Weekly Roundup: Turkey Approves Terror Finance Bill, EU Court Lifts Sanctions on Iran Bank, and More

Turkey's Parliament approved a new counterterrorist financing bill that will help the nation avoid suspension by the Financial Action Task Force, Reuters said Thursday. The bill allows suspected terrorist funds to be frozen, and includes a number of penalties for terrorist-related offences. FATF told Turkey at its previous plenary the nation risked expulsion from the group if it did not strengthen counterterrorist measures by Feb. 22. More HSBC's Dubai-based branch will no longer offer banking services to Middle Eastern clients with less than approximately $27,225 in their accounts, Reuters reported on Thursday. Customers started receiving letters in February on the...