US Says Foreign Financial Institutions Doing Business with Iran May Be Sanctioned without Notice

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大纪元 Epoch Times

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On Monday (October 5), the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) issued a stern warning to foreign financial institutions worldwide: any institution that continues to do business with Iran or its financial sector may be subject to U.S. sanctions at any time without prior notice.

La República

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"Foreign financial institutions trading with Iranian institutions could be subject to measures," the Treasury said.