OFAC advises on definition of “maintenance” in Iran general licences

19 December 2019

OFAC advises on definition of “maintenance” in Iran general licences

OFAC has issued guidance in an FAQ on General Licence K as to which activities are considered “maintenance” in the conduct of Iran-related business. OFAC will consider past practices of parties to assess whether...

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Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor...

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