When announced, money only divided region (7)
I believe the answer is:
kashmir
'region' is the definition.
(Kashmir is an example)
'when announced money only divided' is the wordplay.
I cannot really see how this works, but
'when' could be 'as' (eg 'when I walked' means 'as I walked') and 'as' is found in the answer.
'money' could be 'm' (abbreviation in economics) and 'm' is located in the answer.
This explanation may well be incorrect...
Can you help me to learn more?
(Other definitions for kashmir that I've seen before include "disputed region of Asia" , "Territory disputed between India and Pakistan since 1947" , "Himalayan territory" , "Himalayan region" , "Subcontinental border region" .)