US targets Turkish entities with Iran-related sanctions

AI Summary

The U.S. Treasury Department imposed new Iran-related sanctions targeting three Turkey-based entities to curb illicit financial activities linked to Iran. A general license was also issued to permit winding down transactions with these entities.

WASHINGTON, Sept 4 (Reuters) - The U.S. Treasury Department issued new Iran-related sanctions on Friday, targeting three Turkey-based entities, according to the department's website. The entities targeted are Golden Global Portfoy Yonetimi Anonim Sirketi, Golden Global Varlik Kiralama Anonim Sirketi, and Golden Global Yatirim Bankasi Anonim Sirketi. The Treasury Department also issued a general license to allow the wind down of transactions with the sanctioned entities.