EU Responds to the Snap-Back of US Sanctions Against Iran: Between a Rock and a Hard Place

In light of the EU’s recent amendments to its long-standing blocking measure, EU operators will need to weigh the consequences of failing to comply with their contradicting obligations under US and EU law.

How has the EU responded?

The updated EU Blocking Statute (Council Regulation (EC) No 2271/96) came into force on August 7, 2018, when the EU Commission (the Commission) adopted Commission Delegated Regulation (EU) 2018/1100 amending the Annex to the Blocking Statute.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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