# Council Decision (CFSP) 2016/609 of 18 April 2016 amending Decision 2010/413/CFSP concerning restrictive measures against Iran, Division B: Entities

Extent: E+W+S+N.I.

In accordance with Council Decision (CFSP) 2016/609, this entry shall apply until 22 October 2016.’
Name
Identifying information
Reasons
Date of listing
‘7a.
Bank Saderat Iran (including all branches) and subsidiaries:
Bank Saderat Tower, 43 Somayeh Ave, Tehran, Iran.
By handling letters of credit of Defence Industries Organisation (DIO) in March 2009, Bank Saderat violated the provisions of UNSCR 1737 which designated DIO and therefore required the freezing of its, and prohibited the making available to it of any, funds, financial assets and economic resources. By handling those letters of credit, Bank Saderat also assisted DIO in violating the prohibition contained in UNSCR 1747 on the procurement and the provision by Iran of any arms and related materiel.
(a)
Bank Saderat PLC (London)
5 Lothbury, London, EC2R 7 HD, UK
100 % owned subsidiary of Bank Saderat

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Source: https://www.legislation.gov.uk/eudn/2016/609/annex/division/I/division/B (the official version)
Page: https://openlegislation.uk/eu-decision-2016-609/annex/division-I/division-B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.