By Maya Lester QC & Michael O’Kane

Iraq lifts sanctions against 4 Kurdish banks

Earlier this week, the Iraqi Parliament voted to lift sanctions against 4 banks in the Kurdistan region (Kurdistan International Bank (KIB), RT Bank, Cihan Bank, and Erbil Bank). Sanctions had been imposed in relation to the region’s September 2017 independence referendum, and consisted of restrictions (by the Central Bank of Iraq) on dollar and foreign currency transfers and sales to the...

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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