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Companies Can Expect Tough Iran Sanctions Enforcement, Former U.S. Officials Say

The Wall Street Journal

02 Nov 2018

The Iran sanctions “snap back” could have a ripple effect as companies around the world will be keenly aware of avoiding enforcement action from the U.S. government, according to Morrison & Foerster partner John E. Smith in The Wall Street Journal article “Companies Can Expect Tough Iran Sanctions Enforcement, Former U.S. Officials Say.”

“The more they enforce, the more companies will fear getting swept up in the Trump administration’s campaign against Iran,” he said.

Citing the later 2000s and early 2010s when some banks paid significant fines for failing to comply with Iran sanctions, Mr. Smith continued, “When the U.S. threatens tough enforcement—and actually makes examples of companies—then other companies pay attention.”

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