UK imposes financial restrictions against Iran

Today, the UK government through its HM Treasury Department, imposed new financial restrictions against Iran. The restrictions require that all UK credit and financial institutions immediately cease business relationships and transactions with all Iranian banks and the Central Bank of Iran (also known as Bank Markazi Jomhouri Islami Iran), and refrain from entering into such [...]

Swiss authorities arrest LTTE members on money laundering

The Swiss authorities have arrested ten suspected members of the terrorist organization Liberation Tigers of Tamil Eelam  (LTTE) for alleged extortion and money laundering to support terrorist financing. According to a statement from the Swiss Attorney General’s office, the Tamils forced Sri Lankan foreign nationals living in Switzerland to provide financial support for the LTTE, [...]