FROM A
DIFFERENT ANGLE by Kenneth Rijock
Financial Crime Consultant, for World-Check
UN approves Iran sanctions
26 March 2007

The United Nations Security Council has passed a resolution that includes a total ban on Iranian arms exports, together with a large number of additional sanctions, including a freeze on the assets of 28 individuals and organisations that are allegedly involved in that country's Nuclear weapons and missile delivery systems programmes.

MLROs and Compliance officers should prudently again review their bank clients' relationships with Iranian government agencies, and run all names through World-Check.

Our new readers may find earlier W-C articles on Iran sanctions useful. Please access them through the search feature on the World-Check homepage.

The facts and opinions stated in this article are those of the author and not those of World-Check. World-Check does not warrant the accuracy of any facts and opinions stated in this article, does not endorse them, and accepts no responsibility for them.

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