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The First Successful INSTEX Transaction Sends Medical Goods To Iran

April 10, 2020 By: Anna Sayre, Director of Content, ACSS On March 31, 2020, France, Germany, and the U.K. confirmed concluding their first INSTEX transaction between the E.U. and Iran, by successfully exporting medical goods to the Middle Eastern country. Though the...

The Blocking Statute – Deciphering its Provisions, How to Handle the EU/US Conflict, and Actions to Date

March 31, 2020 By: Jack Walsh, Content Writer, ACSS A 2018 annex to the E.U. Blocking Statutehas created a formidable compliance dilemma for European companies that wish to cease business operations in Iran. Enacted to mitigate the effect of reinstated U.S. sanctions...

EU and US Lock Horns While Putting Pressure on Iran

March 17, 2020 By: Natasha Bright, Content Writer, ACSS Both the European Union and the United States consider Iran to be a threat to the region and the world. One of the tactics that both jurisdictions take to limit Iran’s power is to isolate the country from the...

Business with Iran Through INSTEX: The Viability of Europe’s New Economic Trade Mechanism

June 12, 2019 By: Anna Sayre, Head of Legal Content, ACSS In early 2019, despite U.S. sanctions to the contrary, Germany, France and the U.K. (also known as the ‘E3’) joined together to set up INSTEX: a new payment channel to facilitate trade with Iran. Though a bold...

Wake Up To Sanctions

November 19, 2018 SanctionsAlert.com Sanctions Round Up US Imposes Sanctionson 17 Saudis for Alleged Role in Khashoggi Killing, but Prince Stays Clear On November 15, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Saud...

Wake Up To Sanctions

November 19, 2018 SanctionsAlert.com Sanctions Round Up US Imposes Sanctionson 17 Saudis for Alleged Role in Khashoggi Killing, but Prince Stays Clear On November 15, the U.S....

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