UK Treasury Imposes Ban on Iran-Backed Hezbollah Terrorist Group, Orders Asset Freeze
January 18, 2020
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The United Kingdom has joined the United States in banning the Iran-backed terrorist group Hezbollah in its entirety. The decision taken by the UK Treasury on Friday will lead to the freezing of all assets belonging to the Lebanon-based terrorist organization. The "failure to comply with financial sanctions legislation" or seeking to "circumvent its provisions" will be regarded as criminal offences, the UK Treasury said in a statement.