Many economic experts believe that Iran’s economy is set to boom, and for some executives, the lure of such economic potential will be too great to ignore. However, the situation remains complex and will be for some time. Reputational, compliance and regulatory risks remain high and any business opportunities in Iran should be approached systematically and with caution. While it is a difficult and challenging environment, especially in the early days as people familiarise themselves with the new economic regime, it is not an impossible situation to manage.
This whitepaper seeks to provide a practical and actionable guide to inform businesses and professionals of key focus areas when looking to conduct business in this challenging emerging market.
Areas of analysis include:
- What the regulatory, reputational and compliance risks are when operating in Iran
- How to implement an effective compliance programme to manage third party risk in the local environment
- How the remaining global sanctions and restrictions will impact the opportunity to trade in Iran
- An overview of the development of Iranian sanctions and their current status