OFAC amends Iran sanctions regulations to reflect new E.O. on metal sector

OFAC is amending the Iranian Financial Sanctions Regulations to implement Executive Order 13871, which imposed sanctions on Iran’s iron, steel, aluminium, and copper sectors (see post). Additionally, the heading “Iranian Human Rights Sanctions Regulations” has been renamed the “Iranian Sector and Human Rights Abuses Sanctions Regulations“. Several new FAQs have been published. The regulations take effect today, 7 August 2019. …

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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