# Iranian shadow-banking networks

Type: Company

Source: Legal & RegTech Intelligence Brief — https://getlegalbrief.com/entity/iranian-shadow-banking-networks
Canonical HTML page: https://getlegalbrief.com/entity/iranian-shadow-banking-networks

## Timeline

- **2026-08-28**: U.S. Treasury identifies Banque Misr UAE branch — Treasury said the Emirati branch of Egyptian state-owned Banque Misr accessed U.S. correspondent accounts and routed up to $1.8 billion for companies potentially part of Iranian shadow-banking networks; it said it would move to cut the branch off.

## Recent coverage (1 stories)

### Treasury $1.8B Banque Misr Move Raises U.S. Bank Compliance Risk
2026-09-07 00:13:29 · Sentiment: Neutral · Impact: 7/10 · Sources: 2

The U.S. Treasury's Aug. 28 designation of Banque Misr's UAE branch over $1.8B in possible Iranian shadow-banking flows puts a sharp legal focus on U.S. correspondent banks' sanctions-compliance duties. The case highlights how third-party correspondent relationships can expose American institutions to enforcement risk even absent direct knowledge. Legal teams must review due-diligence, SAR, and OFAC screening obligations.
Full story: https://getlegalbrief.com/story/iranian-funds-us-banks-legal-sanctions-liability

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