Implementation Day – the day when a range of sanctions against Iran are due to be lifted – is now thought to be imminent. The publication of further US and EU guidelines and responses to FAQs on the sanctions is also expected in the coming days. Almost six months following the signature of the Joint […]

The London office of Reed Business Information sold critical data that helped sanctioned banks funding chemical and nuclear weapons in Syria and Iran make complex international transactions. A BuzzFeed News Investigation unravels the web. The Middle East salesman had been wrestling with his conscience for more than a month when the barrel bombs broke and […]

IRAN SANCTIONS – PROPOSALS ANNOUNCED FOR RELAXATION OF US AND EU RESTRICTIONS On April 2, 2015 representatives from the US, EU and Iran announced that, following extensive negotiations, the “P5+1” (China, France, Germany, Russia, the UK and the US) and Iran had agreed parameters (the “Parameters”) for a joint comprehensive plan of action regarding Iran’s […]

On April 2, 2015 representatives from the US, EU and Iran announced that, following extensive negotiations, the “P5+1” (China, France, Germany, Russia, the UK and the US) and Iran had agreed parameters (the “Parameters”) for a joint comprehensive plan of action regarding Iran’s nuclear program (the “JCPOA”). Whilst the final provisions of the JCPOA have […]

In January 2014, the P5+1 (China, France, Germany, Russia, the UK and the US) agreed a six month suspension of EU and US sanctions against Iran as part of the Geneva Joint Plan of Action (the “JPoA”).  It was announced on 21 July 2014 that the JPoA will be extended until 24 November 2014 to […]

Standard Chartered is facing a new penalty from the authorities in the United States over money laundering, less than two years after being fined more than $600 million for breaking sanctions with Iran. The lender, which focuses on emerging markets, said that it was in “active discussions” with the New York State Department of Financial […]

In January 2014, the P5+1 (China, France, Germany, Russia, the UK and the US) agreed a six month suspension of EU and US sanctions against Iran as part of the Geneva Joint Plan of Action (the “JPoA”). It was announced on 21 July 2014 that the JPoA will be extended until 24 November 2014 to […]

In November 2013, the P5+1 reached agreement on a Joint Plan of Action (JPoA) to suspend certain sanctions in exchange for Iran rolling back aspects of its nuclear programme. On Monday 20 January 2014, the JPoA came into effect.  The EU enacted Council Regulation 2014/42 (the “Implementing Regulation”), which suspends relevant measures for a six […]