🔺U.S. Treasury gathers global financial institutions to advance Iran sanctions

▪ The U.S. Treasury Department announced that, as part of the country’s new campaign to intensify economic pressure on the Islamic Republic of Iran, it held a special meeting with the participation of international financial institutions to review ways to identify and block streams of revenue and procurement networks linked to the Iranian government.

▪ The U.S. Treasury Department’s financial-crimes enforcement network said on Wednesday that it held an “information exchange” meeting with the participation of global financial institutions and related entities.

▪ According to the Treasury Department, the meeting is part of an “economic exclusion operation” that aims to limit Iran and its proxy groups’ access to international financial resources.