Kirkland Alert Kirkland & Ellis LLP

U.S. Sanctions Update: Non-U.S. Entity Activity with Iran and Other Sanctions Targets Now Required to be Disclosed to the SEC, Additional U.S. Sanctions Targeting Non-U.S. Business with Iran Imposed, and OFAC Sanctions Regulations Amended

Issuers subject to the jurisdiction of the Securities and Exchange Commission (“SEC”), as well as, more broadly, many non-U.S. companies should be aware of the potential impact of the latest expansion of U.S. economic sanctions laws targeting Iran and other areas, such as international terrorism.