UNSC removes Rafidain Bank from Iraq sanctions list

The UN Security Council Sanctions Committee concerning Iraq has delisted Rafidain Bank. As a result, it will no longer be subject to asset freezing measures. See press release.  OFAC (USA) had licensed activity with Rafidain Bank in 2003, removing it on July 30, 2004. 16 years later Rafidain has now been delisted by the UN, Australia, EU, France, Switzerland and …

IraqIraq United NationsUnited Nations

About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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