U.S. TREASURY'S BESSENT SAYS EXPECTS EUROPEAN PARTNERS TO SUPPORT IRAN SANCTIONS BY BLOCKING IRAN'S FINANCIERS, SHUTTERING ITS BANK BRANCHES AND UNMASKING ITS SHELL COMPANIES BESSENT: SOME U.S. SANCTIONS DESIGNATIONS ARE OBSOLETE AND OUTDATED, MAY CAUSE UNINTENDED CONSEQUENCES BESSENT: U.S. TREASURY IS REVIEWING SANCTIONS LIST TO MAKE IT EASIER FOR FINANCIAL INSTITUTIONS TO FOCUS ON MOST SOPHISTICATED TERRORIST FINANCING AND SANCTIONS EVASION SCHEMES BESSENT: COUNTRIES IN MIDDLE EAST AND ASIA

U.S. TREASURY'S BESSENT SAYS EXPECTS EUROPEAN PARTNERS TO SUPPORT IRAN SANCTIONS BY BLOCKING IRAN'S FINANCIERS, SHUTTERING ITS BANK BRANCHES AND UNMASKING ITS SHELL COMPANIES BESSENT: SOME U.S. SANCTIONS DESIGNATIONS ARE OBSOLETE AND OUTDATED, MAY CAUSE UNINTENDED CONSEQUENCES BESSENT: U.S. TREASURY IS REVIEWING SANCTIONS LIST TO MAKE IT EASIER FOR FINANCIAL INSTITUTIONS TO FOCUS ON MOST SOPHISTICATED TERRORIST FINANCING AND SANCTIONS EVASION SCHEMES BESSENT: COUNTRIES IN MIDDLE EAST AND ASIA ALSO NEED TO ROOT OUT IRAN'S SHADOW BANKING NETWORKS