OFAC adds Iranian entity to SDN List under Iran sanctions program
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) added SEYYED ABBAS HOSSEINI PARSA AND PARTNERS QESHM GENERAL PARTNERSHIP COMPANY to the Specially Designated Nationals and Blocked Persons List (SDN List) on 2026-10-16 under the IRAN-EO13902 sanctions programme. The entity is now subject to asset freezes and other restrictions under U.S. Iran sanctions.
Why it matters. The designation affects the entity's ability to access the U.S. financial system and conduct transactions with U.S. persons, increasing compliance burdens for global counterparties.