Iran Sanctions: Challenges and Opportunities

U.S. and European Union sanctions on Iran were finally lifted on Saturday, restoring the country’s access to world markets. So how can banks and businesses which were previously prohibited from dealing with Iranian entities, now take advantage of Iran’s re-entry to the global economy?

Henry Balani, Head of Innovation at Accuity, was interviewed at the end of 2015 about the challenges and opportunities that the lifting of U.S. and European Union sanctions on Iran would present. In the following video, Henry offers advice to banks and corporations now seeking to explore business opportunities in Iran and why they must proceed with caution.

Watch the interview here:

Look back at our Iran Sanctions blog series:

Post 1. Why banks still need a comprehensive sanctions programme

Post 2. Which sanctions will be lifted?

Post 3. The differences in scope between the regulators

Post 4. The AML policy implications of the deal

 Post 5. What happens when Iranian banks reconnect to SWIFT?