Search for:
Category

Middle East

Category
In Sanctions

Middle East: Russia Sanctions Compliance Briefing Seminar

by , , , and 2 Mins Read

Baker McKenzie is delighted to invite you to interactive seminars on 1 March 2023 in Abu Dhabi and 2 March 2023 in Dubai as part of our EMEA Russia Sanctions Briefings. The seminars will focus on the multijurisdictional sanctions challenges facing financial institutions and their clients and other corporates in the Gulf, in relation to the US, UK, EU and UAE sanctions regimes, particularly against Russia. We will also focus on the current enforcement environment and best practices for mitigating sanctions risk arising from potential compliance failures.

Read More
In Employment

MENA Soundbites

by , , and 2 Mins Read

As some countries open up and economies gradually rebound, there are still prolonged business issues and market trends accelerated by the pandemic that will continue to affect companies across all industries in the Middle East and North Africa (MENA) region.
In this vlog series, our MENA team of cross-practice specialists provide a quick roundup of the latest legal and commercial developments in the region as well as insights to emerging challenges and opportunities, to guide you as you shape your organization’s business resilience and strategy in the medium and long term.

In Middle East

US: OFAC Releases FAQs Providing Guidance on the Iran Sectoral Sanctions in Executive Order 13902

by , and 6 Mins Read

On June 5, 2020, the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) published four Frequently Asked Questions (the “FAQs”) regarding Iran-related sanctions under Executive Order 13902 (“EO 13902”).  EO 13902 authorizes the imposition of secondary sanctions targeting the Iranian construction, mining, manufacturing, and textile sectors and persons engaged…

Read More