Overview
Steptoe partner Alexandra Melia authored an article in Law360 titled "Sanctions Spotlight: UK Broadens Scope Of Iran Sanctions." She discusses how the UK has introduced a sweeping new package of sanctions targeting Iran’s finance, energy, shipping, and technology sectors, significantly expanding restrictions and bringing the UK closer into alignment with the EU's post-JCPOA sanctions framework. She advises that businesses with Iran-related activities should promptly assess the impact of the new measures, review supply chain and counterparty exposure, and update sanctions compliance programs to address the broader restrictions and evolving enforcement landscape.
Read more at Law360.
