Abstract:

Sanctions are one of the foreign policy instrument of states taking its roots from the depth of the history. This instrument restricts activities utilized by one or more international actors, upon any other international actor -like certain institutions, individuals or private companies of a certain country- in order to achieve foreign policy goals or for making that actor change its behaviour. These restrictive activites may be in the form of political, economic, financial restrictions or some of them together. Financial sanctions are relatively younger tools than the other kinds and they are used as suplementary to economic sanctions to increase their forcefulness. But, as well as conventional methods to evade financial sanctions, there is also a transformation process about the existing global financial mechanism. In this article, effeciency of the financial sanctions will be analysed by the Iran sanctions case during the 2010’s, taking into consideration newly developed evasion methods and the changing global financial environment.

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