OFAC publishes new guidance on JCPOA

OFAC has published new FAQs on the lifting of Iran sanctions under the JCPOA. The guidance is intended to address uncertainty among financial institutions and other businesses as to what is and is not prohibited under the sanctions relief. The new FAQs (C.15 & C.16, K.14-22) say that: US financial institutions can transact with and…

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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