US Treasury plans to cut UAE bank's dollar access over $1.8B Iran-linked transactions

The US Treasury plans to cut a UAE bank's dollar access over $1.8 billion in Iran-linked transactions. The UAE Central Bank has launched a special urgent forensic examination covering the period mentioned by US authorities and is studying options on the bank's status if US measures are taken.

Detected & updated continuously · Source: Nebula

Story subjects

United States Department of the TreasuryUnited Arab EmiratesUAE Central BankUnited States authorities

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