2015 Year-in-Review: New Developments in U.S. Sanctions
2015 brought new opportunities and new challenges in the sanctions world. The most interesting developments, however, start and end with…
Are US Companies at Peak Interest in Iran?
While U.S. law continues to prohibit most activities involving Iran, U.S. companies will remain even more put-off by the perceived…
Congress Sets Its Sights on Iran
Keen on limiting the impact of sanctions relief for Iran’s Revolutionary Guards Corps (“IRGC”), as well as any broader outreach…
Compliance for Trade Brokers under the ITSR: When is an OFAC License Required?
The Iranian Transactions and Sanctions Regulations ("ITSR") administered by the United States Department of the Treasury's Office of Foreign Assets…
Iranians Can Breathe Easier- Literally
OFAC’s Basic List of Medical Supplies is getting a lot less basic. Yesterday, OFAC issued an updated List of Basic…
Guidance on Iran Sanctions Relief is Coming Sooner Than Later
I’ve been getting a lot of questions recently as to when we can expect OFAC to start issuing guidance related…
Europe’s Major Banks Stay Away from Iran
Surprise, surprise – major European financial institutions are not so hot on the Iranian market. Last week, a British trade…
Gov. Hutchinson Goes to Havana
While several U.S. states push additional state divestment and selective procurement sanctions on Iran – despite the advent of the…
More Sanctions Trouble at Standard Chartered
What is going on at Standard Chartered? Following significant penalties from U.S. authorities in 2012 and in 2014 alike, as…
Carly Fiorina & The Trials of Foreign Subsidiaries Doing Business in Iran
Who knew with both the advent of a nuclear accord between the U.S., other major world powers, and Iran and…