The landscape vis-à-vis Iranian sanctions is changing, creating potential new compliance challenges for U.S. companies with international operations, as well as for non-U.S. companies with a significant U.S. presence. On July 14, 2015, Iran reached an agreement with the United States, Russia, China, the European Union, the United Kingdom, France and Germany to ease economic sanctions provided that Iran winds down aspects of its nuclear program. The date that sanctions will be lifted under the agreement, which is called the Joint Comprehensive Plan of Action (JCPOA), is estimated to occur sometime in the first or second quarter of 2016.
This resource is only available to our paid members. You can Join Us or Sign in to get access to this resource.