Tag: operation_economic_outcast

• FinCEN Issues Seven Foreign-Language Translations of Iran Whistleblower Bulletin

  26 Oct 2026 3:09 p.m. · Source: Financial Crimes Enforcement Network

  FinCEN has released its Iran-related illicit finance whistleblower bulletin in Arabic, Farsi, Hindi, Mandarin, Russian, Spanish and Turkish to widen tip submissions under Operation Economic Outcast.

  Politics and GovernmentBusinessLaw EnforcementFederal GovernmentBankingLegalMiddle East FinCENIranwhistleblowerOperation Economic Outcastillicit financeU.S. Department of the TreasurytranslationsFinancial Crimes Enforcement Network

• US Sanctions Panama-Greece Law Firm, Shipping Agents and Vessels Over Iran Shadow Fleet

  21 Oct 2026 1:28 p.m.

  Treasury's Operation Economic Outcast action targets Karnakis and Karnakis, two shipping agents and seven cargo vessels, and FinCEN has issued its first administrative subpoena in a probe of a Greek bank's potential Iran ties.

  Politics and GovernmentBusinessConflictLaw EnforcementFederal GovernmentTradeMilitaryEnergyBankingLegal Operation Economic OutcastKarnakis and KarnakisIran sanctionsU.S. Department of the Treasuryshadow fleetFinCENScott BessentFinancial Crimes Enforcement NetworkOffice of Foreign Assets ControlRoxette Maritime Shipping and TradingUS Treasury

• Treasury Sanctions Iraqi Bank and Iranian Offshore Lenders, FinCEN Warns Banks on Charity Abuse

  15 Oct 2026 1:33 p.m.

  FinCEN's alert under Operation Economic Outcast asks financial institutions to report diversion of khums religious tithes through charity networks, while Treasury blocks an Iraqi bank, Iranian offshore banks, oil intermediaries and exchange houses.

  Politics and GovernmentBusinessLaw EnforcementIranUSAFederal GovernmentBankingLegalMiddle EastMilitaryWorldIraqFinancial Markets FinCENOperation Economic Outcastreligious charity networkskhumsU.S. Department of the Treasuryfinancial institutionsFinancial Crimes Enforcement NetworkIran sanctionsInternational Development BankScott BessentOffice of Foreign Assets Controlshadow bankingUS TreasuryIranian regimereligious charitiesterrorism financing

• Treasury Sanctions 17 Shadow Fleet Vessels in Crackdown on Iran's Oil Network

  8 Oct 2026 1:03 p.m. · Source: US Treasury

  Operation Economic Outcast targets 17 tankers and 18 companies moving Iranian oil, petrochemicals and LPG across Asia, as Treasury says it has neutralized most of Iran's remaining shadow fleet.

  Politics and GovernmentBusinessWorldIranFederal GovernmentTradeEnergyLegalMiddle East Operation Economic OutcastIran shadow fleetOFAC sanctionsScott BessentU.S. Department of the TreasuryExecutive Order 13902Iranian petroleum exportsUS Treasury

• Bessent Meets Iraqi Foreign Minister Hussein, Presses al-Zaidi Reforms

  1 Oct 2026 7:16 p.m. · Source: US Treasury

  Treasury Secretary Scott Bessent met Iraqi Foreign Minister Fuad Hussein in Washington to discuss Prime Minister Ali al-Zaidi's reforms, Iranian terror, militias and Shiite pilgrimages.

  Politics and GovernmentWorldUSAIraqFederal GovernmentMiddle EastMilitaryGeneral Politics Scott BessentFuad HusseinAli al-ZaidiOperation Economic OutcastNajafIranUS Treasury

• Treasury Targets A7 Network Shadow Banking Ring Used by Iran to Evade Sanctions

  1 Oct 2026 1:26 p.m. · Source: Financial Crimes Enforcement Network

  FinCEN proposes rule barring fund transmittals tied to the A7 Network's Sub-Agents and issues an alert to help banks spot suspicious activity, as OFAC sanctions the Russia-linked network.

  Politics and GovernmentBusinessLaw EnforcementUSAIranRussiaFederal GovernmentBankingFinancial MarketsLegalMilitary A7 NetworkFinCENIran sanctions evasionOffice of Foreign Assets ControlOperation Economic Outcastshadow bankingFinancial Crimes Enforcement Network

• Treasury's Operation Economic Outcast Hits Iran's Auto, Rail and Steel Networks

  1 Oct 2026 1:07 p.m. · Source: US Treasury

  Treasury sanctions Iran's largest automakers, rail operators and steel networks, plus foreign suppliers in Indonesia, UAE, Turkiye, Hong Kong and Germany, under Operation Economic Outcast.

  Politics and GovernmentBusinessWorldLaw EnforcementFederal GovernmentEconomyTradeMiddle EastMilitaryLegal Operation Economic OutcastIran sanctionsU.S. Department of the TreasuryOFACIslamic Revolutionary Guard CorpsIranian automotive industryScott BessentUS Treasury

• Treasury Sanctions A7 Network, a Russian-Tied Shadow Banking Web Used by Iran to Evade Sanctions

  1 Oct 2026 1:06 p.m. · Source: US Treasury

  FinCEN proposes rule barring fund transmittals tied to A7 Network Sub-Agents and issues an alert, while OFAC designates the network a significant transnational criminal organization.

  Politics and GovernmentBusinessLaw EnforcementUSAIranRussiaFederal GovernmentBankingFinancial MarketsLegalMilitaryMiddle East A7 NetworkU.S. Department of the TreasuryFinCENOFACIran sanctions evasionOperation Economic OutcastScott BessentUS Treasury

• Treasury Sanctions 10 Targets Over Iran Weapons Procurement Under Operation Economic Outcast

  29 Sep 2026 1:10 p.m. · Source: US Treasury

  OFAC sanctions 10 individuals and entities across China, Hong Kong, Pakistan, Saudi Arabia and Türkiye for procuring weapons and components for Iran's MODAFL under Operation Economic Outcast.

  Politics and GovernmentBusinessConflictLaw EnforcementFederal GovernmentMilitaryTradeMiddle EastAsiaLegal Operation Economic OutcastOFACMODAFLIran sanctionsScott BessentExecutive Order 13382weapons procurementUS Treasury

• Treasury Sanctions BitBank, Iranian Crypto Exchange Used to Send Bitcoin to IRGC

  17 Sep 2026 2:08 p.m. · Source: US Treasury

  OFAC designated BitBank, developer Pishtaz Simorgh and three Zanjani associates under Operation Economic Outcast, saying the exchange moved hundreds of millions in Bitcoin to the IRGC.

  Politics and GovernmentBusinessLaw EnforcementIranUSAFederal GovernmentFinancial MarketsBankingLegalMiddle East OFACBitBankBabak ZanjaniOperation Economic OutcastIran sanctionsIslamic Revolutionary Guards CorpsDigital assetsUS Treasury

• Treasury Convenes Global Banks to Advance Operation Economic Outcast Against Iran

  16 Sep 2026 2:22 p.m. · Source: Financial Crimes Enforcement Network

  FinCEN Exchange brings global financial institutions together to cut off Iranian regime revenue and procurement networks, with Treasury Secretary Scott Bessent vowing to sever Tehran's remaining economic lifelines.

  Politics and GovernmentBusinessLaw EnforcementUSAIranFederal GovernmentBankingFinancial MarketsMiddle EastLegal Operation Economic OutcastFinCEN ExchangeScott BessentU.S. Department of the Treasurysanctionsterrorist financingFinancial Crimes Enforcement Network

• FinCEN Issues Whistleblower Bulletin on Iran-Related Illicit Finance

  10 Sep 2026 4:03 p.m. · Source: Financial Crimes Enforcement Network

  FinCEN seeks tips on Bank Secrecy Act and sanctions violations tied to Iranian proxies and facilitators, offering possible awards as Treasury backs Operation Economic Outcast.

  Politics and GovernmentBusinessLaw EnforcementWorldFederal GovernmentBankingFinancial MarketsLegalMiddle East FinCENOperation Economic OutcastBank Secrecy ActOffice of Foreign Assets ControlIranian proxieswhistleblower programU.S. sanctionsFinancial Crimes Enforcement Network

• FinCEN Issues Alert on Iranian Aviation Procurement Networks

  8 Sep 2026 11:07 a.m. · Source: Financial Crimes Enforcement Network

  FinCEN has issued an alert to financial institutions to identify and report networks supporting Iran's aviation industry, which aids the IRGC and its proxies. This action, part of Operation Economic Outcast, coincides with OFAC sanctions on 36 entities.

  Politics and GovernmentBusinessConflictFederal GovernmentEconomyMiddle EastLegalMilitary FinCENIranAviation IndustrySanctionsIRGCFinancial CrimesOperation Economic OutcastFinancial Crimes Enforcement Network

• US Treasury Targets Banque Misr UAE, Sanctions Iranian Financial Facilitators

  28 Aug 2026 10:44 a.m. · Source: US Treasury

  The U.S. Treasury proposes revoking Banque Misr UAE's access to the U.S. financial system and sanctions key individuals and entities, alleging billions processed for Iran's shadow banking networks under Operation Economic Outcast.

  Politics and GovernmentBusinessConflictFederal GovernmentEconomyBankingMiddle EastLegalMilitary U.S. TreasuryIran sanctionsBanque Misr UAEFinancial Crimes Enforcement Network (FinCEN)Office of Foreign Assets Control (OFAC)Operation Economic OutcastMoney launderingUS Treasury

• US Treasury Launches 'Operation Economic Outcast' Against Iran

  24 Aug 2026 2:04 p.m. · Source: US Treasury

  The US Treasury has initiated 'Operation Economic Outcast,' an unprecedented campaign to sever Iran's global economic lifelines. Secretary Scott Bessent announced new sanctions targeting key sectors and entities, demanding international cooperation to isolate the regime.

  Politics and GovernmentBusinessConflictWorldGeneral PoliticsFederal GovernmentEconomyTradeMiddle EastMilitary TreasuryIranOperation Economic OutcastSanctionsScott BessentNuclear WeaponsUS Treasury

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