Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
Expanded sanctions related to the Syrian civil war
The U.S. Treasury’s OFAC sanctioned the Central Bank along with other Syrian entities and individuals, citing its role under the Assad government during the civil war.
2004
U.S. money-laundering designation
The United States designated the Central Bank under Section 311 of the USA PATRIOT Act, alleging money-laundering concerns and restricting its access to the global financial system.