Article #24010
South China Morning Post - World News
| Title | US Treasury Department tells banks to flag suspected Iranian money-laundering networks | Source | South China Morning Post - World News |
| Description | The Treasury Department wants US banks and other financial institutions to monitor for suspected Iranian money-laundering networks that use their funds to smuggle sanctioned oil through shell companies and cryptocurrency networks. The move, which effectively deputises the global financial system to help disrupt Iran’s sanctions-evasion infrastructure, comes as the US and Iran reached another impasse over how to end their war while their ceasefire has grown increasingly shaky. US President Donald... | ||
| Link | https://www.scmp.com/news/world/united-states-canada/article/3353200/us-treasury-department-tells-banks-flag-suspected-iranian-money-laundering-networks?utm_source=rss_feed | Published At | 2026-05-11 17:56:25 (2 months ago) |
| Created At | 2026-05-11 17:58:19 | Updated At | 2026-05-11 17:58:19 |