On 16 January 2016, the International Atomic Energy Agency (the IAEA) certified that Iran had fulfilled its nuclear-related commitments under the Joint Comprehensive Plan of Action (the JCPOA) in order for the JCPOA’s “Implementation Day” to take effect. As a result, EU and US sanctions relief for Iran outlined in the JCPOA has come into effect.
For more information on the EU and US position, see Iran sanctions update: Implementation Day.
How will latest changes to Volcker Rule affect non-US banks?
Kathleen A. Scott discusses the final Volcker Rule, focusing on some of the issues raised by non-US banks in their comments.