Browsing: Sanctions


In a meeting with members of ABA’s executive committee today, Deputy Treasury Secretary Wally Adeyemo said that he is in the process of conducting a full review of the nation’s economic and financial sanctions programs, and “noted the important role financial institutions play in implementing these policies,” according to a readout of the meeting.

Compliance and Risk

The Treasury Department’s Office of Foreign Assets Control today announced sanctions against 18 Iranian banks, including 16 banks for operating in Iran’s financial sector and one bank for being owned or controlled by a sanctioned Iranian bank.