USA

Information as of: 1st October 2018

Latest Updates

 UN
 US
 EU/UK EU has issued an amendment to the regulation to include the US reimposition of sanctions against Iran due to United States withdrawing from the JCPOA. The amendment has yet to come into force. EC amended the blocking regulation to include the US measures agaist Iran effective from 7th August 2018 Delegated Regulation (EU) 2018/1100 amending Council Regulation (EC) No 2271/96, obliging the EU Member States to uphold EU regulation.

 

                                                                                                                                                                                                             

Financial/Other Sanctions

UN No
US No
EU/UK EU 96/668/CFSP & EU 2271/96, updated by (EU) 2018/1100.

 

                                                                                                                                                                                                             

Arms Embargo

UN No
US No
EU/UK No

 

                                                                                                                                                                                                             

Further Details

UN No
US No
EU/UK 1996 EU Joint Action 96/668/CFSP & Council Regulation (EC) No 2271/96 contains protection against effects of extraterritorial application of sanctions imposed by other countries (certain U.S. sanctions against Cuba, Iran & Libya). EU has issued an amendment to the regulation to include the US reimposition of sanctions against Iran due to United States withdrawing from the JCPOA. EC amended the blocking regulation to include the US measures agaist Iran effective from 7th August 2018 Delegated Regulation (EU) 2018/1100 amending Council Regulation (EC) No 2271/96, obliging the EU Member States to uphold EU regulation.

 

This information has been collated by the International Underwriting Association of London and is intended as a guide only. The IUA does not accept any liability for the accuracy of this information.
This publication is intended to convey only general information about sanctions legislation and associated insurance coverage. It is not, and is not intended to be, a complete statement of the law relating to this area. It should not be relied on or be used as a substitute for legal advice in relation to any particular set of circumstances. Accordingly, IUA does not accept any liability for any loss which may arise from reliance on this information.