The U.S. Department of the Treasury (OFAC) has designated Future Bank B.S.C. for being controlled by Iran's Bank Melli, which was previously designated by the Treasury Department for facilitating Iran's proliferation activities. Future Bank is being designated pursuant to Executive Order 13382, an authority aimed at freezing the assets of proliferators of weapons of mass destruction (WMD) and their supporters.  Bank Melli was designated by the Treasury Department under E.O. 13382 on October 25, 2007. The World-Check database was updated hours after the OFAC notification. Read full OFAC press release here