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US tightens sanctions on Iran
posted on: Nov 22 2011 7:41 by RDugey. Viewed 17 times.
The Treasury of the United States.
UU. the territory of Iran as "jurisdiction of priority concern for money-laundering", yesterday declared designation which exposes reinforced sanctions to your entire system banking, including Central Bank Iranian.
Secretary of State, Hillary Clinton, and Secretary of the Treasury Timothy Geithner, announced, in addition, the imposition of sanctions against any person providing goods, services, technology or the petrochemical Iran. industry support
The name of "jurisdiction of money-laundering", based on a 2001 anti-terrorist law currently only applies to 6 banks around the world, and only another country, Burma, has warranted its imposition in all its territory.
"For the first time, the Treasury has identified all Iranian financial sector, including the Iranian Central Bank, private banks and its subsidiaries operating overseas, as entities that have" u000a"illicit financial risks for the global financial system", said Geithner at a press conference
Iranian Central Bank
the measure does not entail the immediate application of sanctions against the Iranian Central Bank, but it gives authority to the Treasury to do so in the future and warns banks around the world that "if they continue transactions with any Iranian entity, you run the risk of being declared illegal", said the senior official.
In addition, United States has imposed sanctions against 11 individuals and entities for "helping to nuclear programmes prohibited Iran, including its uranium enrichment and heavy water programs", said Clinton.
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