Iran's Use of 2 UK Banks to Evade Sanctions Tests West's Financial Systems

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Tom Keatinge, founding director of the Centre for Financial Crime and Security Studies (CFCS) at the RUSI think tank, said having been subjected to Western sanctions for decades, Tehran has had a long time to fine-tune techniques that involve setting up different shell companies and take advantage of sympathetic individuals who could provide necessary corporate and legal services to them to help them evade sanctions.