Tag: iran_sanctions_evasion
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Treasury Targets A7 Network Shadow Banking Ring Used by Iran to Evade Sanctions
FinCEN proposes rule barring fund transmittals tied to the A7 Network's Sub-Agents and issues an alert to help banks spot suspicious activity, as OFAC sanctions the Russia-linked network.
Politics and GovernmentBusinessLaw EnforcementUSAIranRussiaFederal GovernmentBankingFinancial MarketsLegalMilitary A7 NetworkFinCENIran sanctions evasionOffice of Foreign Assets ControlOperation Economic Outcastshadow bankingFinancial Crimes Enforcement Network
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Treasury Sanctions A7 Network, a Russian-Tied Shadow Banking Web Used by Iran to Evade Sanctions
FinCEN proposes rule barring fund transmittals tied to A7 Network Sub-Agents and issues an alert, while OFAC designates the network a significant transnational criminal organization.
Politics and GovernmentBusinessLaw EnforcementUSAIranRussiaFederal GovernmentBankingFinancial MarketsLegalMilitaryMiddle East A7 NetworkU.S. Department of the TreasuryFinCENOFACIran sanctions evasionOperation Economic OutcastScott BessentUS Treasury