The British government has announced that it will not extend the exemptions that allow Iranian banks to operate in London; A decision that could actually lead to the cessation of the activities of the National Bank of Iran branch in London.

The British government has announced that it will not extend the exemptions that allow Iranian banks to operate in London; A decision that could actually lead to the cessation of the activities of the National Bank of Iran branch in London.

The Wall Street Journal reported that the British license of the National Bank branch must be renewed next month, and the cancellation of the exemptions may prevent its continued activity.

This decision was announced after the trip of Jonathan Burke, the US Treasury's deputy for assassination financing, to London and his meeting with British Foreign and Treasury officials.

In recent weeks, Washington has stepped up pressure on Iran's business partners, the United Arab Emirates has restricted the Iran-related activities of Bank Mali branches, and Turkey has revoked the license of Bank Malat.