Author name: karimilaw

Several European countries are in the process of joining INSTEX   Joining “Belgium, Denmark, Finland, the Netherlands, Norway and Sweden to the Instrument in Support of Trade Exchanges (Instex), was announced on Friday in a joint statement by Foreign Ministry of Finland.

During the initial stages on implementing GDPR, and during the grace period allowed by the EU, most companies had only touched the surface on GDPR requirements and the changes they had to make. Now, more than 20 months after GDPR has been in force, official data from DLA Piper reveals there have been over 160,000 notified data breaches, with over €114 million ($126 million) in fines, the biggest of which was

Iranian Minister of Economic Affairs and Finance (MEAF) said that Foreign Direct Investment (FDI) registered a 20 percent growth in the first seven months of the current Iranian calendar year (started March 21), showing a growth as compared to the last year’s corresponding period He made the remarks. in the Parliament and said, “under the tough sanctions imposed by the US against the Islamic Republic of Iran, Foreign Direct Investment

Karimi & Associates law firm is delighted to announce that as the exclusive member of IR Global in Iran, we participated at IR Global MENA event in Dubai.  The event started by visiting DIFC courts in Dubai then, continued to Islamic Finance seminar. Professional international lawyers from many jurisdictions, such as US, UAE, Germany, Italy, Lebanon and Egypt participated in the event. Thanks to IR Global team and Thomas Paoletti

TECHNOLOGICALLY-DRIVEN INNOVATION IS POISED TO DISRUPT LONG-STANDING CUSTOMS OF THE LEGAL PROFESSION. CHANGING REGULATORY FRAMEWORKS ARE CREATING GROWING DEMAND FOR REGIONAL, INDUSTRIAL, AND CATEGORY EXPERTISE. 1. PRIVACY AND SECURITY FOCUS INCREASES With growing legislation and rampant breaches, there’s increased attention on advising clients in these areas, and firms ensuring their own systems are better protected. Breach-related costs and liability—litigation, government investigations and fines, audit, and response—compel it. The American Bar

Karimi & associates law firm is the winner of the 2020 Corporate INTL Global Award in the category: Corporate law firm of the Year – Iran. We are very pleased about the recognition of our experienced attorneys, who have a long history of providing legal services in a variety of areas, and see our reputation, which refers to over 50 years of the law office’s experience in legal practice and

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a new frequently asked question with regard to humanitarian assistance pursuant to the Coronavirus Disease 2019 (COVID-19) outbreak in Iran: Nongovernmental organizations (NGOs) are authorized under General License E to export or re-export services to or related to Iran in support of certain not-for-profit activities designed, to directly benefit the Iranian people Persons interested in providing humanitarian assistance

IR Global is a global group of over 700 members from around the world and operates across Legal, Accountancy, Financial and Transaction Services. The group has representatives in over 150 jurisdictions and offers the world’s largest vetted network of leading firms. The vetting process ensures all firms are of the highest quality and also have a shared ethos of ethical networking and client service. This subsequently offers a group which

SOUTH KOREA GAINS U.S. LICENSE APPROVAL FOR HUMANITARIAN EXPORTS TO IRAN: OFFICIAL SEOUL, April 10 — South Korea has won U.S. approval for the resumption of humanitarian exports to Iran under a special license program, with shipments likely to begin next month, a foreign ministry official said Friday. On Monday, Seoul gained the General License No. 8 from the U.S. government — a mechanism to authorize certain humanitarian transactions with

IRAN HAD WON A LEGAL “VICTORY” OVER $1.6 BILLION OF ITS ASSETS THAT HAD LONG BEEN FROZEN ON A US REQUEST IN LUXEMBOURG. Iran’s President Hassan Rouhani said Sunday the country had won a legal “victory” over $1.6 billion of its assets that had long been frozen on a US request in Luxembourg. Tehran and Washington have long been arch enemies and tensions have risen sharply since President Donald Trump in