In his latest publication, Michel Makinsky, Managing Director, Ageromys International, Associate Researcher IPSE talks about the lifting of sanctions in Iran. He discloses in his opinion, the appropriate banking and commercial transactions.

If the negotiations for the return of Iran and the United States to the nuclear agreement of July 14, 2015 lead to an agreement at the end of a 7th round, a certain number of sanctions could be lifted. Michel Makinsky speaks first of those called 'nuclear' and those that are redundant with them. In particular, the sanctions affecting the Central Bank of Iran, and at least a small group of large banks considered to be 'clean', whose practice is already close to international standards, would be lifted. According to him, the reestablishment of European financial flows with Iran would be facilitated if the new government resulting from the election of President Ebrahim Raisi manages to obtain from the Council of Discernment the approval of the two texts of law implementing the Palermo conventions and on the financing of terrorism, a requirement of the FATF.

While these issues do not appear to have captured the attention of French policy makers more interested in accounting for centrifuges and Iranian uranium stocks, other European partners have clearly understood the urgency of preparing for the landscape arising from a possible lifting (even partial) of the sanctions. Thus Darya Dolzikova and Tom Keatige, experts from the prestigious Royal United Services Institute (RUSI, the oldest British think-tank specializing in defense and security issues), urge to take the necessary measures to restore banking operations with Iran. . In particular, they propose that the Bank of England open a 'clearing account' to compensate for the refusal or the impossibility of banks to open one.