Author name: karimilaw

Eight foreign banks have signed up for the Russian version of the worldwide payments system Swift, launched to bypass US sanctions, according to the Central Bank of Russia. The System for the Transfer of Financial Messages (SFPS) was launched in December 2017 as a response to fears that Russia could be cut off from Swift, the system that allows for bank-to-bank transfers around the world, according to The Moscow Times. Speaking at […]

Austria’s Ambassador to Tehran, Stefan Scholz said that strategic relations between Tehran and Vienna has been put into practice. He described ties between Iran and Austria ‘strategic’. He made the remarks late on Tuesday 22 October on the occasion of National Day of Austria, held at the venue of the embassy in Tehran, and pointed to Vienna’s hosting of landmark nuclear talks between Iran and six world’s major powers and

Thanks to its suitable geographical and economic status, with the ocean is turning into trade and transit hub in the region and will play the role of a multi-purpose port at international level. The geographical location and the current atmosphere in Iran for developing Chabahar Port have made the Iranian port play a major role in national and international arenas. It will cause development not only in Sistan and Baluchestan but

Karimi & Associates Law Firm took part as a member of Iranian Commercial Team in Iran- Austria economic forum which was held in Vienna on 3 October Foreign Commerce Economic Forum was held as joint event of Iran -Austria Joint Chamber of Commerce, with presence of Iran –Austria Chamber of Commerce members including Karimi & Associates Law Firm and representatives of more than 160 small and medium sized companies in

Collaboration MOU signed between Karimi & Associates Law Firm and Towpu Management Consulting We are pleased to announce the signing of the Memorandum of Understanding between Karimi & Associates Law Firm & our new Chinese partner Towpu Management Consulting. The MOU was signed on October 23 in order to collaborations and providing full legal services by our firm. We want to share with you the enthusiasm of our teams for

Iran Deputy FM for Diplomatic Affairs says that Iranian and European diplomats will continue their talks on the EU financial mechanism for trade with Iran, known as INSTEX, in the coming weeks. The official made the comments while talking to reporters on the sidelines of a meeting between Iranian diplomats with representatives of Iranian ministries related to economic affairs in Tehran on Sunday. The deputy foreign minister also said that given

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