Monday 20 July 2015

Post-deal Iran an opportunity but legal minefield too - FT.com

Post-deal Iran an opportunity but legal minefield too - FT.com:



"Depending which banker you talk to, it is either the biggest opportunity in a generation or a legal minefield to avoid at all costs.



This week’s deal between Iran and six world powers to lift all major economic sanctions against the country in return for limiting its nuclear programme has senior rainmakers at some of the world’s biggest financial institutions licking their lips.



“We already have an Iranian colleague telling me how we should be doing more business in Iran,” said one senior executive at a top US investment bank. “Someone from the firm will get on a plane and look at how it is evolving. Once we are allowed to do that we will look at it. But we don’t have an Iranian business plan.”"



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