Informatics Services Corporation

Iran-based Informatics Services Corporation (ISC), a subsidiary of CBI and publicly recognized as the technology arm of CBI, oversees Iran’s electronic banking clearance network, Shetab, and is affiliated with Shaparak

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Iran-based Informatics Services Corporation (ISC), a subsidiary of CBI and publicly recognized as the technology arm of CBI, oversees Iran’s electronic banking clearance network, Shetab, and is affiliated with Shaparak, Iran’s electronic card payment network. ISC most recently developed the Central Bank Digital Currency platform for the Central Bank of Iran.

UAE-based Advance Banking Solution Trading DMCC (ABS), a front company for ISC, acquired proprietary U.S. goods and technology from over two dozen U.S. companies, both indirectly and through third-party resellers, for onward transfer to CBI. ABS falsely claimed that it was the ultimate end user of the products, concealing their intent to forward the items to Iran from U.S.-based vendors. ISC chief executive officer Seyed Abotaleb Najafi oversaw and approved the illicit acquisition of items acquired by ISC.

ISC also worked with Mohammad Reza Khademi (Khademi), president of UAE-based Freedom Star General Trading Co. (L.L.C.) (Freedom Star), to facilitate the shipment of goods in the UAE to ISC in Iran. Khademi, using Freedom Star, provided falsified End-User Certificates to facilitate these shipments, which stated the goods were going to countries other than Iran.

ISC also maintains an affiliate in Türkiye, Ted Teknoloji Gelistirme Hizmetleri Sanayi Ticaret Anonim Sirketi (Ted), which serves as ISC’s in-country representative and acquired U.S. goods and technology in coordination with ISC front companies. ISC employee Pouria Mirdamadi (Mirdamadi), a dual-national of France and Iran, is involved in Ted’s operations.

Advance Banking Solution Trading DMCC is being designated pursuant to E.O. 13224, as amended, for being owned, controlled, or directed by, or having acted for or on behalf of, directly or indirectly, Informatics Services Corporation.

Seyed Abotaleb Najafi is being designated pursuant to E.O. 13224, as amended, for having acted for or on behalf of, directly or indirectly, Informatics Services Corporation.

Mohammad Reza Khademi and Freedom Star General Trading Co. (L.L.C.) are being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support, for, or goods or services to or in support of, Informatics Services Corporation.

Ted Teknoloji Gelistirme Hizmetleri Sanayi Ticaret Anonim Sirketi is being designated pursuant to E.O. 13224, as amended, for being owned, controlled, or directed by, directly or indirectly, Informatics Services Corporation.

Pouria Mirdamadi is being designated pursuant to E.O. 13224, as amended, for having acted for or on behalf of, directly or indirectly, Informatics Services Corporation.

“The Central Bank of Iran has played a critical role in providing financial support to the IRGC-QF and Hizballah, two key actors intent on further destabilizing the Middle East,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson. “The United States will continue to use all available means to disrupt the Iranian regime’s illicit attempts to procure sensitive U.S. technology and critical inputs.”

Also Known As:
ISC
Arabic: شرکت خدمات انفورماتیک
INFORMATICS AND SERVICES CORPORATION
INFORMATICS SERVICES COMPANY

Organization Established Date:
15 Dec 1993

Country:
Iran

Address:
Marjan Building, No. 6, Madadkaran Street, Shahnazari Street, Mother Square, Mirdamad Boulevard, Tehran 1545654311, Iran

Website:
www.isc.co.ir;

National ID No.:
10101455520 (Iran)

Business Registration Number:
101605 (Iran)

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on February 14, 2024 pursuant to Executive Order 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support, for, or goods or services to or in support of, the CBI;