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On August 10, 2012, President Obama signed the Iran Threat Reduction and Syria Human Rights Act of 2012 (the Act) that significantly tightens sanctions against Iran and companies that help Iran develop its energy resources or advance its nuclear program
On February 2, the U.S. Senate Banking Committee approved by unanimous voice vote the Johnson-Shelby Iran Sanctions, Accountability and Human Rights Act of 2012
If a bank, insurance company, broker or other financial institution does international business, it should carefully examine new regulations that came into effect on August 16, 2010
