FinCEN seeks to sever alleged Iranian-linked bank from financial system
FinCEN proposed a new rule to cut off a branch of an Egyptian bank from the U.S. financial system as part of the Trump administration’s effort to economically isolate Iran. The post FinCEN seeks to sever alleged Iranian-linked bank from financial system appeared first on ABA…
FinCEN proposed a new rule to cut off a branch of an Egyptian bank from the U.S. financial system as part of the Trump administration’s effort to economically isolate Iran. The post FinCEN seeks to sever alleged Iranian-linked bank from financial system appeared first on ABA…
BELLINGS Intelligence Score: 62
Why it matters
FinCEN's proposal to sever an alleged Iranian-linked bank from the U.S. financial system is a significant regulatory action with broad implications for sanctions enforcement, financial institutions' compliance obligations, and geopolitical risk in credit markets.
Sources
ABA Banking Journal
FinCEN seeks to sever alleged Iranian-linked bank from financial system
FinCEN proposed a new rule to cut off a branch of an Egyptian bank from the U.S. financial system as part of the Trump administration’s effort to economically isolate Iran. The post FinCEN seeks to sever alleged Iranian-linked bank from financial system appeared first on ABA…