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Insurers risk US asset freezing under new Iran sanction rules

fraud handcuffs

Insurers could be subject to freezing of any US assets if they contravene new US sanctions on Iran which came into force at the start of this week.

The rules allow US authorities to apply a range of penalties from barring US visas for corporate officers and restricting US banks from providing loans in excess of $10m to a full blocking of any

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