United States Increases Sanctions against Iran

more+
less-

On 12 July 2012, the United States Treasury’s Office of Foreign Assets Control (OFAC) made some important shipping-related changes to its Iran sanctions regime. These changes consist of significant additions to the SDN list.

The aim of these additions is twofold: firstly to continue to target Iran’s nuclear and missile proliferation activities, and secondly to prevent the circumvention of international sanctions by publicly identifying front companies, ships and banks which are considered fronts for, or agencies of, the Government of Iran.

Please see full Alert below for further information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

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.

© Reed Smith | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×