Category Archives: Sanctions

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President Trump’s Decertification of the Iran Nuclear Agreement: What It Means and What’s Next

한국어 번역문은 이곳을 클릭해주시기 바랍니다. HERE WE ANSWER A FEW OF THE QUESTIONS THAT YOU MAY HAVE What does decertification mean? For the time being, decertification is a solely U.S. issue. Under the Iran nuclear agreement (known as the Joint Comprehensive Plan of Action, or JCPOA), Iran agreed to limits on its nuclear program in … Continue Reading

The Table Flip: Trump, the Iran Nuclear Deal, and American Business

한국어 번역문은 이곳을 클릭해주시기 바랍니다. A President Trump will have authority to reinstate sanctions lifted by the Iran Nuclear Deal as well as revoke certain authorizations provided for business with Iran. Several economic and geopolitical factors may cause Mr. Trump to reconsider or mitigate his approach to the Iran Nuclear Deal. Companies should prepare to … Continue Reading

Those Three Little Words: OFAC’s Subtle Language Shift Could Create Sweeping Change on Iran Investment

한국어 번역문은 이곳을 클릭해주시기 바랍니다. Article Highlights: Non-U.S. banks can do business with Iran and continue their relationships with U.S. banks. Non-U.S. companies may use proceeds from Iran transactions more freely, including in the United States. OFAC draws a clearer line with respect to the use of Iran-related funds. After the Iran nuclear agreement, as … Continue Reading

The Day of North Korea Sanctions: The UN Imposes the Toughest North Korea Sanctions Yet While OFAC and State Designate More North Korean Entities

한국어 번역문은 이곳을 클릭해주시기 바랍니다. After weeks of negotiations and a Putin-backed delay, the UN Security Council unanimously adopted resolution 2270 on March 2, 2016, imposing new sanctions against North Korea. According to U.S. Secretary of State John Kerry, the resolution imposes the strongest set of UN sanctions in over two decades. This article provides a summary of the … Continue Reading
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