U.S. Treasury Department Announces New Sanctions


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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced new sanctions. These sanctions target several entities connected to the Iranian economy.

Sanctioned Entities

  • Golden Global Portfoy Yonetimi Anonim Sirketi: This company is based in Istanbul, Turkey. It was established on January 15, 2025. Its activities are in the financial and insurance sectors. The company is linked to Golden Global Yatirim Bankasi Anonim Sirketi. This connection led to its designation under Executive Order 13902.
  • Golden Global Varlik Kiralama Anonim Sirketi: Also located in Istanbul, Turkey, this company started on August 1, 2022. It operates in the financial and insurance activities sector. Like the first company, it is linked to Golden Global Yatirim Bankasi Anonim Sirketi. This link was the basis for its designation under Executive Order 13902.
  • Golden Global Yatirim Bankasi Anonim Sirketi: Known also as Golden Global Investment Bank, this bank is in Istanbul, Turkey. The bank began its operations on October 15, 2019. It is a financial institution providing services in Iran’s financial sector. The bank is designated under Executive Order 13902 for significant transactions with Iran in the financial sector.

Details of the Sanctions

All properties and interests in properties of these entities in the U.S. are blocked. U.S. persons cannot engage in transactions with these entities. This action was taken on September 4, 2026.

Government Resources

For more information, individuals can contact OFAC using their provided contact numbers. Further details about this action are available on OFAC’s website.

The sanctions are a part of the government’s ongoing efforts under Executive Order 13902. This Executive Order helps manage the sanctions with respect to sectors of Iran.

Authority

The sanctions were authorized by Executive Order 13902. They aim to restrict economic dealings with specified Iranian-linked entities.

Contacts for More Information

You can reach OFAC’s Associate Director for Global Targeting and others at the provided phone numbers. The websites mentioned in the notice offer more insights on the applicable sanctions and entities involved.

Conclusion

These actions highlight the steps the U.S. is taking to address economic activities linked to Iran. The Treasury Department continues to monitor and sanction entities that meet specific legal criteria under the outlined executive orders.


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