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Iran Sanctions Bill May Get Tough Provisions Aimed at Correspondent Banks
By Colby Adams
printU.S. lawmakers will likely move to strengthen restrictions on correspondent accounts in the reconciled version of an Iran sanctions bill expected to pass the Senate by June, say congressional sources. Lawmakers in both the House and Senate will try to add measures authored by Sen. Mark Kirk (R-IL) to the conference version of the Iran Sanctions, Accountability and Human Rights Act, a bill that would extend asset freezes to the corporate officers of firms sanctioned under the Iran Sanctions Act, among other provisions, a House staffer said. "We expect it to go to conference sometime in May, right after the...
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