France, Germany, JCPOA, OFAC, Sanctions, UK
By: Danielle Hatch Ever since President Trump withdrew from the Joint Comprehensive Plan of Action (JCPOA) last year EU companies have felt pressure to figure out a way to keep the deal going with Iran without breaking US sanctions. The biggest issue all EU companies...
France, Germany, Iran, JCPOA, OFAC, Sanctions
By: Danielle Hatch Recently France, Germany and Britain have started working on a new channel (Special Purpose Vehicle) for non-dollar trade with Iran to avoid the newly re-imposed US sanctions on the country. Last year the United States withdrew from the Joint...
Iran, JCPOA, Sanctions, UK
By: Danielle Hatch In 2018 the US withdrew from the Joint Comprehensive Plan of Action (JCPOA) causing the US government to reimpose trade sanctions on Iran. This not only impacted US entities, but it imposed “secondary sanctions” on non-US entities who continue to...
Enforcement, Iran, JCPOA, OFAC, Sanctions, Treasury Dept
On November 5, 2018 the Office of Foreign Assets Control (OFAC) began to re-impose several sanctions on Iran related to the 180-day wind-down period and the reimposition of US sanctions that had been lifted or waived in connection with the Joint Comprehensive Plan of...
