Iran Threat Reduction and Syria Human Rights Act of 2012

August 30, 2012
President Obama recently signed in to law the Iran Threat Reduction and Syria Human Rights Act of 2012. The Act, like the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010, broadens the sanctions programs put forth by the Iran Sanctions Act of 1996 and otherwise significantly expands the extraterritorial impact of U.S. sanctions. This update provides an overview of the expansion of sanctions under the Act and the potential impact on both U.S. and non-U.S. firms.