Another Iranian Bank Receives Early Sanctions Relief

Another Iranian bank has received sanctions relief earlier than anticipated under the nuclear deal with Iran.  The European Union’s sanctions on state-owned Bank Saderat Iran and its London-based subsidiary, BankSaderat…

Quietly, U.N. Signals Violation by Iran of New Resolution

According to a July 2016 report by the U.N. Secretary General, Iranian firms participated in a defense trade show in Iraq last March, in potential violation of U. N. Security…

Treasury Gives New Guidance, but Banks Still Wary

The U.S. Treasury Department released new guidance on June 8 that appears intended to reassure European and other non-U.S. banks wary of doing business with Iran.  In an updated explanatory…

Missile Sanctions Must Target Iran’s Suppliers

On May 9, a senior Iranian defense official announced the recent test of “a missile with a range of 2,000 kilometers and a margin of error of 8 meters.”[1]  Iran’s…