This updated flowchart provides guidance on compliance with sanctions against Iran following the EU Council Regulation of 23rd March 2012. It references both US and EU sanctions arrangements and offers answers in the context of trading to and from Iran, or with Iranian parties outside the country.
We are grateful to Mark Church of law firm Reed Smith for providing this useful document. Other documents on Iran sanctions by Mark and Reed Smith can be found by clicking here
Mark Church can be contacted at email@example.com, Direct: +44 (0) 20 3116 3402, Mobile: + 44 (0) 779 549 6286