News & Analysis as of

Foreign Policy

Client Alert: Iran Sanctions Return

1. All sanctions on Iran that were in place before January 2016 will be re-imposed no later than November, 4 2018. 2. Secondary sanctions that penalize non-U.S. persons doing business with Iran will be reinstated. 3....more

Turning Back the Clock – OFAC Plans to Reimpose Iran Sanctions Program

by Michael Volkov on

Just as businesses were growing or planning to grow into Iran, they had the proverbial rug pulled out from under them. Last week, on May 8, 2018, the administration announced its intention to withdraw from the Joint...more

Impact of U.S. Withdrawal from the Iran Nuclear Deal

by Jones Day on

The Situation: On Tuesday, May 8, 2018, President Trump announced that the United States has withdrawn from the Iran Nuclear Deal and will fully reimpose its suspended sanctions targeting Iran. The Result: All currently...more

How Will the United States’ Withdrawal From the Iran Nuclear Accord Affect the Aviation Industry?

by Holland & Knight LLP on

On May 8, President Trump announced that the United States is withdrawing from the multilateral nuclear accord with Iran known as the Joint Comprehensive Plan of Action (JCPOA). The U.S. will reimpose sanctions suspended...more

Reinstatement of Iran Sanctions Following U.S. Withdrawal From Iran Nuclear Agreement: Five Crucial Points

Crucial Points - Previously Lifted or Waived Sanctions Measures Coming Back Into Effect: On May 8, 2018, the U.S. President terminated U.S. participation in the Iran nuclear agreement. As a result, U.S. Iran-related...more

Top 10 Things to Know About President Trump’s Decision to Withdraw from the Iran Nuclear Agreement

by Latham & Watkins LLP on

Withdrawal from the JCPOA will lead to re-imposition of several categories of US sanctions. On May 8, 2018, President Trump announced that the United States will withdraw from the Joint Comprehensive Plan of Action...more

US Reimposes Nuclear Sanctions against Iran (IRB No. 575)

On May 8, 2018, President Trump announced that the United States is pulling out of the Joint Comprehensive Plan of Action (“JCPOA”). The announcement will result in the reimposition of the sanctions that were lifted or waived...more

What U.S. Companies Need To Know About The Withdrawal From The Iran Nuclear Deal And Renewed Sanctions

by Fox Rothschild LLP on

President Trump announced on May 8, 2018 that the United States is withdrawing from the Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA). As a result of the withdraw, the U.S. government will...more

The Weekly Hill Update

by BakerHostetler on

HEADLINES - Foreign policy is likely to lead headlines this week, as President Trump plans to decide whether the U.S. will remain in President Obama’s Iran nuclear deal, and he may also announce specifics on a plan to meet...more

President Trump Announces U.S. Withdrawal from JCPOA; U.S. Sanctions on Iran will be Re-imposed Following Wind-Down Periods

• The U.S. government has withdrawn from the Iran Nuclear Deal and reverted sanctions to the status quo ante by re-imposing secondary sanctions that restrict non-U.S. persons from engaging in a broad range of business in...more

United States' Withdrawal From "Iran Deal" Will Reimpose Sanctions

by Jones Day on

On May 8, 2018, President Trump announced that the United States would cease participating in the Joint Comprehensive Plan of Action ("JCPOA"), commonly known as the Iran Deal. This will reimpose, by no later than November 5,...more

Meltdown of the Iran Nuclear Deal—Sanctions Update

On May 8, 2018, President Donald Trump announced that the United States would no longer participate in the Joint Comprehensive Plan of Action (JCPOA), the international agreement regarding Iran’s nuclear activities and...more

US to re-impose sanctions on Iran as it withdraws from the Joint Comprehensive Plan of Action

by DLA Piper on

US President Trump has announced that the United States will withdraw from the Joint Comprehensive Plan of Action (JCPOA). President Trump signed a presidential memorandum directing his Administration to immediately begin the...more

The U.S. Will Reimpose Sanctions on Iran: What Companies Need to Know

by Holland & Knight LLP on

• The United States is withdrawing from the multilateral nuclear accord with Iran known as the Joint Comprehensive Plan of Action (JCPOA). • The U.S. sanctions waived by President Barack Obama under the JCPOA will be...more

Trump Announces Withdrawal from Iran Nuclear Deal – What it May Mean for Iranian Business Operations

by Varnum LLP on

Yesterday, on May 8, 2018, President Trump announced his decision to withdrawal the U.S. from the Joint Comprehensive Plan of Action (JCPOA)....more

The United States will Withdraw from the Iran Nuclear Deal and Fully Re-impose Nuclear Sanctions on Iran Within 180 Days

by Kelley Drye & Warren LLP on

President Trump announced that the United States will exit the multilateral Iran nuclear deal and fully re-impose sanctions on Iran. After the announcement, the Office of Foreign Assets Control (OFAC), the agency responsible...more

Cuba-U.S. Relations: The Rapprochement Slows Down Under The Trump Administration

Soon after Fidel Castro overthrew the government of Cuba to found a communist state in 1959, Cuba began nationalizing U.S-owned properties in Cuba. In response, the U.S. implemented trade restrictions, closed its embassy in...more

U.S. Bans Venezuela’s Oil-Backed Virtual Currency, “Petro,” and Announces Plans to Publish SDNs’ Virtual Currency Addresses

by Ballard Spahr LLP on

Last week, President Donald Trump issued an Executive Order banning “all transactions” and “dealings” by any individual or entity in the United States that involve “any digital currency, digital coin, or digital token” issued...more

Jack Sharman discusses Rick Gates Plea on The 11th Hour with Brian Williams

Lightfoot partner Jack Sharman discusses the Rick Gates plea on MSNBC's "The 11th Hour with Brian Williams." ...more

DDTC and BIS Solicit Comments Regarding Controls over Explosives, Personal Protective Equipment, and Military and Intelligence...

• DDTC and BIS have published concurrent NOIs requesting public comments on the controls over the export and reexport of explosives, personal protective equipment, and military and intelligence electronics. (By volume and...more

Lurches, Leaps, Feints, and Flops: Movements Without Motion in Russian Sanctions Policy

Since the U.S. Government determined that Russia interfered in the 2016 election, movement around Russia sanctions policy has been vigorous, if not unidirectional. In 2016, the United States implemented twice sanctions...more

Venezuela Debt Restructuring – Sanctions Compliance

As parties pursue restructuring of Venezuelan sovereign debt, they should be sensitive to U.S. economic sanctions prohibitions. The sanctions prohibitions broadly apply to "U.S. persons" – U.S. citizens and permanent...more

Sanctions Updates: Cuba, North Korea, Russia, Sudan, Venezuela

by Michael Volkov on

Sanctions compliance is challenging because of the changing nature of sanctions regulations and individuals identified as Specially Designated Nationals. With each new administration, foreign policy priorities are usually...more

Revised U.S. Regulations Support Cuba's Private Sector, but Travel Restrictions Remain

by Jones Day on

The Situation: Regulations implementing tightened U.S. policy towards engagement with Cuba have rolled back a number of Obama-era initiatives and are effective immediately. The Result: Provisions that encourage Cuban...more

U.S. Government Takes Steps Toward Implementation of Sanctions on Russia

by Jones Day on

The United States has taken significant steps toward fully implementing the sanctions imposed on Russia pursuant to the Countering America’s Adversaries Through Sanctions Act of 2017, which codifies and strengthens certain...more

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Cybersecurity

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