HomeWorldAmericaGreece says it is implementing sanctions linked to Iran

Greece says it is implementing sanctions linked to Iran

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ATHENS, Oct ‌22 (Reuters) - The Greek finance ministry ​said on Thursday it was implementing sanctions ⁠in place linked to Iran and that it backed efforts to effectively ​combat money laundering and the financing ‌of terrorism.

The statement comes after the US Treasury Department said on Wednesday it imposed ⁠sanctions on Karnakis & Karnakis, ⁠a law firm based in Greece and Panama, saying it had for years provided legal assistance to Iranian ‌shipping networks.

The Treasury also said that ⁠the US Financial Crimes ‌Enforcement Network issued an ​administrative subpoena to advance an investigation into a Greek bank, which it ‌did not name.

The Greek ​finance ministry ⁠said it had taken note of ‌the US Treasury ⁠statement, adding that "all available information is being evaluated, and appropriate measures are ​being taken in ‌accordance with established procedures and applicable ⁠national, EU, and international ​law."

(Reporting by Angeliki Koutantou; Editing ​by Aidan Lewis)

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