied for. The following table provides information on expected subsistence rates in the UK.
Meal Limit
London Limit
UK elsewhere
Breakfast
£6.00
£6.00
Lunch
£10.00
£10.00
Dinner
£25.00
£20.00
Subsistence rates outside of the UK will depend on the location of travel and will be assessed on a case-by-case basis.
4. Further support
For further support with UK financial sanctions, you can:
Today, Wednesday 9th September, the UK Government has varied the designation of 1 entity sanctioned under the Global Human Rights Sanctions Regime, providing additional cryptocurrency wallet addresses on the UK Sanctions List. This action is coordinated with the US designation of Xinbi, announced today.
The following entity has been varied and is still subject to the sanctions listed:
OFSI Sanctions Type: Asset freeze, Director Disqualification Sanction
XINBI COMPANY LIMITED
Other information: Xinbi is associated with the following crypto addresses:
TW5tokvhEfrb77z98Rc8HqbkzQJ6sxYtGX
TBKpozurdWLrbKkxtDqkveeq1dSB8Axj3V
TWqcMjV7Wq2RHe2CSiKQHpkn6A7B2AWUPe
TG83Fk56S2mycAUMYHZyZp9wMg6DCf4bUn
TYkE8VwX1SGHM3Q2CA29nka5U2F2khKAj5
TEECjwHqVG8sDmM3VtscjuCaRe5p351MU7
TDU61o35UEe5hdB3R16c116DrPSV4kiyKz
TKRNCETxbiMmyyMraCkgdXKdLr1ZkmKxV5
TTWRf2MD6zJ26bS4uKCNrcp84aAr7AmTjm
TYvjt4ZKfsipHjA52nzgjUjDBF622SLCih
TXHX2NUvcgft4zs6MkkUtdNVERPTavHDWN
TWPma8xH48AEN93x2krdukV9e1j6sPsBeS
TK3n8pGHvDTcK53mpfeDAMzdwjb22qvFU3
TGSGw4aUeAMNCfD8WqLRLe8ErQiJ1vqghj
TBNjCi1d5Ns6ec5aMp28LpfKcX7xTpykAN
THH9JJNbLDN7qs1CyTxJQEjhC9y5FnZUhU
TQhT3QWAbFiy6GEYuBrbK97uP3XVmTpRD8
TXka5xc6mEkcoVXR7F2TFDKernyLt3XyW4
TH1yknksde3pBY3oWVhUxVTbWbLqdafqYT
TLHWeZcDmXk6idnaGwsQ9CEmK24KpoGgRM
TTmvr41Fa9LeWJQ8NKQ5t4wFUspgEA1mJF
THifikwE6RtxYNWdcP9CWUjXS8Gh1xBCoa
TR983hNyUNgrNSB1xncG9thZNhgYpbNvSh
TNwe3WoEX6XrQ5NPAeWPkvpTtdaf27XYxK
TGcewGsDLy7Fzc66kXXEB8Kh2b6u2XCvnV
TYq3iRujcBELXX89i9JY32UmLxcyZAJe7E
TRyQivSkQChryfnYnE1bUmJhnL3TvKUpvS
TGjYoJLhfAiD2BRV9hwCeuHhZ54D3gLKTd
TXT9atp8qBMXKbFYnRyWkM88UXYyobQNLP
TThRMUSidD4gQeCnu56cFfCmqS421Nmbu7
TAkpWPt2JZdiLSkG7ZX2VAQkZQsnGZ1nqh
TZ8zsUe9M9tkhrFtfE7vMMmEwgVEF3n2UN
TM9c5uR2UKwd5fMySgaoYSjphRyi3AjAtc
TTjHn8qNVxazB3UroiekGRPuM2w2GwvNbn
TWHwre81Mv4hvupNdHnsYX9FPocm29dQQQ
TT4WKPQscK7fkxrPj1E9PjZp1HTVBUpoTm
TYZKYK2fbvw3EAPES2daFvoV4DqPna43Jd
TZ42sU5kQ2n5rLZ6PhEGkmfLtmHjoi2vpr
TF7LUSoZQyDFxTFzCL11saBHAqMAyPh8dK
TSmcHwvTR27Ao4NN8HhPFCVcPU5aTEqLDt
UK statement of reasons: The Secretary of State considers that there are reasonable grounds to suspect that Xinbi Company Limited (“Xinbi”) is an involved person within the meaning of the Global Human Rights Sanctions Regulations 2020 on the basis of the following grounds: (1) Xinbi is or has been involved in providing financial services or making available funds, economic resources, goods or technology, knowing or having reasonable cause to suspect that those financial services or funds will or may contribute to human rights abuses, and; (2) Xinbi is or has been involved in profiting financially or otherwise obtaining a benefit from human rights abuses. Xinbi has enabled and profited from the operation of scam centres in Southeast Asia. The treatment of individuals in these scam centres amounts to a serious abuse of the right not to be subjected to cruel, inhumane, or degrading treatment or punishment, and of the right to be free from slavery, not to be held in servitude or required to perform forced or compulsory labour.
Subsidiaries: Xinbi Guarantee
Websites: Xinbi.com
Designation source: UK
Date designated: 26/03/2026
Last updated: 09/09/2026
Party Type: Entity
Unique ID: GHR0190 | OFSI Regime: The Global Human Rights Sanctions Regulations 2020
List of Changes:
Field Name: Other information
Deleted: Tron (from “Xinbi is associated with the following Tron crypto addresses”, now reading “the following crypto addresses”)
Added: the following 38 crypto addresses, appended after the two already listed:
The legislation, which enters in force on 29 September imposes (previously announced) further sectoral sanctions on Iran, broadly corresponding to measures lifted by the UK and partners as part of the Joint Comprehensive Plan of Action.
It follows the UK complying with UN sanctions obligations relating to the snapback of UN Iran sanctions in October 2025. New legislation includes financial measures to reduce the ability of the Government of Iran to access the UK financial systems. It will also bring forward trade prohibitions targeting significant industries advancing Iran’s nuclear escalation, including the energy, metals, gold, and software sectors, and related activities such as shipping, insurance and banking. We are also expanding our powers to target Iranian vessels which enable and facilitate Iran’s nuclear programme and malign activity.
Like all sanctions measures the legislation includes carefully designed mitigations. This will include general licensing to enable the continued operation of the Shah Deniz gas field in Azerbaijan, which provides critical energy supplies to our European partners. It is a continuation of long-standing policy that aligns the UK with the EU and US, who have similar carveouts for activities related to Shah Deniz.
Written Ministerial Statement: Iran Sanctions, 8 September 2026
The Minister for the Middle East, Stephen Doughty MP, has provided a written update to parliament on Iran Sanctions measures.From:Foreign, Commonwealth & Development Office and Stephen Doughty MPPublished:8 September 2026Delivered on:8 September 2026
Today we are laying legislation which will tackle Iranian nuclear activity and other hostile Iranian activity.
The lack of transparency around Iran’s nuclear programme has long posed a serious threat to international peace and security. We have repeatedly seen Iran not act in good faith to address these concerns. For over two decades, the international community has sought clarity and assurance about the nature of Iran’s nuclear programme. Iran has expanded its nuclear programme in ways that lack any credible civilian justification. This includes Iran’s accumulation of over 400kg of uranium enriched to 60%. Iran is the only country without nuclear weapons to enrich uranium to this level.
The UK complied with its UN obligations to implement the snapback of UN Iran sanctions on 1 October 2025 when the Iran (Sanctions) (Nuclear) (EU Exit) (Amendment) Regulations 2025 came into force. The UK went further and designated 71 individuals and entities in sectors that have links to Iran’s nuclear programme, including financial institutions and energy companies.
As my predecessor set out in a written ministerial statement to the House of 13 October 2025, and also in their oral statement to the House on 13 January 2026, the UK will now introduce legislation to impose further sectoral measures on Iran. Today, I am laying in the House ‘The Iran (Sanctions) (Amendment) Regulations 2026’, through which the Government is amending both The Iran (Sanctions) Regulations 2023 and The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019.
These Regulations introduce sectoral measures which are broadly those lifted as part of the Joint Comprehensive Plan of Action. Today’s legislation therefore doubles down on our action to constrain Iran’s nuclear ambitions.
Financial measures will further reduce the Government of Iran’s ability to access the UK financial system and raise funds in support of its nuclear programme. Trade prohibitions against Iran are expanded under this legislation to additional goods, technology and services, including those key to significant industries contributing to Iranian nuclear escalation, such as energy, software, metals, gold, and related activities such as shipping, insurance and banking. The export of additional goods and technology key to Iran’s conventional weapons and nuclear capabilities are also prohibited. In addition, to bolster our existing designations and the termination of our bilateral air services arrangements in 2024, Iranian aircraft will be prohibited from landing in the UK unless certain exemptions apply.
The legislation will further expand our powers to sanction ships – strengthening our ability to target ships enabling and facilitating Iran’s nuclear programme and malign and destabilising behaviour.
As part of the UK’s responsible approach to the use of sanctions, this legislation (like all sanctions legislation) includes carefully-designed sanctions mitigations.
This will include general licences to enable the continued operation of the Shah Deniz gas field in Azerbaijan, which provides critical energy supplies to our European partners. This is a continuation of long-standing policy and aligns us with the EU and US who have similar carveouts for activities related to Shah Deniz.
Through these measures, the Government will uphold its commitment to ensuring that Iran is never able to acquire a nuclear weapon, and will strengthen sanctions that reduce Iranian hostile capabilities.
Iran’s nuclear programme has long been a serious concern to the international community. Iran remains in significant non-compliance with their international safeguards obligations.
A negotiated outcome is the only long-term solution to the threat posed by Iran’s nuclear programme. We remain fully committed to a lasting and sustainable diplomatic solution that ensures Iran never develops a nuclear weapon.
Published 8 September 2026
when the other elements noted in the OFSI notice are published (and in force), I will publish them – but since they are not, I will hold off. If folks want to plan, they can click through and review the anticipated changes.
Today, Tuesday 8th September, the UK Government has designated the following 5 individuals under the Global Human Rights Sanctions Regime. Furthermore, 1 entity has been designated under the Counter-Terrorism (International) Sanctions Regime.
The following individuals have been added and are now subject to the sanctions listed:
OFSI Sanctions Type: Asset freeze, Travel Ban, Director Disqualification Sanction
Ben-Zion GOPSTEIN
UK statement of reasons: The Secretary of State considers that there are reasonable grounds to suspect Ben-Zion GOPSTEIN (hereafter “GOPSTEIN”) is an involved person under the Global Human Rights Sanctions Regulations 2020 on the basis of the following ground: GOPSTEIN is and/or has been facilitating, inciting, promoting or providing support for activity which amounts to a serious abuse of the right of individuals not to be subjected to cruel, inhuman or degrading treatment or punishment. Specifically, GOPSTEIN has facilitated, incited, promoted and provided support for violence against Palestinian individuals.
Dobs: 10/09/1969
Nationalities: Israel, United States
Name variation(s): Bentzi GOPSTEIN
Name (non-Latin script):בן־ציון “בנצי “גופשטיין (script language: Hebrew)
Designation source: UK
Date designated: 08/09/2026
Last updated: 08/09/2026
Party Type: Individual
Unique ID: GHR0198 | OFSI Regime: The Global Human Rights Sanctions Regulations 2020
Meir Mordechai ETTINGER
UK statement of reasons: The Secretary of State considers that there are reasonable grounds to suspect Meir Mordechai ETTINGER (hereafter “ETTINGER”) is an involved person under the Global Human Rights Sanctions Regulations 2020 on the basis of the following ground: ETTINGER is and/or has been facilitating, inciting, promoting or providing support for activity which amounts to a serious abuse of the right of individuals not to be subjected to cruel, inhuman or degrading treatment or punishment. Specifically, ETTINGER has facilitated, incited, promoted and provided support for violence against Palestinians in Israel and the Occupied Palestinian Territories.
Name variation(s): Meir ETTINGER
Name (non-Latin script):מאיר מרדכי אטינגר (script language: Hebrew)
Address: West Bank, Occupied Palestinian Territories
Designation source: UK
Date designated: 08/09/2026
Last updated: 08/09/2026
Party Type: Individual
Unique ID: GHR0199 | OFSI Regime: The Global Human Rights Sanctions Regulations 2020
Eliav LIBI
UK statement of reasons: The Secretary of State considers that there are reasonable grounds to suspect Eliav LIBI (hereafter “LIBI”), is an involved person within the meaning of the Global Human Rights Sanctions Regulations 2020 on the basis of the following ground: LIBI is and/or has been responsible for, engaging in, facilitating, inciting or providing support for activity which amounts to a serious abuse of the right of individuals not to be subjected to cruel, inhuman or degrading treatment or punishment. Specifically, LIBI has been involved in threatening and perpetuating acts of aggression and violence against Palestinian individuals.
Genders: Male
Name (non-Latin script):אלאיב ליבי (script type: Hebrew; script language: Hebrew)
Address: West Bank, Occupied Palestinian Territories
Designation source: UK
Date designated: 08/09/2026
Last updated: 08/09/2026
Party Type: Individual
Unique ID: GHR0200 | OFSI Regime: The Global Human Rights Sanctions Regulations 2020
Baruch MARZEL
UK statement of reasons: The Secretary of State considers that there are reasonable grounds to suspect that Baruch MARZEL (hereafter “MARZEL”) is an involved person under the Global Human Rights Sanctions Regulations 2020 on the basis of the following ground: MARZEL is and/or has been facilitating, inciting, promoting or providing support for activity which amounts to a serious abuse of the right of individuals not to be subjected to cruel, inhuman or degrading treatment or punishment. Specifically, MARZEL has facilitated, incited, promoted and provided support for violence against Palestinian individuals.
Dobs: 23/04/1959
Nationalities: Israel, United States
Genders: Male
Town of birth: Boston
Country of birth: United States
Name variation(s): Baruch MARZEL
Names (non-Latin script):ברוך מאיר מרזל (script type: Hebrew); ברוך מאיר מרזל (script language: Hebrew)
Designation source: UK
Date designated: 08/09/2026
Last updated: 08/09/2026
Party Type: Individual
Unique ID: GHR0201 | OFSI Regime: The Global Human Rights Sanctions Regulations 2020
Avichai SUISSA
Dobs: 01/07/1986
Nationalities: Israel
Genders: Male
Country of birth: Israel
Name (non-Latin script):אביחי סוויסה (script type: Hebrew)
Address: West Bank, Occupied Palestinian Territories
Designation source: UK
Date designated: 08/09/2026
Last updated: 08/09/2026
Party Type: Individual
Unique ID: GHR0202 | OFSI Regime: The Global Human Rights Sanctions Regulations 2020
The following entity has been added and is now subject to the sanctions listed:
OFSI Sanctions Type: Asset freeze, Director Disqualification Sanction
AL-QARD AL-HASAN
UK statement of reasons: The Secretary of State considers that there are reasonable grounds to suspect that Al-Qard Al-Hasan (AQAH) is an involved person within the meaning of the Counter-Terrorism (International Sanctions) (EU Exit) Regulations 2019 on the basis of the following grounds: (a) AQAH is a member of, or associated with Hizballah, an entity which is and/or has been involved in terrorist activity; (b) that AQAH is involved in providing financial services and making available funds for the purposes of terrorism, specifically to Hizballah.
Type of entities: Financial services / charitable organisation
Name variation(s): Al-Qard Al-Hassan
Address: Beirut-Al-Sfeir-Shaheen Building Beirut, Lebanon
