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All tagged SWIFT
◢ The SWIFT banking network, the backbone for international monetary transfers, said Monday it has suspended several Iranian banks from its service, after the United States reimposed nuclear sanctions on Tehran. SWIFT, the Belgian-based Society for Worldwide Interbank Financial Telecommunication, provides banks with a secure messenger network to allow international transfers.
◢ Special Representative for Iran Brian Hook briefed reporters regarding Iran sanctions to be reimposed on Monday November 5. This transcript was published by the Office of the Spokesperson at the U.S. Department of State. The briefing took place on Friday November 2.
◢ Secretary of State Michael Pompeo and Secretary of the Treasury Steven Mnuchin on brief reporters via teleconference regarding Iran sanctions to be reimposed on Monday November 5. This transcript was published by the Office of the Spokesperson at the U.S. Department of State. The briefing took place on Friday November 2.
◢ The United States will allow eight countries to continue importing Iranian oil but only at much lower levels after the reimposition of sanctions on Monday, Secretary of State Mike Pompeo said Friday. 700 companies, individuals, businesses, aircraft and ships will be added to the US sanctions list, widely expanding the people and entities Washington seeks to block from accessing global business and financial networks.
