Notices to Members

No. 5 2013/2014 - Iran Sanctions - US Legislation

Dear Sirs,

 Iran Sanctions – US Legislation 

The International Group has recently published FAQ's about US sanctions in respect of Iran and their impact on shipping and insurance.  The FAQ's summarise the relevant US statutes and Executive Orders in respect of Iran as they apply to non US persons and entities. Members doing business which may have an Iranian connection are likely to be interested in the FAQ’s but should also consider  taking detailed legal advice as appropriate in respect of such activities.  A copy of the FAQ's can be downloaded from the link below.

 http://www.igpandi.org/News+and+Information/News/2013/240 

Yours faithfully

For:    West of England Insurance Services (Luxembourg) S.A.
          (As Managers)

 

 R J B Searle
Director