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Results: 1-10 of 14

New law expands scope of Iran sanctions in new ways

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • Iran, USA
  • -
  • February 14 2013

As the new year brings in a new term for the Obama Administration, the pace of Iran sanctions shows no sign of slowing. As we reported in October and

New U.S. sanctions on Iran target shipping, shipbuilding, insurance, and trade in metals by non-U.S. companies

  • Chadbourne & Parke LLP
  • -
  • Iran
  • -
  • January 4 2013

The United States has enacted a new round of sanctions on Iran targeting non-U.S. companies that are conducting business with Iran related to shipping

Insurance: Iran sanctions

  • CMS Cameron McKenna
  • -
  • European Union, Iran
  • -
  • October 23 2012

Last week saw the Council of the EU strengthen its position on Iran in the wake of similar US measures over the summer

The Iran Threat Reduction Act insurers and reinsurers beware

  • Eversheds LLP
  • -
  • Iran, Syria, USA
  • -
  • September 27 2012

The Iran Threat Reduction and Syria Human Rights Act, the latest in an ever expanding arsenal of US-based long-arm jurisdiction statutory instruments, was passed into law on 10 August 2012, following extensive negotiation in the US legislature

United States increases sanctions against Iran

  • Reed Smith LLP
  • -
  • Iran, USA
  • -
  • July 13 2012

On 12 July 2012, the United States Treasury’s Office of Foreign Assets Control made some important shipping-related changes to its Iran sanctions regime

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

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

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 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

A consensus emerges on Iranian sanctions: compliance may be easier for global insurers

  • Edwards Wildman Palmer LLP
  • -
  • Iran
  • -
  • July 30 2010

The enactment of the Comprehensive Iran Sanctions, Accountability and Divestment Act of 2009 (the "Iran Sanctions Act"), signed by President Obama in the first week of July, threatened the status quo regarding the insurance and reinsurance by international insurance firms of risks relating to the Iranian petroleum industry, including cargos of oil and petrochemical equipment

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