US Supreme Court rejects challenge by Turkey’s Halkbank to prosecution
NegativeFinancial Markets

The US Supreme Court has turned down a challenge from Turkey's Halkbank regarding its prosecution for alleged financial crimes. This decision is significant as it upholds the legal actions against the bank, which has been accused of facilitating a scheme to evade US sanctions on Iran. The ruling reinforces the US government's stance on enforcing sanctions and could have broader implications for international banking practices.
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