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EU political agreement on framework to stop financing armed groups through trade in conflict...

EU institutions agreed on a framework for an EU Regulation designed to ensure that minerals entering the EU have been sourced responsibly and without funding conflict and human rights abuses.

U.S. Government Takes Additional Steps to Relax Comprehensive Embargo of Cuba

On March 15, 2016, the U.S. OFAC and the U.S. BIS announced further amendments to the Cuban Assets Control Regulations and the Export Administration Regulations, in a continuing effort to chip away at the decades-old embargo.

Proposed Amendments to the PRC Anti-Unfair Competition Law Provide Greater Clarity on Commercial Bribery...

The PRC State Council released for public consultation draft amendments ("Draft Amendments") to the PRC Anti-Unfair Competition Law ("AUCL"), the first time after more than 20 years since the AUCL’s enactment.

UN, US, EU, and Switzerland impose tough new sanctions on North Korea as a...

Following the Democratic People's Republic of Korea's latest nuclear test and rocket launch on 6 January 2016 and 7 February 2016 respectively, the UN Security Council unanimously adopted Resolution 2270 (2016) on 2 March 2016.

Seminar Invitation – Iran – The New and Old Trading Partner

We would like to invite you to our seminar " Iran - The New and Old Trading Partner" in our offices in Frankfurt, Munich, Dusseldorf and Vienna.

Canada Relaxes Sanctions Targeting Iran

On February 5, 2016, the Government of Canada announced changes to its comprehensive economic and trade sanctions against Iran.

U.S. Government Takes Additional Steps to Relax Comprehensive Embargo of Cuba

On January 26, 2016, the U.S. OFAC and the U.S. BIS announced amendments to the Cuban Assets Control Regulations and the Export Administration Regulations to engage and empower the Cuban people.

Iran Trade Roadshow on the Joint Comprehensive Plan of Action

"Implementation Day" of the nuclear agreement with Iran (the Joint Comprehensive Plan of Action or “JCPOA”) and the re-opening of the Iranian market arrived on Saturday, 16 January. In response to this, Baker & McKenzie is organizing the Iran Trade Roadshow, a series of 2-3 hour seminars in various locations across the globe that will provide an overview of the potential changes to sanctions in relation to the JCPOA.

Overview of U.S. “Implementation Day” Sanctions Relief Under the JCPOA

This post provides you with a brief summary of the sanctions relief that the U.S. Government instituted on Implementation Day.

Lifting of Swiss sanctions against Iran following Implementation Day

As a consequence of the implementation of the JCPOA, Swiss sanctions against Iran will be lifted at the same time as those of the UN and the EU.

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