Snap It Back, OFAC: What Companies Need to Know About the Reimposition of Iran Sanctions

The sanctions environment is rapidly changing. What does this mean for you?

11/08/2018 01:00 p.m. - 02:00 p.m. EST

National Security, CFIUS, Sanctions + Export Controls

John E. Smith

John E. Smith

Webinar

View the webinar recording.

On November 5th, all remaining U.S. sanctions on Iran that were lifted as part of the Iran nuclear deal will “snap back,” having an immediate impact on global companies that engage in business with or involving Iran. And this is just the beginning: the sweeping sanctions on Russia, for example, are expected to evolve and perhaps intensify in the coming months, affecting companies in the U.S. and around the globe.

In this rapidly changing climate, global corporations face greater risks than ever before, given their worldwide supply and distribution networks, the scrutiny of their international financial transactions, and the sanctions evasion schemes frequently targeted at them. Join Global Co-Chair of Morrison & Foerster's National Security Group and former Director of the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), John E. Smith, for an interactive webinar addressing the current regulatory landscape. As a recent top official at OFAC, and the individual responsible for the creation, implementation, and enforcement of all types of U.S. government sanctions, John will offer unparalleled insights to inform how companies should address global risk going forward.

Previous news and commentary from John E. Smith related to the Iran sanctions “snap back” include:

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