The UK government has published an updated version of its Iran sanctions guidance relating to sanction measures imposed on Iran pursuant to the Iran (Sanctions) (Nuclear) (EU Exit) Regulations 2019 (SI 2019/461). With this guidance, the government aims to support firms in their efforts to comply with the instrument and related sanction provisions. It thereby covers numerous issues, ranging from the purpose and scope of the regulations, to the prohibitions made by the regulations and the implications for UK firms (what do they have to look out for, which actions are disallowed), to exemptions being granted from existing sanction restrictions.
This latest revised version contains updates to reflect the adoption of new Resolution 2664 (2022) by the United Nations Security Council which permits exemptions from sanction measures for certain humanitarian activities and / or activities to meet basic human needs and the subsequent adoption of a new Statutory Instrument (SI 2023/121), the „Sanctions (Humanitarian Exception) (Amendment) Regulations 2023“, by the UK government to transpose this new UN Resolution 2664 into UK law (please see EventID #19507 in this context for more information). The new guidance now discusses related licensing and exemption provisions.
