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Results: 1-10 of 36

EU designated new persons and entities, and agreed for more sweeping sanctions against Iran

  • Hogan Lovells
  • -
  • European Union, Iran
  • -
  • December 2 2011

In light of the latest findings of the International Atomic Energy Agency of the United Nations on Iranian activities relating to the development of military nuclear technology, the European Union further reinforced its sanctions regime against Iran

EU terminates (re)insurance for Iranian petroleum imports, purchases, or transport on July 1, 2012

  • Steptoe & Johnson LLP
  • -
  • European Union, Iran
  • -
  • June 29 2012

On June 25, 2012, the Foreign Affairs Council (Council) of the European Union (EU) published a press-release stating that it will not renew an exemption, scheduled to end July 1, 2012, for the provision by EU insurers and (re)insurers, of environmental and third party liability coverage for the transport, import, or purchase of Iranian crude oil and petroleum products destined to non-EU countries

European Union announces adoption of stricter sanctions vs. Iran

  • Gibson Dunn & Crutcher LLP
  • -
  • European Union, Iran
  • -
  • January 30 2012

On January 23, 2012, the Council of the European Union agreed to impose additional restrictive measures against Iran in the range of industrial sectors, inter alia: in the energy sector, including an embargo of Iranian crude oil imports to the EU; in the financial sector, including against the Central Bank of Iran; in the transport sector; additional export restrictions on gold and on sensitive dual-use goods and technology; as well as additional designations of specific persons and entities

EU sanctions against Iran - extended for insurers, reinsurers and brokers

  • Herbert Smith Freehills LLP
  • -
  • European Union, Iran
  • -
  • April 2 2012

The EU's on-going concern about Iran's nuclear program has led to the implementation of further measures designed to bring economic pressure to bear upon the Iranian regime

Sanctions against Iran

  • Florence Rostami Law LLC
  • -
  • European Union, Iran, USA
  • -
  • June 1 2012

Although American entities involved with trade of IT technology should do their due diligence on their partners, especially international partners, for compliance with the U.S. and the E.U. sanctions against Iran, they should closely follow recent developments that may change the situation

Iran sanctions update

  • Eversheds LLP
  • -
  • European Union, Iran, Syria
  • -
  • February 15 2012

In our previous note “Export control and sanctions guidance” published in our e-briefing dated 18 January 2012 we provided information relating to the impact of EU sanctions on Iran, in particular, the extent of such sanctions, to whom they apply and the penalties for breach

EU implements additional sanctions on Iran

  • Baker & McKenzie
  • -
  • European Union, Iran
  • -
  • January 9 2013

On 22 December 2012, the EU implemented additional sanctions measures on Iran, notably introducing additional product and sector specific controls on the

EU defines scope of expanded Iran sanctions, including new natural gas, metals and vesselstankers bans

  • White & Case LLP
  • -
  • European Union, Iran
  • -
  • January 10 2013

On 21 December 2012, the Council of the European Union (EU) adopted the EU-wide legislation clarifying important details of the expanded sanctions

Insurance of ships using bunker oil produced from Iranian crude may not violate sanctions

  • Edwards Wildman Palmer LLP
  • -
  • European Union, Iran, USA
  • -
  • February 4 2013

On January 29, 2013, the International Group of P&I Clubs (IGP&IC) released Frequently Asked Questions relating to Council Regulation (EU) No

EU sanctions on Iran

  • Hogan Lovells
  • -
  • European Union, Iran
  • -
  • August 9 2010

On 26 July 2010, the European Union ("EU") adopted a set of new wide-reaching sanctions against Iran, which are of particular interest to companies in the financial services (including insurance), oil and gas, and transportation sectors