Following from the US Department of Treasury’s announcement of a mechanism to facilitate humanitarian trade with Iran from October 2019, the US and Switzerland have now finalised the Swiss Humanitarian Trade Agreement (SHTA) to further facilitate the flow of humanitarian goods to the Iranian people.
The SHTA includes enhanced due diligence guidelines to ensure financial institutions do not facilitate improper sanctions evasions.
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.