IRAN
 
UK Treasury Renews Restrictions Against Iranian Banks
 
The UK Treasury on 21 November renewed its financial restrictions against Iranian banks, which have been in force from 21 November 2011, but ceased to have effect after the lapse of one year. It said all UK credit and financial institutions are to cease all business with banks incorporated in Iran, together with their branches and subsidiaries, wherever located, including the Central Bank of Iran (CBI). 
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