DUBAI — The central bank of the United Arab Emirates has ordered that 41 bank accounts targeted by the new UN sanctions against Iran be frozen, a local daily newspaper reported on Monday.
In a circular sent to all banks, moneychangers, investment and finance companies operating in the UAE, the central bank also ordered the freezing of remittances to entities and individuals listed by the June 9 UN resolution, Emirates Business daily said.
This move was to conform with the resolution "regarding non-proliferation of nuclear weapons," the circular said.
However, the notice also warned against targeting accounts and remittances by entities or individuals whose names are not listed by the resolution.
The move comes a week after Dubai, home to a large Iranian community, reportedly closed 40 international and local firms in a crackdown on companies violating UN sanctions on Iran.>>>
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