UAE Central Bank bars Bank Melli Iran from conducting transactions
The UAE Central Bank has barred Bank Melli Iran from conducting any financial transactions between its UAE branches and Iran after investigations found the Tehran-based lender had failed to comply with anti-money laundering regulations. The ban, announced on Thursday as part of the regulator's “strict enforcement” measures, covers trade finance and fund transfers to and from Iran. Bank Melli Iran…
We haven't written up this one. The National Business has the full story — the link below goes straight to it.
Also reported by 2 other outlets
- UAE Central Bank bars Bank Melli Iran from conducting transactions thenationalnews.com
- Central bank official rates of banking metals as of September 24 en.interfax.com.ua
