By Maya Lester KC & Michael O’Kane

US & UAE impose sanctions on IRGC-linked Iranian currency exchange network

The US and UAE have taken joint action to disrupt an extensive currency exchange network in Iran and the UAE, which the US Treasury says has procured and transferred millions of US dollars in bulk cash to Iran’s sanctioned Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF). The Treasury says that the currency is being used to fund the IRGC-QF’s “malign activities…...

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About Maya Lester KC

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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...

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