Just a hint of Iran sanctions risk stalls bank transactions
As negotiations over Tehran’s nuclear program continue, the U.S. is encouraging some companies to go to Iran to give its leaders an incentive to stay at the bargaining table. But it could be a tough sell. Billions of dollars in fines have conditioned banks to see any Iran deal as toxic, sanctions experts say. Even the appearance of a connection to Iran could delay bank transactions for months or years, Risk & Compliance Journal found in a review of U.S. sanction licensing records obtained through a Freedom of Information Act request. And ...
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