UKSL Sanctions designation

AHMAD DERAKHSHANDEH

Individual · designated 18 October 2023

Designation identifiers

UKSL unique ID
INU0275
OFSI group ID
16160
UN reference number
IRi.013
Designation type
Individual
Date designated
18 October 2023
Last updated
1 October 2025

Regimes

  • The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019

Designation sources

  • UK
  • UN

Sanctions imposed

  • Asset freeze
  • Travel Ban
  • Director Disqualification Sanction

Official reasons

  • Ahmad DERAKHSHANDEH is an involved person within the meaning of the Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019. Ahmad DERAKHSHANDEH is or has been providing financial services, or making available funds or economic resources, that could contribute to the development of nuclear weapons in, or for use in, Iran.

Other information

  • Ahmad DERAKHSHANDEH was listed pursuant to paragraph 12 of resolution 1737 (2006), as read with resolutions 1747, 1803 and 1929, as: a person involved in nuclear or ballistic missile activities. Chairman and Managing Director of Bank Sepah, which provides support for the AIO and subordinates, including SHIG and SBIG, both of which were designated under resolution 1737 (2006). The Director Disqualification Sanction was imposed on 09/04/2025.

Addresses

  • Lines: c/o Bank Sepah
  • Lines: No. 33 Hormozan Building
  • Lines: Pirozan St
  • Lines: Sharak Ghods
  • Lines: Tehran
  • Country: Iran
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This directory is not a substitute for sanctions compliance screening. Ownership and control rules can apply to entities that are not separately named. Verify the current official list and obtain appropriate advice.