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

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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