On March 17, the European Union and United States took further actions with respect to the Ukraine situation, as follows...more
Relief is very limited and alleviates threat of sanctions regarding transactions by non-U.S. or foreign persons.
On January 30, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published...more
Second phase of the Export Control Reform Initiative allows certain U.S. industries to fall into categories that may make them more attractive to foreign buyers.
On January 6, the Obama administration reached another...more
New rules allow some aircraft-related items to fall into categories that may make them more attractive to foreign buyers.
On October 15, the Obama Administration reached an important milestone of the president’s Export...more
Mandatory requirements cover actions of issuers' foreign subsidiaries and affiliates.
On August 10, 2012, section 219 of the Iran Threat Reduction and Syria Human Rights Act of 2012 (the Act), 112 P.L. 158, added new...more
Grace period through March 8 provided to foreign subsidiaries to wind down Iranian transactions.
On December 26, 2012, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) amended the Iranian...more