Money Laundering Bulletin
Islamic Revolutionary Guard Corps: US sanctions on Iran, the risk escalates
Scott Balber (+1 917 542 7810, scott.balber@hsf.com), Susannah Cogman (+44 20 7466 2580, susannah.cogman@hsf.com) and Daniel Hudson (+44 20 7466 2470, daniel.hudson@hsf.com) are partners, Jonathan Cross (+1 917 542 7824, jonathan.cross@hsf.com) is of Counsel, and Geng Li (+1 917 542 7828, geng.li@hsf.com) and Christopher Milazzo (+1 917 542 7807, Christopher.milazzo@hsf.com) are associates at Herbert Smith Freehills.

Iran, already in a sanctions vice, saw the screw tighten in early April when President Trump labelled the Islamic Revolutionary
Guard Corps (IRGC) a Foreign Terrorist Organization.
Scott Balber,
Susannah Cogman,
Daniel Hudson,
Jonathan Cross,
Geng Li and
Christopher Milazzo of Herbert Smith Freehills examine the scope of the order and its impact outside the United States.