As reported in our client alert in December 2013, the "Joint Plan of Action" reached between the E3+3 and Iran in November 2013 envisaged a two-step process in relation to relief from international trade sanctions.

Four years after the building was stormed by protestors, the foreign secretary Philip Hammond has reopened the British embassy in Tehran, Iran.

OFAC issued a new FAQ concerning travel and donation transactions related to the Imam Reza Holy Shrine in Mashhad, Iran.

OFAC issued a general license authorizing certain humanitarian trade transactions with the Central Bank of Iran ("CBI") and added a related FAQ.

In our alert of 8 July, we reported that the P5+1 and Iran had announced the extension of the Joint Plan of Action Relief Period (the JPOA Relief Period) to today, 10 July 2015.

Iran has said that it has begun loading fuel into the core of the Bushehr nuclear plant. According to the press the EU's High Representative for Foreign Affairs, Catherine Ashton, will enter into talks with Iran, on 5 December, over its nuclear programme.

On 24 November 2013, the E3/EU+3, together with Iran, agreed the Joint Plan of Action ("JPOA"), which relaxed some of the sanctions imposed against Iran by the EU and the United States.

The P5+1 and Iran have announced that the Joint Plan of Action, which was due to expire tomorrow, has been extended until 7 July 2015.

After years of economic stagnation Iran is preparing for the post-sanctions era following the historic Joint Comprehensive Plan of Action.

On July 18, 2017, for the fifth time in President Trump's brief six months in office, his Administration added still more Iranians to the US list of Specially Designated Nationals (SDNs).

In light of continuing negotiations between the E3+3 and Iran, an agreement has been reached to extend all of these measures to 24 November 2014.

On 26th July 2010 Clyde & Co LLP published an article setting out the new Iran sanctions that had been adopted by the European Union Foreign Affairs Council.

Sanctions on Iran have been around, and on more than off, for many years. Thanks to geopolitical tensions in the Middle East and the memory of the 1979 hostage crisis, most Americans recognize...

Banks have been dropping customers who have business ties with Iran

On January 10, 2020, President Trump issued a new Executive Order (the New EO) expanding secondary sanctions against the construction, mining, ...

Yesterday, the P5+1 together with Iran, announced the extension of the Joint Plan of Action Relief Period for seven days to continue negotiations of a comprehensive solution.

The Treasury Department's Office of Foreign Assets Control (OFAC) implements and enforces US economic sanctions.

On November 5, OFAC re-designated over 700 individuals, entities, aircraft, and vessels linked to Iran, against whom secondary sanctions had previously been lifted pursuant to the JCPOA.

President Trump announced that the United States would withdraw from the Joint Comprehensive Plan of Action (JCPOA) on 8 May 2018.

On 8 May 2018, President Trump announced that the United States would withdraw from the Joint Comprehensive Plan of Action ("JCPOA").