OFAC designates Mahan Air-linked individuals and Russia cargo firm
OFAC added Counter Terrorism designations targeting a China-based individual and Russia-based air cargo entity linked to Mahan Air, with secondary sanctions risk under EO 13224.
OFAC expanded Counter Terrorism designations targeting Mahan Air's procurement network, including a Chinese national and a Moscow-based cargo firm. Secondary sanctions exposure extends to non-US institutions transacting with these parties, heightening screening obligations across trade and correspondent banking.
Secondary sanctions risk creates enforcement exposure for non-US banks and increases due diligence burden on aviation, cargo and China/Russia trade flows.
Action Required
Screen customer and counterparty portfolios against the updated SDN list and freeze exposure to designated parties and their affiliates.
Mahan Air network designations regularly trigger secondary sanctions enforcement and require immediate screening updates by global financial institutions.
Update sanctions filters with new SDN entries; review historical exposure to Mahan Air network, Chinese aviation intermediaries and Russia-based cargo firms. Escalate matches for L2 review.
“OFAC designated TANG, Xin (China) and AIR CARGO PRO LIMITED (Moscow, Russia) under EO 13224 with secondary sanctions risk, linked to Mahan Air [SDGT] [IFSR].”
Published: 2026-07-30