Stay informed on the latest Iran sanctions update: EU extends relief until June 30, 2015
Iran Sanctions Relief Period extended
21/07/2014
Confirmation received from the US government and the EU Council that the existing relief program, which ran from 20 January to 20 July, suspending certain Iran sanctions measures, is being extended for 4 months to 24 November 2014.
Ukraine Sanctions - June 2014 Update
01/07/2014
EU passed regulation prohibiting imports of goods originating fro the Crimea into the EU. Regulation 692/2014 prohibits provision of financial assistance, as well as insurance and reinsurance related to the import of such goods.
Russia & Ukraine Sanctions Update - May 2014
09/05/2014
Stay updated on the latest Russia & Ukraine sanctions
Iran Sanctions Update - 15th January 2014
15/01/2014
Following the agreement reached in November last year between Iran and representatives of USA, UK, China, France, Russia & Germany, the Club reminded Members that a formal change in EU, UK and US laws would be needed to provide shipowners and their insurers with relief from existing prohibitions - and that until such changes were made, the effect of sanctions on Club cover would remain unaltered.
Iran Sanctions: US sanctions Iran
14/06/2013
FREQUENTLY ASKED QUESTIONS ("FAQs") REGARDING ENFORCEMENT AGAINST FOREIGN PERSONS OF U.S
International Group FAQs - US sanctions Iran
18/03/2013
The attached FAQs from the International Group provide a comprehensive summary of the relevant legislation and key provisions that impact on trade activities and financial transactions with Iran
Iran Sanctions: EU Measures against Iran
05/02/2013
On 15 October 2012 the European Union Foreign Affairs Council agreed further measures restricting trade activities with Iran
US Treasury Dept issues final rule amending Iranian Transactions & Sanctions Regulations to implement Iran Threat Reduction Act sections
Latest update on EU sanctions against Iran - new measures widen banned goods, increase asset freezes & impose restrictions on EU banks aligning them with existing UK bank limitations.
US Sanctions Update - U.S. Bans Foreign Subsidiaries of U.S. Companies from Doing Business with Iran
13/12/2012
On October 9, 2012, the U.S
The EU Foreign Affairs Council recently published new prohibitions contained in Council Decision 2012/635