EU threatens to “block” US sanctions on Iran if reimposed

The EU’s ambassador to the US has warned President Trump’s administration that the EU is prepared to block US sanctions on Iran if the US pulls out of the JCPOA nuclear deal. Under the EU’s “blocking regulation”, EU-based companies may be prohibited from complying with extraterritorial US sanctions in certain circumstances, effectively giving them legal protection from the sanctions. Since...

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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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