Canada Restricted Parties - Iran
The Canada Restricted Parties List for Iran includes individuals and entities that are subject to sanctions imposed by the Government of Canada. These restrictions are in place to prevent activities that could threaten international peace and security.
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454 Entities in Canada Restricted Parties - Iran
Entity Name | Entity Type | Effective Date | Status |
---|---|---|---|
Javan News Agency | Company | Jan 17, 2023 | active |
Neda Industrial Group | Company | Jan 16, 2023 | active |
Islamic Republic of Iran Broadcasting | Company | Jan 16, 2023 | active |
Design and Manufacturing of Aircraft Engines Company | Company | Jan 17, 2023 | active |
Mapna Co | Company | Jan 16, 2023 | active |
Iranian Space Agency | Company | Jan 16, 2023 | active |
Industrial Factories of Precision Machinery | Company | Nov 16, 2023 | active |
M Babaei Industries | Company | Nov 16, 2023 | active |
State Purchasing Organization | Company | Jan 16, 2023 | active |
Aerospace Industries Organization | Company | Jan 16, 2023 | active |
FAQs
Why is compliance with the Canada Restricted Parties - Iran necessary?
Compliance with the Canada Restricted Parties List pertaining to Iran is crucial for several reasons. It ensures adherence to Canada’s legal obligations, safeguarding national security and foreign policy interests. By preventing transactions with designated entities, businesses protect themselves from potential legal repercussions and reputational damage. Additionally, compliance helps combat terrorism and the proliferation of weapons of mass destruction, promoting global peace and security. Ultimately, following these regulations is essential for businesses operating in or with Iran to navigate international trade responsibly.
Which companies should comply with Canada Restricted Parties - Iran?
The Canada Restricted Parties List related to Iran primarily affects companies in industries such as Energy, Finance, Defense, and Telecommunications. These sectors must comply due to international sanctions aimed at curbing activities that may support terrorism or nuclear proliferation. Non-compliance can result in severe penalties, including legal action and damage to corporate reputation. Staying informed mitigates risks.
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