Monaco adds Iran, scam-center targets to sanctions list

MONACO, July 30, 2026 — Monaco expanded its asset-freeze list to cover Iranian energy and financial activity alongside networks accused of operating large-scale scam centers in Cambodia and Myanmar.

Minister of State Decision No. 2026-87 adds eight individuals and four entities across EU sanctions regimes addressing Iranian proliferation and serious human rights violations. The measure amends Monaco’s sanctions list established under its procedures for freezing funds and economic resources.

The Iran-related additions are businessman Ali Ansari and MAPNA Group. Ansari is listed over financial support for the Iranian government, including through funds partly derived from Iranian oil sales. MAPNA, active in Iran’s energy, oil and gas sectors, is listed for supporting the government and nuclear activities presenting a proliferation risk.

The human rights additions comprise seven individuals and three entities connected to scam centers in Cambodia and Myanmar. They include Prince Holding Group, Jin Bei Group and the Democratic Karen Benevolent Army. The listings cite human trafficking, torture, unlawful detention and coercion of people forced to conduct online fraud, including cryptocurrency investment scams.

Monaco also revised 36 existing entries under the EU terrorism sanctions regime, covering 13 individuals and 23 entities. Those records carry updated EU and Monegasque legal references dated July 30.

For compliance teams, the additions introduce new names, aliases and identifying details into sanctions-screening data, while the revised legal citations affect list maintenance. The evidence provides no separate commencement or expiration date for the decision.