By Maya Lester KC & Michael O’Kane

US amended Iran sanctions guidance

Last month, the US revised its guidance on its Iran sanctions (link here) to state that: 1) Transactions between foreign entities and non-sanctioned entities that are minority owned, or controlled in part by an Iranian or Iran-related SDN are “not necessarily sanctionable” under US law.  OFAC recommends caution in respect of those transactions, to ensure that they do not directly…...

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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