Law360, New York (May 01, 2012, 7:50 PM ET) -- The U.S. Treasury Department can now publicly identify individuals and firms dodging U.S. sanctions on Iran and Syria after a new executive order signed by President Barack Obama on Tuesday that would bar such evaders from the U.S. financial and commercial systems.
The order would boost the Treasury Department’s authority to tighten American sanctions on the two countries and would restrict foreign individuals and firms from violating such sanctions against the countries or enabling such deceptive transactions, the department said in a statement.
“The foreign sanctions...
Treasury To Identify Iran, Syria Sanctions Dodgers
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