OFAC advises on definition of “maintenance” in Iran general licences

19 December 2019

OFAC has issued guidance in an FAQ on General Licence K as to which activities are considered “maintenance” in the conduct of Iran-related business. OFAC will consider past practices of parties to assess whether...

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Michael O'Kane

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

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