US asks banks worldwide not to process North Korea transactions

3 June 2016

US asks banks worldwide not to process North Korea transactions

The US Treasury wants to prohibit banks around the world with links to the US financial system from processing transactions with North Korea. US banks are already subject to this prohibition. The Treasury’s recommendation...

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions...

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