KM Financial Solutions | UPDATE 1-Japan’s MUFG Bank to halt Iran-related trade due to U.S. sanctions -document

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UPDATE 1-Japan’s MUFG Bank to halt Iran-related trade due to U.S. sanctions -document

11 Jul UPDATE 1-Japan’s MUFG Bank to halt Iran-related trade due to U.S. sanctions -document

Posted at 08:16h in News by KMFSLLP 0 Comments

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Japan’s biggest bank, Mitsubishi
UFJ Financial Group Inc (MUFG), will halt all
Iran-related transactions to comply with the reimposition of
U.S. sanctions against Tehran later this year, according to a
document seen by Reuters on Thursday.