Banks

            On April 11, the U.S. Treasury sanctioned an Iranian businessman, a Malaysian bank and an international network of front companies that moved billions of dollars to a Revolutionary Guards company. “As international sanctions have become increasingly stifling, Iran has resorted to…
On July 31, the Obama administration provided a briefing on the new U.S. sanctions on Iran. In this conference call, three government officials discussed President Obama’s new sanctions and the impact of existing sanctions on Iran’s government and economy. The following are excerpts from the…
On July 31, President Obama issued the following statement on new sanctions on Iranian oil and foreign financial institutions that facilitate transactions for Iranian banks. Today, the United States is announcing two significant steps that strengthen our efforts to pressure and isolate the Iranian…