News

U.S. officials froze a $1 billion transaction that Burmese military leaders attempted to conduct from an account that Myanmar's central bank holds at the Federal Reserve in New York after toppling the country's elected government last month, Reuters reported. More Singapore's central bank warned financial institutions to closely scrutinize transactions to and from Myanmar following the Feb. 1 coup, Reuters reported. More The U.S. Treasury Department's Office of Foreign Assets Control is considering blacklisting the head of Lebanon's central bank, Riad Salameh, after he allegedly embezzled millions of dollars from the institution, Bloomberg reported. More The State Department banned Igor...