- UK sanctions policy targeted Russia's financial networks to disrupt its war economy by providing funds and resources to Russia's financial sector.
- A7 Network is a ruble-based settlement system tied to the Russian defense industry, used by the war economy to bypass Western sanctions.
Russia-linked A7 Network used by Islamic Revolutionary Guard Corps for payments
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
What happened
The Islamic Revolutionary Guard Corps is reportedly using the A7 Network, a Russia-linked settlement system, to receive payments. Washington added A7 to Operation Economic Outcast on October 1, designating it as a substantial international criminal organization. Treasury alleges that foreign sub-agents create front companies and use false trade documents to disguise payments for sanctioned persons, enabling Iranian activity for the Islamic Revolutionary Guard Corps.
From opinionnigeria.com
Why it matters
The A7 Network is a shadow banking system tied to the Russian defense industry, designed to bypass Western sanctions. The designation and alleged use by the Islamic Revolutionary Guard Corps highlight efforts to circumvent financial restrictions placed on Russia's war economy.
A7 Network is a ruble-based settlement system tied to the Russian defense industry, used by the war economy to bypass Western sanctions. UK sanctions policy targeted Russia's financial networks to disrupt its war economy by providing funds and resources to Russia's financial sector.
From opinionnigeria.com
Who's involved
- Islamic Revolutionary Guard CorpsMilitary organization receiving payments via the A7 Network
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Islamic Revolutionary Guard CorpsSpeculative
The sanctions designation of A7 could cut off a key payment channel used by the Islamic Revolutionary Guard Corps for international transactions.
- Central Bank of IranSpeculative
Sanctions on A7 could increase regulatory risk for processing IRGC-related payments through the Central Bank of Iran.
How it developed
Newest first. Tap a step to see who reported it.US Treasury targets entities linked to Ilan Shor in sanctions against Iran's financial network.1 source
IRGC is using the Russia-linked A7 Network to receive payments.1 source
Keep exploring
Part of
A7 Network is a ruble-based settlement system tied to the Russian defense industry, used by the war economy to bypass Western sanctions.Also in this story
- A7A5 stablecoin was created to bypass international payment restrictions following sanctions that led to disconnection from the SWIFT network.
- A7 Network plans expansion into Latin America while defying Western efforts to isolate Moscow.
The entities involved
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Islamic Revolutionary Guard Corps
military organization to protect the political system of the Islamic Republic in Iran
Related events
- The Islamic Revolutionary Guard Corps (IRGC) stated its role in protecting Iran's national interests and security.
- The Islamic Revolutionary Guard Corps (IRGC) is operating under a heightened alert status in Iran.
- EU law enforcement restricts data sharing with US authorities as IRGC networks operate transnationally across the EU.