Banking LawBusiness Law

FATF Proposed Counter-measures

1 Mins read

In a recent legal brief made by T&S Associates, an acclaimed law firm in Tehran, Iran,  certain counter-measures were listed on their Linkedin page as per the new Financial Action Task Force (FATF) outcomes that had been published in February, 2020. As per Recommendation no. 19, T&S Associates advices that financial institutes closely monitor their business relationships alongside improving upon their due diligence efforts in addition to proposed counter-measures which can be read in their detailed report.

 

 

 

Related posts
Banking LawBusiness Law

FATF Black and Grey

1 Mins read
َWhat Exactly is The FATF Blacklist? Being blacklisted on the Financial Action Task Force (FATF) list is quite a challenge as it can put a harsh toll on a nation’s economy and international transactions. Iran…
Banking LawBusiness Law

Iranian Bank Sanctions Settlement with The EU

2 Mins read
Previous cases are not always outdated and its chain of reasoning and arguments can be applied towards the common law and relevant recent cases. Zaiwalla & Co represented Iran’s Bank Mellat in its 2015 trial. …
Immigration Law

E-1 and E-2 Visa Bans for Iranians

1 Mins read
As the 1955 Friendship Treaty between the U.S. and Iran came to an end in October, 2018, so too did trade and investment visa attainments for Iranians. The U.S. Citizenship and Immigration Services agency stated…
Be in the loop with the latest legal updates!
[mc4wp_form id="7637"]

Articles written exclusively by LegaMart legal professionals.

Leave a Reply