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As part of this sanctions relief, restrictions on financial transfers to and from Iran were lifted. On 16 January 2016 (Implementation Day), Iran completed its nuclear-related commitments under the Joint Comprehensive Plan of Action (JCPoA) and received extensive sanctions relief.
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Legislative developments Joint Comprehensive Plan of Action (JCPoA) If you aren’t sure where someone may be listed, you can consult OFSI’s consolidated list of asset freeze targets. Some individuals and entities listed under this regime are also listed under the following regimes: The UK also implements a sanctions regime on Iran related to human rights. It also imposes asset freezes and other financial measures on any person named by the Security Council for the purposes of UNSCR 2231 (2015). The regulations impose asset freezes on those who are, or have been, involved in the facilitation of restricted weapons-related activity in Iran.
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This sanctions regime also gives effect to the UK’s obligations under United Nations Security Council resolution (UNSCR) 2231 (2015). Restricting the ability of Iran to develop nuclear weapons and nuclear weapons delivery systems ContextĮncouraging Iran to comply with relevant UN obligationsĮncouraging Iran to abandon nuclear weapons programmes The Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019 ensure sanctions relating to Iran are implemented effectively after the UK leaves the EU.