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U.S. Rejects European Requests for Exemptions to Iran Sanctions
  • Steptoe & Johnson LLP
  • USA, European Union, Iran
  • July 17 2018

Since President Trump’s announcement, on May 8, that the United States would withdrawal from the Joint Comprehensive Plan of Action (“JCPOA”) and

International Firms Caught Between U.S. Iran Sanctions and EU Blocking Statute
  • Venable LLP
  • USA, Global, Iran
  • July 13 2018

Multinationals might soon find themselves caught in the middle of more U.S.-EU trade tensions as the EU prepares to block the extraterritorial effects

Sanctions Round Up: Second Quarter 2018
  • Shearman & Sterling LLP
  • USA, North Korea, Russia, Venezuela, Iran
  • July 11 2018

This quarter, companies around the globe prepared to exit Iran-related business in the wake of U.S. sanctions snap-back. Meanwhile, OFAC provided a

OFAC Sanctions on Russia and Iran
  • HFW
  • USA, Russia, Iran
  • July 10 2018

Global aluminium trader United Company RUSAL PLC ("Rusal") and several other Russian tycoons, companies and allies of President Vladimir Putin1 were

United States Issues Wind-Down Authorizations for Iran-Related Transactions
  • White & Case LLP
  • USA, Iran
  • July 6 2018

Consistent with President Trump's announcement on May 8, 2018 that the United States was going to withdraw from the Joint Comprehensive Plan of Action

OFAC Revokes Iran-Related General Licenses H and I
  • Duane Morris LLP
  • USA, Iran
  • July 6 2018

OFAC added a new General License to authorize the wind down of certain transactions relating to foreign entities owned or controlled by a United

OFAC Revokes Iran General License H and Other General Licenses; State Department Threatens Sanctions Against Countries that Import Iranian Oil After November 2018
  • Baker McKenzie
  • USA, Iran
  • July 5 2018

On 27 June 2018, the US Treasury Department's Office of Foreign Assets Control (OFAC) amended the Iranian Transactions and Sanctions Regulations

U.S. Reimposes Sanctions after Withdrawal from the Iran JCPOA
  • Greenberg Traurig LLP
  • USA, Iran
  • July 2 2018

On May 8, 2018, President Trump announced his decision to withdraw the United States from the Iran Joint Comprehensive Plan of Action (JCPOA), the

Handel met Iran: update van de Blocking Regulation
  • Bird & Bird
  • USA, European Union, Iran
  • June 29 2018

Al eerder gaven wij aan dat de Europese Commissie (‘Commissie’) werkte aan een update van de zogenaamde Blocking Regulation (‘blokkeringsverordening’

OFAC Formally Rescinds General License H - Foreign Subsidiaries of U.S. Companies Must Withdraw from Iran
  • Kelley Drye & Warren LLP
  • USA, Iran
  • June 28 2018

Yesterday the Office of Foreign Assets Control (OFAC) formally rescinded General License H, requiring foreign subsidiaries of U.S. companies to wind