Designating Iran Sanctions Evasion Networks
We are imposing sanctions on a “shadow banking” network of 39 entities across multiple jurisdictions. These multi-jurisdictional illicit finance systems provide sanctioned Iranian entities access to the international financial system and enable them to obfuscate their trade with foreign customers. Today’s actions, which the Department of the Treasury is undertaking pursuant to Executive Order (E.O.) 13846, demonstrate our commitment to enforce our sanctions on the Iranian regime and disrupt the foreign networks upon which it relies to evade U.S. sanctions.
Iranian currency exchange houses create front companies abroad to enable trade on behalf of their Iranian clients and help them evade U.S. sanctions. Companies utilizing these networks have generated tens of billions of dollars for the Iranian regime across a variety of fields.
The United States will continue to disrupt attempts to evade U.S. sanctions, and we will use the tools at our disposal to protect both the U.S. and international financial system.
For more information about these designations, please see the Department of the Treasury’s press release.
Official news published at https://www.state.gov/designating-iran-sanctions-evasion-networks/
Politics - JISIP NEWS originally published at Politics - JISIP NEWS
Representatives from the U.S. Department of State, including Jennifer Bachus, Principal Deputy Assistant Secretary of the Bureau of Cyberspace and Digital Policy; and Allison Peters, Deputy Assistant Secretary of the Bureau of Democracy, Human Rights, and Labor; as well as Jaisha Wray, Assistant Administrator for the Department of Commerce’s National Telecommunications and Information Administration, will […]
SECRETARY BLINKEN: Thank you. Good morning, everyone. SECRETARY BLINKEN: Okay, so here’s a professional tip. Never follow Sara Minkara. (Laughter.) It’s a little bit like getting on stage after Taylor Swift. (Laughter.) Sara, it’s not just that I’m proud of you; it’s that I’m grateful for you, and for your entire team. The work that […]
There is a lot of pro-Putin bias in the Western world. We aim to dispel this “macho” propaganda and reveal true colors of his regime: murder, intimidation, industrialized kleptocracy and well-funded russian fascism propaganda machines. We were born in Russia, we have lost friends to this murderer… we see how he “zombifies” most and intimidates […]