We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 377

Important OFAC Iran FAQ Update provides clarity on US dollar processing and due diligence
  • Clyde & Co LLP
  • Iran, USA
  • October 10 2016

On 7 October 2016 OFAC issued an update to its "Frequently Asked Questions Relating to the Lifting of Certain U.S. Sanctions Under the Joint


Post-Election Outlook - Key Issues Affecting Insurers
  • Kramer Levin Naftalis & Frankel LLP
  • European Union, Iran, USA
  • November 21 2016

Donald Trump's election to the presidency, together with Republican retention of control of both houses of the 115th Congress, could signal


Aon Energy settles with OFAC after alleged sanctions violations
  • Locke Lord LLP
  • Iran, USA
  • February 15 2011

Aon International Energy, Inc. ("Aon Energy") has entered a $36,000 settlement with the Office of Foreign Assets Control ("OFAC") after allegations that the broker violated the Iranian Transactions Regulations


Risk Matters: Highlighting topical issues for the Insurance Sector
  • CMS Cameron McKenna
  • Iran, United Kingdom, USA
  • May 27 2016

The Insurance Act 2015 will come into force on 12 August 2016 with the majority of its provisions applying to insurance contracts entered into after


Framework agreement with Iran unclear as to when and which sanctions will be lifted; stepped up enforcement to continue after record sanctions fines
  • Arnold & Porter Kaye Scholer LLP
  • China, France, Germany, Iran, Russia, United Kingdom, USA
  • April 13 2015

In what may represent a sea change in US-Iran relations, on April 2, 2015, Iran and the United States, along with the United Kingdom, France, Russia


Insurance: economic sanctions against Iran
  • CMS Cameron McKenna
  • European Union, Iran, United Kingdom, USA
  • January 26 2016

The recent relaxation of sanctions against Iran opens up opportunities in a potentially significant market for London Market (re)insurers


Insurer settles alleged sanctions violations with OFAC
  • Sidley Austin LLP
  • Cuba, Iran, North Korea, Sudan, USA
  • August 28 2015

On August 6 2015 the US Department of the Treasury's Office of Foreign Assets Control (OFAC) announced a $271,815 settlement with a US-based company


EU Ends Economic and Financial Nuclear-Related Sanctions against Iran, but Some Limitations Remain
  • Pillsbury Winthrop Shaw Pittman LLP
  • European Union, Iran, USA
  • January 19 2016

With the arrival of "Implementation Day" on January 16, 2016, the EU has lifted all economic and financial sanctions related to the Iranian nuclear


An update on the lifting of sanctions against Iran
  • DWF LLP
  • European Union, Iran, USA
  • March 18 2016

With Iran’s impressive oil and gas output, the marine and energy sectors are regarded as important areas of focus for Insurers and Reinsurers. As a


Iran sanctions: guidance for insurers, reinsurers and brokers, February 2016
  • Holman Fenwick Willan LLP
  • Iran, USA
  • February 23 2016

Insurers, reinsurers and brokers will be looking carefully at the latest Iran sanctions developments to see whether the sanctions relief presents an