U.S. Treasury sanctions Canadian firms connected to Ryan Wedding and Iran
The department says it sanctioned money services businesses in British Columbia and Ontario in co-ordination with Fintrac, Canada's anti-money laundering watchdog.
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Sanctions
Penalties such as trade bans, asset freezes or travel bans imposed by one or more countries on another country, group or person.
Sanctions are used to pressure governments without military action, with costs for both sides.
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