The latest Money Laundering Risk Index from the Basel Institute on Governance has awarded its top spot to Iran for the third consecutive year.
Allen & Overy and Freshfields Bruckhaus Deringer have advised on the creation of the biggest bank in the MENA region.
The global firm has formalised its strategic alliance with Kabul-based firm Kakar Advocates.
The new office will be the firm's first venture into the Middle East.
Iran is back in the media again but this time it is for promoting business and attracting and welcoming foreign investors, says Shahrzad Atai who heads up Child & Child's Middle East practice.