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Jammal Trust Banks under US Sanctions

The Lebanon-based bank has been designated under allegations of facilitation of payments to suicide bombers families linked to terrorist attacks performed by Hezbollah.

The US Secretary of State Mike Pompeo noted the USA commitment to prevent the economic support to such organisation, noting that the Bank undermined the Lebanese financial industry with its poor behaviour.

Other designations were set as part of the funds blocking project.

Source

https://uk.reuters.com/article/uk-usa-sanctions/u-s-sanctions-lebanons-jammal-trust-bank-for-financial-ties-to-hezbollah-idUKKCN1VJ2GP

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Jaime Prieto

Mr. Jaime Prieto is a lawyer experienced in Financial Crime, Anti-Money Laundering and Counter Terrorism Financing having extensive professional experience in both public and private sectors. Mr. Prieto has been a Head of Compliance in the European Union, the Americas and the Caribbean for banks, trust companies, asset managers, Big Four audit and advisory firms, RegTechs, government agencies and other types of financial professionals. In addition to his experience, he has been legal and educational chair in several compliance and sectorial organisations and performed as a teacher and speaker for a number of organisations and in several local and international forums. Furthermore, Mr. Prieto is an experienced Money Laundering Reporting Officer anda Data Protection officer with additional experience in risk management.
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