Last week (10 January), the US signed into law Executive Order 13902 which provided for sanctions against the construction, mining, manufacturing, and textiles sectors of the Iranian economy. A new OFAC FAQ clarifies that those engaged in transactions with respect to these 4 sectors have 90 days from the issuance of the E.O. to wind down transactions (until 9 April …
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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 &...
Iran
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