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In the News Press Release

Banks Unlikely To Follow Kerry's Push On Iran Contacts

Publisher: Law360
May 13, 2016

Bob Appleton was quoted in an article, "Banks Unlikely To Follow Kerry's Push On Iran Contacts," in Law360. The article is about how European banks are not likely to do business with Iran now that nuclear sanctions have been lifted because of the risks involved, even with U.S. Secretary of State John Kerry's encouragement. "They view such encouragement as not enough protection, and they are still well exposed under the regulations if any transaction is later confirmed as promoting terror financing or other related violation," he said.


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