Subscribe to FDD

Iran - Sanctions

Global Banks Wrestle with Iran’s Return

12th February 2016 – FDD Policy Brief

Global Banks Wrestle with Iran’s Return

Annie Fixler

The Bank of England, according to a report from the Financial Times last week, reactivated the licenses of three Iranian banks: Melli Bank, Persia International Bank, and Bank Sepah International – each of which has a history of financing Tehran’s nuclear program and other illegal activities. more...

Analysis & Commentary

12th February 2016 – FDD Policy Brief

Global Banks Wrestle with Iran’s Return

Annie Fixler

The Bank of England, according to a report from the Financial Times last week, reactivated the licenses of three Iranian banks: Melli Bank, Persia International Bank, and Bank Sepah International – each of which has a history of financing Tehran’s nuclear program and other illegal activities. more...

11th February 2016 – Quoted by Julian Pecquet - Al Monitor

US seeks to block sanctioned Iranian airline’s flights into Europe

Emanuele Ottolenghi

The Obama administration is warning European countries and companies to shut out a sanctioned Iranian airline or risk US retaliation, Treasury officials told Al-Monitor. more...

4th February 2016 – Quoted by The Tower

Expert: U.S. Must Ground Iranian Airline that Transports Troops, Weapons to Syria

Emanuele Ottolenghi

The United States’ failure to ground a sanctioned Iranian airline that provides logistical support to the Islamic Revolutionary Guard Corps (IRGC) in Syria underscores a severe loss of American credibility, which the Obama administration should immediately act to restore by penalizing companies and financial institutions that allow the airline to operate, Emanuele Ottolenghi, senior fellow at the Foundation for Defense of Democracies, wrote in an op-ed (Google link) published Wednesday in The Wall Street Journal. more...

3rd February 2016 – The Wall Street Journal Europe

Flying in the Face of U.S. Sanctions

Emanuele Ottolenghi

Mahan Air is an Iranian passenger airline that also happens to be a favorite with the country’s Islamic Revolutionary Guard Corps. The IRGC uses Mahan planes to ferry weapons and personnel to aid the Syrian regime. That’s according to the U.S. government, which has repeatedly committed itself to grounding the airline. Yet Mahan continues to fly the friendly Middle East skies and is even expanding its operations. more...