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EU Lawmakers to Review ‘Disturbing’ Talks Between US Officials and European Banks on Iran Transactions
printThe disclosure that U.S. officials have solicited and directly received data from foreign banks on transactions tied to Iran is spurring talks among European lawmakers, according to Alexander Alvaro, an EU Parliament supervisor. The arrangements, first reported by ACAMS moneylaundering.com, netted information on international transactions even when the clients involved weren't the subject of sanctions, a former U.S. Treasury Department official said earlier this month. American officials both solicited the arrangements and were offered the data by at least one bank, according to diplomatic cables published by Wikileaks. Alvaro, who supervises the Parliament's Terrorist Finance Tracking Program, or TFTP, recently...
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