Iran Sanctions: Why U.S. Authorities Are Winning Billions from Banks

Since 2012, the U.S. has aggressively pursued penalties against financial institutions found to be doing business with Iran and other blacklisted nations. The stance is the result of a shift in priorities and particular changes in the way U.S. authorities are interpreting laws, say international legal experts. Banks and other financial firms have to be sure they are in compliance, they note, as “any transaction that touches the U.S. can trigger prosecution.”

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