Harneys is a full-service offshore law firm offering expert legal advice on the laws of jurisdictions including the British Virgin Islands, Cayman Islands, Luxembourg, and more. Established in 1960, the firm has grown to 11 global locations with over 180 lawyers, serving top law firms, financial institutions, investment funds, and high-net-worth individuals. Harneys provides comprehensive legal support across transactional, contentious, and private client matters, often in collaboration with Harneys Fiduciary, which delivers corporate and wealth management services. Known for its role in shaping offshore jurisprudence, the firm also advises on legislative developments and excels in handling complex cross-border transactions and disputes.
On 14 July 2015, the Joint Comprehensive Plan of Action was welcomed by China, France, Germany, the Russian Federation, the UK and the United States of America...
Aki Corsoni-Husain’s articles from Harneys are most popular:
with readers working within the Securities & Investment industries
On 14 July 2015, the Joint Comprehensive Plan of Action (the
JCPOA) was welcomed by China, France,
Germany, the Russian Federation, the UK and the United States of
America, with the High Representative of the European Union for
Foreign Affairs and Security Policy, and Iran.
Under the JCPOA, the EU/UK agreed to terminate or relax
nuclear-related economic and financial sanctions, including related
designations. Inconsistently with this, the BVI regime preserves,
to an extent, the UK sanctions and restrictive measures regime on
Iran that was instituted from 2009 to 2011.
However, based on recent discussion with the Financial Investigation Agency
(FIA), this is due to be repealed soon.
Once repealed, this will further align the BVI with the position in
the UK and in keeping with the relaxation of the Iran
restrictions.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
