Guidance

HMT Licensing Guidance –Presumption of Denial of Licence Applications for Designated Iranian banks

Guidance on HM Treasury's licensing approach to applications submitted by certain designated Iranian banks operating in the UK.

• From: Office of Financial Sanctions Implementation
• Published: 23 September 2026

Documents

Presumption of Denial of Licence Applications for Designated Iranian banks

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Guidance on HM Treasury’s presumption of denial approach to licence applications from designated Iranian banks, including:

• banks in scope of the policy
• HM Treasury’s licensing approach and presumption of denial
• activities that may be considered for licensing in exceptional circumstances
• conditions and limitations on any licences granted
• case-by-case assessment of applications

Published 23 September 2026