Finland's Financial Supervisory Authority (FIN-FSA) published a supervision release reminding supervised entities to apply the prohibitions and asset-freeze obligations arising from the European Union’s reimposed sanctions against Iran, and to ensure their sanctions-screening lists are up to date and include the Iran-related designations. The Council of the European Union decided on 29 September 2025 to reimpose sanctions that had been suspended after the Joint Comprehensive Plan of Action (JCPOA) entered into force in October 2015, following a 28 September 2025 United Nations Security Council decision to reintroduce sanctions previously lifted in January 2016. The reimposed measures include asset freezes and export and import bans, and target, among other things, Iran’s financial sector and the Central Bank of Iran.
Finanssivalvonta 2025-10-16
Finland's Financial Supervisory Authority urges supervised entities to update screening and comply with reimposed EU sanctions against Iran
Finland's Financial Supervisory Authority (FIN-FSA) issued a supervision release urging entities to comply with the European Union's reimposed sanctions against Iran, including asset-freeze obligations. The EU reinstated these sanctions following a United Nations Security Council decision, targeting Iran's financial sector and the Central Bank of Iran. Entities are reminded to update their sanctions-screening lists to reflect these changes.