Faratech

Iran

Faratech Co.FARATECH COMPANYFaratech Company
100HIGH RISK
4 Appearances4 Jurisdictions
Confirmed — Listed on OFAC SDN List

Corporate Structure

1 corporate parent identified — sign up to view the full ownership chain and affiliates.

Sanction History

US OFACDate not recorded

US OFAC — Consolidated Screening List listing

Iranian Financial Sanctions RegulationsNon-Proliferation of WMD
EU Official Journal14 Mar 2024
UK ECJU02 Nov 2023

1 more entry across 4 jurisdictions

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HIGH RISK

Risk Assessment

This entity carries a high-risk classification based on 4 sanctions list appearances across 4 jurisdictions. Cross-jurisdictional exposure across 4 separate regulatory authorities significantly elevates compliance burden. Listed for over 13 years, indicating persistent regulatory concern. No ECCN technology tags on record — technology-specific licence triggers may not apply, but end-user restrictions still stand. Country of concern: Iran. Proceed with extreme caution — legal counsel is recommended before any transaction.

4 list appearances4 jurisdictionsFirst listed 2012

What These Restrictions Mean

Australian targeted sanctionsAustralia DFAT Sanctions

Consult the applicable Australian sanctions regime for asset-freeze, travel, and trade restrictions.

Canadian sanctionsCanada SEMA Sanctions

Consult the applicable SEMA regulation and official consolidated listing for the exact dealings prohibitions.

Measure-specific nonproliferation sanctionsNonproliferation Sanctions

The operative procurement, assistance, import, or export measures depend on the underlying State Department determination.

Blocking sanctionsOFAC SDN List

Property and interests in property are blocked where US jurisdiction applies. OFAC’s 50 Percent Rule may extend blocking to owned entities.

What These Lists Mean

Australia DFAT1 entry

Australia DFAT Consolidated List of persons and entities subject to autonomous and UN Security Council sanctions.

Compliance implication: It is an offence under Australian law to directly or indirectly make an asset available to, or deal with the assets of, a listed party.

Canada SEMA1 entry

Canada Special Economic Measures Act autonomous sanctions list, administered by Global Affairs Canada.

Compliance implication: Canadian persons are prohibited from dealing in property of listed parties and must freeze all related assets.

US State Dept (DDTC)1 entry

US State Department list of parties debarred under ITAR or subject to nonproliferation sanctions.

Compliance implication: Exports of ITAR-controlled defense articles or services to debarred parties are prohibited absent DDTC reinstatement.

OFAC1 entry

US Treasury sanctions list covering SDNs, sectoral sanctions, and country-based programs.

Compliance implication: US persons must block assets and are prohibited from dealing with listed parties.

Listed By

Australia DFAT1 entry
Canada SEMA1 entry
US State Dept (DDTC)1 entry
OFAC1 entry

Details

First listed13 Dec 2012
Last listed12 Jan 2024
CountryIran
Risk score100 / 100

Export Control Profile

ListOFAC SDN
TypeEntity
Sanction programmes
Iranian Financial Sanctions RegulationsNon-Proliferation of WMD
OFAC ref#15636

Known Addresses

Ghezelbash 15, Tohid St., Isfahan, IR

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