Sanctions

  • NewsAOL

    Bank to pay extra £200m over Iran

    Scandal-hit Standard Chartered will pay a further 327 million US dollars (£203 million) to settle allegations that it breached sanctions with Iran. The bank was accused by regulators in August of exposing the United States to terrorists and

  • BusinessAOL

    £416m charge for Standard Chartered

    Scandal-hit Standard Chartered has warned it expects to pay a total of 670 million US dollars (£416 million) to settle allegations that it breached sanctions with Iran. The bank was accused by regulators in August of exposing the United States

  • BusinessAOL

    Iran currency dive as sanctions hit

    Iran's currency has fallen 16% in a single day to hit a record low against the US dollar and other foreign currencies in street trading. Street traders said it reached 34,500 rials to the dollar. It was 29,500 rials on

  • PoliticsAOL

    RBS faces sanctions breach inquiry

    Royal Bank of Scotland is being investigated in the United States for possible breaches of sanctions with Iran, it has emerged. The Federal Reserve and Department of Justice in America is looking at potential infringements after RBS volunteered

  • NewsAOL

    Iran sanctions: what do they mean?

    PA Yesterday the UK's sanctions against Iran were broadened to take in draconian financial sanctions - cutting off all ties with Iranian banks. So why have we taken this step and what does it