NOR GVT Iran and Mali Sanction Rules


On Dec. 17, NOR GVT amended Iran and Mali sanctions regulations.


  • NOR GVT issued Regulations amending regulations on sanctions and measures against Iran and regulations on sanctions in light of situation in Mali (FOR-2024-12-16-3143).
  • In regulation 149 and regulation 955, the expression Ministry of Foreign Affairs shall be changed to Directorate for Export Control and Sanctions, with some exceptions.
  • Effectiveness
  • These regulations enter into force on Jan. 1, 2025.

Regulators NOR GVT
Entity Types B/D; Bank; Ins; Inv Co; MSB
Reference OG 2024/1471, FOR-2024-12-16-3143, 12/17/2024; Reg 149; Reg 150; Citation: FOR-2024-12-16-3143;
Functions AML; Compliance; Financial; Legal; Operations; Sanctions
Countries Iran, Republic of; Mali; Norway; Cross-Border
Category
State
Products Banking; Clearing; Deposits; Fund Mgt; Insurance; Loan; Securities
Regions EMEA
Rule Type Final
Rule Date 12/17/2024
Effective Date 1/1/2025
Rule Id 237658
Linked to N/A
Reg. Last Update 12/17/2024
Report Section EU

Last substantive update on 12/20/2024