Jeremy Zucker

Jeremy Zucker

Dechert LLP

Contact  |  View Bio  |  RSS

Latest Publications

Share:

United States Further Eases Economic Sanctions on Burma/Myanmar

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) eased certain sanctions against Burma/Myanmar on May 17, 2016, including by allowing most transactions involving Burmese financial institutions....more

5/19/2016 - Burma Economic Sanctions Financial Institutions General Licenses Myanmar OFAC SDN List US Department of State

Foreign Financial Institutions Beware: United States Expands Economic Sanctions Against Hizballah

Effective April 16, 2016, the United States will implement sanctions pursuant to the Hizballah International Financing Prevention Act of 2015. The new sanctions target Hizballah (or Hezbollah) and non-U.S. persons who support...more

4/18/2016 - Criminal Penalties Economic Sanctions Foreign Financial Institutions (FFI) Hizballah OFAC SDN List

UK Financial Sanctions Enforcement – New Powers and Tougher Sentences

The UK Government put a package of proposals to Parliament in February to increase both the type and the potential severity of consequences for persons and companies who breach EU financial sanctions. If approved, these...more

3/7/2016 - Corporate Counsel Criminal Prosecution Deferred Prosecution Agreements Economic Sanctions Enforcement Actions HM Treasury Office of Financial Sanctions Implementation (OFSI) UK

US Commerce and Treasury Departments Further Ease Restrictions Against Cuba

The U.S. Commerce and Treasury Departments announced on January 26, 2016, actions to ease certain restrictions on transactions involving Cuba. The new actions do not significantly expand the types of activities in which U.S....more

1/27/2016 - Air Carriers Corporate Counsel Cuba Embargo Export Controls Financing Sanctions Travel Restrictions

Iran Sanctions: What is Prohibited or Licensable for EU Businesses?

Despite the easing of sanctions on Iran on 16 January under the Joint Comprehensive Programme of Action (JCPOA), some prohibitions and licensing requirements continue to apply to EU businesses. These are summarised below,...more

1/19/2016 - Dual Use Goods EU Exports Imports Iran Sanctions Joint Comprehensive Plan of Action (JCPOA) Licenses Military End Use Military Goods Nuclear Power Procurement Guidelines UN Security Council

Implementation Day: Iran Sanctions Eased Today

On Saturday, 16 January 2016, the International Atomic Energy Association (IAEA) submitted a report to the United Nations Security Council (UNSC) certifying that Iran has satisfied its obligations under the Joint...more

1/18/2016 - Implementation Day International Atomic Energy Agency Iran Sanctions Joint Comprehensive Plan of Action (JCPOA) SDN List Subsidiaries UN Security Council

Iran Sanctions: Early Easing of Sanctions Increasingly Possible

Public officials from the United States increasingly are making public statements regarding the likelihood that “Implementation Day” – the day on which many US and EU sanctions against Iran will be eased – will arrive in the...more

1/6/2016 - EU Implementation Day International Atomic Energy Agency Iran Sanctions Joint Comprehensive Plan of Action (JCPOA) Nuclear Power OFAC UK

Adoption Day in Iran Sanctions Deal: US and EU Give Clarification, But No Lifting of Sanctions Yet

The United States and European Union took preparatory steps on 18 October 2015 to begin fulfilling their commitments to suspend certain sanctions against Iran pursuant to the Joint Comprehensive Plan of Action (“JCPOA”)...more

10/22/2015 - Adoption Day Amending Regulation EU Financial Transactions Implementation Day Insurance Litigation International Atomic Energy Agency Iran Sanctions Joint Comprehensive Plan of Action (JCPOA) Metals Military Goods Nuclear Power OFAC Oil & Gas SDN List Shipping UN Security Council

Macroeconomic Surveys from the BEA: A Primer for Asset Managers and the Financial Services Industry

For many U.S. asset managers and other financial services providers, the recent BE-10 Benchmark Survey of U.S. Direct Investment Abroad (BE-10) and the upcoming BE-180 Benchmark Survey of Financial Services Transactions...more

10/7/2015 - Asset Management BEA Benchmarks Cross-Border Transactions Financial Institutions Foreign Direct Investment Foreign Investment Form BE-10 Reporting Requirements Surveys U.S. Commerce Department

U.S. Government Takes Steps to Further Ease Restrictions on Cuba

U.S. Commerce and Treasury Department measures intended to further ease existing export and sanctions restrictions regarding Cuba took effect on September 21, 2015. These amendments to the Cuban Assets Control Regulations...more

9/28/2015 - Cuba Cuban Assets Control Regulations (CACR) Export Administration Regulations Export Controls Internet Telecommunications Trade Restrictions U.S. Commerce Department U.S. Treasury

FinCEN Proposes Anti-Money Laundering Regulation for Investment Advisers

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a notice of proposed rulemaking on August 25, 2015,1 pertaining to all investment advisers registered or required to be registered...more

9/23/2015 - Anti-Money Laundering Bank Secrecy Act Compliance FinCEN Investment Adviser NPRM Recordkeeping Requirements Registered Investment Advisors Suspicious Activity Reports U.S. Treasury

BEA’s BE-180 Benchmark Survey of Financial Services Providers: Implications for U.S. Asset Managers

In the fall of 2015, the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) will administer its next Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign...more

9/16/2015 - Aggregation Rules Asset Management Banks BE-180 BEA Benchmarks Broker-Dealer Cross-Border Transactions Filing Deadlines Financial Institutions Foreign Financial Assets Investment Adviser Investment Funds Surveys U.S. Commerce Department

Iran Deal “Clears” Congress, But No Sanctions Relief Yet

On September 10, 2015, Senate Democrats in the U.S. Congress blocked a vote on a widely anticipated resolution to reject the Joint Comprehensive Plan of Action (“JCPOA”) regarding Iran’s nuclear program. On September 11, the...more

9/14/2015 - Adoption Day Asset Freeze EU Implementation Day Iran Iran Sanctions Joint Comprehensive Plan of Action (JCPOA) Nuclear Power Nuclear Weapons Political Parties UN Security Council United Nations

US Imposes Significant Export Restrictions on Russian Oil and Gas Field

The U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) added the Yuzhno-Kirinskoye Field, a Russian oil and gas field, to the Entity List on August 7, 2015. The action effectively prohibits all persons from...more

8/13/2015 - BIS Blocked Person Export Administration Regulations Exports OFAC Oil & Gas Russia Sanctions SDN List U.S. Commerce Department

Additional U.S. Sanctions Imposed on Russian and Ukrainian Persons, But No Significant Escalation

On July 30, 2015, the U.S. Government added dozens of Russian and Ukrainian individuals and entities to the Ukraine-related sanctions lists.1 U.S. officials have stated that these new additions are not an escalation of U.S....more

8/3/2015 - Minister of Foreign Affairs Retaliation Russia Sanctions SDN List SSI List U.S. Treasury Ukraine

Nuclear Agreement with Iran Announced: Significant Easing of Iran Sanctions in Sight, but Only Outside of the United States

Iran and the P5+1 countries (United States, Russia, China, United Kingdom, France and Germany) on 14 July 2015 announced their agreement on a comprehensive plan under which certain international sanctions against Iran will be...more

7/15/2015 - International Atomic Energy Agency Iran Iran Sanctions Joint Comprehensive Plan of Action (JCPOA) Nuclear Power Nuclear Weapons P5+1 Nations United Nations

Russia and Ukraine Sanctions - One Year On

The spring and summer of 2014 saw the United States and European Union impose a range of sanctions relating to Ukraine and Russia in response to the series of events leading to the fall of the Yanukovyich government in...more

6/29/2015 - Russia Sanctions Ukraine Ukraine Freedom Support Act

Commerce Department Extends Deadline for BE-10 Reports and Important Clarifications for Asset Managers and Insurance Companies

On Thursday, May 28, the Bureau of Economic Analysis (BEA) issued an automatic one month extension to all first time filers of the BE-10 Benchmark Survey of U.S. Direct Investment Abroad. The extension grant, coming one day...more

6/2/2015 - Asset Management BEA Bureau of Economic Analysis Foreign Investment Form BE-10 GAAP Insurance Industry U.S. Commerce Department

Non-U.S. Companies Should Use Caution When Investing in U.S. “Agricultural Land”

A non-U.S. company that buys or sells U.S. real estate that is or once was used for agricultural purposes may face reporting requirements in connection with such transactions. These reporting obligations might apply whether...more

5/26/2015 - Agricultural Land Failure-to-File Farms Non-US Entities Penalties Real Estate Investments Renewable Energy Reporting Requirements

New Reporting Requirements Regarding Foreign Investment and Ownership

This article originally was published in the Winter 2015 Edition of the Dechert Private Equity Newsletter but has been updated to reflect recent guidance from the U.S. Commerce Department’s Bureau of Economic Affairs (BEA) on...more

4/23/2015 - BEA Covered Transactions Filing Deadlines Foreign Direct Investment Foreign Investment Foreign Ownership Form BE-10 Form BE-13 Private Equity Private Equity Funds Reporting Requirements U.S. Commerce Department

FLIR FCPA Action Highlights: Continued Focus on Penalizing Improper Expenditures for Government Officials

FLIR Systems, Inc. (“FLIR”), a publicly traded company based in Oregon, agreed to pay approximately $9.5 million to settle allegations of violations of the Foreign Corrupt Practices Act (“FCPA”) on April 8, 2015. The U.S....more

4/15/2015 - Compliance Corporate Gifts Disgorgement DOJ FCPA FLIR System Government Officials Internal Controls Saudi Arabia SEC Self-Reporting Settlement Training

President Obama Issues New Executive Order Authorizing Sanctions Against Cyber Attackers

President Obama issued an Executive Order (the “Order”) on April 1, 2015 that authorizes financial sanctions against certain “persons” (including both individuals and entities) designated by the Treasury Secretary to be...more

4/8/2015 - Barack Obama Cyber Attacks Cybersecurity Executive Orders Sanctions SDN List U.S. Treasury

Revision of UK Military List of Controlled Items

The list of military goods, software and technology that are subject to export controls has been revised on 24 March 2015. The changes have been made through the Export Control (Amendment) Order 2015 which replaces Schedule 2...more

4/3/2015 - Criminal Prosecution Export Controls Exports Licenses Military Goods Penalties Software Technology UK

U.S. Government Announces Significant Sanctions Enforcement Actions Against Schlumberger and PayPal

The U.S. Government announced two major sanctions enforcement actions this week that reinforce the compliance challenges faced by both U.S. companies with international activities and non-U.S. companies subject to U.S....more

3/30/2015 - Civil Monetary Penalty Compliance Criminal Penalties DOJ Enforcement Actions Guilty Pleas International Emergency Economic Powers Act Iran Sanctions OFAC PayPal Sanctions Schlumberger Settlement Sudan

53 Results
|
View per page
Page: of 3

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×