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Iran deal takes sanctions compliance into unfamiliar territory

The Iranian nuclear deal should reopen the country to the international financial system – but banks will be unlikely to rush in

iran-tehran-skyline-2015
The Iran question: how will banks react to the lifting of sanctions?

Iran has been 18 months away from a nuclear weapon for the last 20 years; at least, this is what many US commentators have persistently argued. In July, the signing of a comprehensive agreement on nuclear research between Iran, the US, the UN, and other nations may have finally restricted the country to civil nuclear research and engineering only. In return, after the deal has been implemented and

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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