Brian Nelson

The Turkish financial system operates in full compliance with international obligations, the Treasury and Finance Ministry has said in a statement in response to allegations in a recent New York Times article.

The US Treasury's top terrorism financing official said on Thursday he had discussed with Turkish government officials his deep concerns about Palestinian militant group Hamas raising funds in Turkey and potentially breaking local laws.

The US Treasury Department's Office of Foreign Assets Control said on Monday that it has imposed sanctions on seven people with ties to the Russian intelligence services for their involvement in attempts to destabilise democracy and influence elections in Moldova, Ukraine and the Balkan countries.

The US Treasury Department's top sanctions official on a trip to Turkey and the Middle East next week will warn countries and businesses that they could lose US market access if they do business with entities subject to US curbs as Washington cracks down on Russian attempts to evade sanctions imposed over its war in Ukraine.

The U.S. Treasury Department has announced that it is levying sanctions against four Iranian companies that it says were involved in sending drones to Russia last month for use in Moscow's war against Ukraine.

Tehran-based Safiran Airport Services, Paravar Pars Company, Design and Manufacturing of Aircraft Engines, and Baharestan Kish Company were all hit with the new sanctions.