{"id":435,"date":"2024-02-07T12:02:06","date_gmt":"2024-02-07T16:02:06","guid":{"rendered":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/?p=435"},"modified":"2024-03-15T08:53:14","modified_gmt":"2024-03-15T12:53:14","slug":"uk-fca-investigating-banks-over-iran-sanctions-allegations","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/2024\/02\/07\/uk-fca-investigating-banks-over-iran-sanctions-allegations\/","title":{"rendered":"UK &#8211; FCA investigating banks over Iran sanctions allegations"},"content":{"rendered":"<p>Following widespread <a href=\"https:\/\/www.theguardian.com\/business\/2024\/feb\/05\/lloyds-and-santander-accused-of-providing-accounts-for-iranian-front-companies\">press reports<\/a> (initially in the\u00a0<em>Financial Times<\/em>)\u00a0that a series of front companies linked to the Iranian Revolutionary Guard held accounts in the UK with Lloyds Bank and Santander, it is <a href=\"https:\/\/mlexmarketinsight.com\/news\/insight\/uk-s-lloyds-santander-face-fca-questions-over-iranian-sanctions-allegations\">now being reported<\/a> (behind a paywall) that both banks have been contacted by the Financial Conduct Authority in relation to the allegations.<\/p>\n<p>Both banks <a href=\"https:\/\/www.independent.co.uk\/business\/santander-uk-and-lloyds-deny-breaching-us-sanctions-over-links-to-iranian-firms-b2490795.html\">have denied<\/a> breaching sanctions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following widespread press reports (initially in the\u00a0Financial Times)\u00a0that a series of front companies linked to the Iranian Revolutionary Guard held accounts in the UK with Lloyds Bank and Santander, it is now being reported (behind a paywall) that both banks have been contacted by the Financial Conduct Authority in relation to the allegations. Both banks &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/2024\/02\/07\/uk-fca-investigating-banks-over-iran-sanctions-allegations\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;UK &#8211; FCA investigating banks over Iran sanctions allegations&#8221;<\/span><\/a><\/p>\n","protected":false},"author":656,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[79,71],"tags":[20,43,9],"ppma_author":[7],"class_list":["post-435","post","type-post","status-publish","format-standard","hentry","category-79","category-financial-services","tag-financial-sanctions","tag-iran","tag-united-kingdom"],"authors":[{"term_id":7,"user_id":656,"is_guest":0,"slug":"mhandley","display_name":"Mark Handley","avatar_url":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-content\/uploads\/sites\/65\/2023\/09\/handleymark-100x100.jpg","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts\/435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/users\/656"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/comments?post=435"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts\/435\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/media?parent=435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/categories?post=435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/tags?post=435"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/ppma_author?post=435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}