Akrivis Law Group, PLLC Partner Farhad Alavi was quoted in an article on Moneylaundering.com, a website published by the Association of Certified Anti-Money Laundering Specialists (ACAMS) regarding potential new U.S. sanctions against Iran. Mr. Alavi spoke about the impact such laws could have on third country entities.
The laws in question would place susbstantial secondary-style type sanctions in place through potential measures against certain third country dealings with Iran. As such, it is absolutely critical to understand the subsequent new due diligence repsonsibilities that will surround such a law if it is signed into law by the President. Naturally these affect third countries.