Shearman & Sterling LLP | Iran Sanctions
U.S. Sanctions
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From the first rounds of sanctions targeting Iran, Russia, Cuba, and Venezuela among others, banks, financial institutions, commercial companies, and clearing houses look to us for strategic counsel in relation to complex cross-border sanctions issues. In some of the most high-profile sanctions situations, we have provided sophisticated and client-specific advice in complex commercial and capital transactions, banking regulatory issues and government investigations.

Sanctions significantly impact both U.S. and non-U.S. companies seeking to do business in the target countries. Although, with respect to certain countries, U.S. and EU rules are somewhat aligned, they also diverge in many significant and consequential ways. This is particularly relevant to international businesses where the rules of more than one jurisdiction may be triggered. Because of the high frequency of rulemakings in this area, sanctions developments should be closely monitored on an ongoing basis and advice should be sought in difficult cases.

Our U.S. Sanctions microsite provides key documents and commentary on the implications of these developments.