IRAN SANCTIONS COMPLEXITIES

Lessons Learned from the Wind-down of Iran Sanctions and Guidance for Foreign Subsidiaries of U.S. Companies

December 6, 2018 8:45am

David Stetson
Vice President & Associate General Counsel
Goldman Sachs (New York, NY)

Kathleen Palma
Senior Executive International Trade Compliance
GE (Washington, DC)

Beth Peters
Partner
Hogan Lovells US LLP (Washington, DC)

  • Current status of Iran sanctions after November 5th
  • Resolutions of transactions not completed before wind-down and OFAC guidance for activity afterwards
  • Compliance tips for foreign subs and best practices for preventing diversion
  • Future of trading relationships with non-US partners and exposure for potential litigation
  • Any necessary reporting to OFAC or BIS