Iran Sanctions: Re-Imposition of Iran Sanctions – May 2018 Updated FAQs
Following the President's May 8, 2018 decision to withdraw from the JCPOA and to begin re-imposing the U.S. nuclear-related sanctions OFAC issued a Frequently Asked Questions document which was updated on 27th June 2018.
OFAC have updated Frequently Asked Questions (FAQs) 4.3, 4.4, and 4.5 of the FAQ.
32928 - OFAC_Faq_update_27_June_2018 (265 KB)
Source UK P&I
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Members will have noted the decision by President Trump announced on May 8 to withdraw the USA from participation in the JCPOA (Joint Comprehensive Plan of Action) agreed between Iran, the EU, and the P5+1 (the five permanent members of the United Nations Security Council - China, France, Russia, United Kingdom, United States - plus Germany), and to re-impose US nuclear-related sanctions.