Last week, the US published guidance to help prevent companies from contributing to Iran’s Unmanned aerial vehicle (UAV) programs, including via direct and indirect transfers to third-country suppliers (notice). The guidance: outlines key commodities sought by Iran, including electronics, navigation equipment, and components; summarises the relevant US sanctions, export controls, and penalties; and explains what “effective compliance programs” should look …
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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 &...