28 June 2010
The UAE Central Bank has told all financial institutions in the UAE including banks to freeze 41 accounts and stop remittances in the names of entities and individuals mentioned by the UN Security Council based on its Resolution 1929 on Iran connection.
In a circular, the Central Bank has stated that the move was "based on the Resolution 1929 (2010) adopted by the UN Security Council".
The UAE Central Bank has told all financial institutions in the UAE including banks to freeze 41 accounts and stop remittances in the names of entities and individuals mentioned by the UN Security Council based on its Resolution 1929 on Iran connection.
In a circular, the Central Bank has stated that the move was "based on the Resolution 1929 (2010) adopted by the UN Security Council".
By CL Jose
© Emirates Business 24/7 2010
