Iran Sanctions Relief
On 16 January 2016, so-called Implementation Day, economic and financial sanctions relief under the Joint Comprehensive Plan of Action (JCPOA) between China, France, Germany, Russia, the United Kingdom, the United States (US), the European Union (EU), and Iran came into effect. The changes in EU and US sanctions against Iran are significant and are summarised in our Adviser. There remain significant risks related to trading with Iran. You should seek independent legal advice and perform due diligence before engaging in Iran-related trade.
We also outline the key due diligence considerations you should take to avoid a potential breach of the remaining restrictive measures.
For more information on this and the restrictions that remain, view or download our Adviser.