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New regulations target non-U.S. financial institutions with ties to Iran
- Sidley Austin LLP
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- Iran, USA
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- August 20 2010
On August 16, 2010, the U.S.Treasury Department’s Office of Foreign Assets Control (OFAC) issued the Iranian Financial Sanctions Regulations (IFSR) to implement the Comprehensive Iran Sanctions Accountability, and Divestment Act (CISADA), enacted on July 1, 2010
United States imposes new sanctions against Iran aimed at petroleum, petrochemical, banking and nuclear sectors
- Sidley Austin LLP
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- Iran, USA
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- November 23 2011
On November 21, 2011, the United States imposed new sanctions against Iran in response to the recent alleged plot to assassinate the Saudi Ambassador in the United States and new findings by the International Atomic Energy Agency concerning Iran’s nuclear activities
President blocks all property of Iranian government and financial institutions
- Sidley Austin LLP
- -
- Iran, USA
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- February 24 2012
President Obama has issued an executive order blocking all property of the government of Iran and Iranian financial institutions, including the Central Bank of Iran
