By Maya Lester KC & Michael O’Kane

OFAC issues FAQs on sanctions on Iranian sectors of the economy

OFAC has published new FAQs relating to Executive Order (E.O.) 13902, which provides for targeted sanctions against those determined to be operating in the construction, mining, manufacturing, and textiles sectors of the Iranian economy, and against people/entities providing material/financial/technological support or goods/services to a designated person under the E.O., including foreign financial institutions. Notice. The FAQs provide: Definitions of each …

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About Maya Lester KC

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human...

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