Read
- Special Report: Syria's Islamists seize control as moderates dither
- Arizona killer who asked for speedy execution found dead in cell
- Actor James Gandolfini, star of 'The Sopranos,' dies in Italy
- UPDATE 2-Storm Barry heads for Mexico Gulf coast oil installations
- Asia assets hammered on China fears, Fed upset
Reuters Photojournalism
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption
Sponsored Links
U.S. urges greater diligence by banks on Iran sanctions
WASHINGTON |
WASHINGTON (Reuters) - The U.S. Treasury urged U.S. financial institutions on Thursday to exercise greater diligence in processing transactions for foreign exchange houses and trading firms that may seek to evade financial sanctions on Iran.
"The purpose of this advisory is to alert U.S. financial institutions to practices being used to evade U.S. sanctions against Iran and, accordingly, to suggest enhanced due diligence," it said. "The advisory is not intended to suggest that U.S. financial institutions close accounts they hold for third-country exchange houses and/or trading companies."
(Reporting By Arshad Mohammed; Editing by Vicki Allen)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Follow Reuters