U.S. Moves to Further Isolate Iran From Global Financial System
WASHINGTON—The Trump administration moved on Friday to further isolate Iran from the global financial system by declaring the country a “jurisdiction of primary money laundering concern.”
Washington’s latest action forces U.S. banks to scour their foreign business relationships for any transactions with Iran.
The U.S. Treasury and State Departments also launched a new program to address concerns that its “maximum pressure” sanctions campaign is preventing Iran from receiving humanitarian aid even as the economy collapses.
https://www.wsj.com/articles/u-s-moves-to-further-isolate-iran-from-global-financial-system-11572025978?fbclid=IwAR3bnJ1elwL3SaCPNUd3Szw5-bdDzfdsh0_jVu390q89Emrp75ijtthLuA4
