Organization sanctions dossier

ELITESPHERE TRADING CO., LIMITED

Elitesphere Trading Co., Limited is a Hong Kong-based company that the U.S. Treasury says has been used by Farab Soroush Afagh Qeshm Company (FSAQ), an affiliate of Iran's Shahr Bank, to move funds through the rahbar network of brokers and front companies in support of Iranian sanctions evasion. OFAC designated it on 15 October 2026 under IRAN-EO13902.

ELITESPHERE TRADING CO., LIMITED is listed as organization with 1 source listing across 1 authority.

Programs: IRAN-EO13902.

Geography: China.