Compliance

A PROVEN FORMULA FOR SANCTIONS COMPLIANCE

Despite the achievement of Implementation Day, a significant program of US and EU sanctions persist. This company compiant services are dedicated to the open exchange of information derived from the personal experiences of experts, Parsia BDS and its partners take sanctions regulations seriously, and have pursued all reasonable measures to ensure an environment of compliance for its clients. This includes the consultation of legal counsel in the United States and Europe and communication with the relevant authorities.

The US Treasury Office of Foreign Asset Control (OFAC) regulations that govern this event are reproduced below and include the following sections of the Iran Transactions and Sanctions Regulations (ITSR):

• 560.208 Prohibited facilitation by United States persons of transactions by foreign persons.

• 560.417 Facilitation; change of policies and procedures; referral of business opportunities offshore.

• 560.204 Prohibited exportation, re-exportation, sale, or supply of goods, technology, or services to Iran.

• 560.410 Provision of services.

• 560.210 Exempt transactions.

• 560.554 Importation and exportation of services related to conferences in the US or third countries authorized.