top of page
All Articles
US Sanctions VTB Over Alleged Iranian Banking and Sanctions-Evasion Activities
The United States has imposed new sanctions on Russia’s VTB Bank over its alleged involvement in Iranian financial activities and efforts to circumvent US sanctions. The action was taken by the Office of Foreign Assets Control under Executive Order 13902, which authorises sanctions against persons operating in specified sectors of the Iranian economy, including the financial sector. The designation concerns VTB Bank Public Joint Stock Company, one of Russia’s largest financia
Sep 163 min read
bottom of page