NEWS

CLIENT ALERT: THE UNITED STATES DESIGNATES FOREIGN SHIPPING ENTITIES TO THE SDN LIST UNDER THE IRANIAN SANCTIONS

September 25, 2019 Introduction Today the Department of Treasury’s Office of Foreign Assets Control (“OFAC”) issued new Iran-related sanctions targeting several non-U.S. individuals and companies who are involved in the shipping industry. These individuals and companies have been added to the Specially Designated Nationals (“SDN”) list after being determined by...
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