In this alert, our trade and sanctions team provides an update on the latest sanctions following our February 24, 2022, alert. In the interim, the United States has imposed new sanctions on Russia and Belarus in response to...more
3/10/2022
/ Asset Freeze ,
Belarus ,
Biden Administration ,
Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
Energy Sector ,
Entity List ,
Export Controls ,
General Licenses ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Russia ,
Ukraine
The Russian invasion of Ukraine has triggered swift international retribution. Global powers—including the European Union (EU), the United Kingdom (UK) and the United States (US)—have announced sanctions as the crisis in...more
2/25/2022
/ Asset Freeze ,
Cyber Attacks ,
Economic Sanctions ,
EU ,
European Commission ,
Executive Orders ,
General Licenses ,
Human Rights ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Trade Bans ,
UK ,
Ukraine
The Obama Administration made significant new regulatory changes to allow certain investment opportunities in the Cuban health care and biotech industries. While many barriers remain, US firms in the health care industry...more
Overview of US and EU Trade Sanctions -
Following is a summary of the current US and EU sanctions that restrict trade with and/or investment in certain countries, “Specially Designated Nationals” (SDNs) and “Blocked...more
5/11/2016
/ Blocked Person ,
Bureau of Industry and Security (BIS) ,
Burma ,
Cuba ,
EU ,
Export Administration Regulations (EAR) ,
General Licenses ,
Iran ,
Iraq ,
Libya ,
Licenses ,
North Korea ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Sanctions ,
SDN List ,
Sudan ,
Syria ,
U.S. Commerce Department ,
Ukraine ,
Venezuela
On January 25, 2016, the US Treasury Department’s Office of Foreign Assets Control (OFAC) and the US Commerce Department's Bureau of Industry and Security (BIS) announced new changes to existing US sanctions on Cuba,...more
1/29/2016
/ Barack Obama ,
Bureau of Industry and Security (BIS) ,
Corporate Counsel ,
Cuba ,
Cuban Assets Control Regulations (CACR) ,
Embargo ,
Export Administration Regulations (EAR) ,
International Travel ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
U.S. Treasury
As widely reported, Saturday, January 16 was “Implementation Day” under the Joint Comprehensive Plan of Action (JCPOA), agreed to on July 14, 2015, by the P5+1 (China, France, Germany, Russia, the United Kingdom and the...more
The Joint Comprehensive Plan of Action (JCPOA) -
On July 14, 2015, following two years of negotiations, China, France, Germany, Russia, the United Kingdom, the United States and the European Union (referred to as P5+1 or...more
As widely reported, President Obama announced on December 17, 2014, significant changes to U.S. policy relating to Cuba. The broad policy revisions include the following...more
On July 16, 2014, the Obama Administration responded further to developments in Ukraine by imposing another new round of sanctions on Russian, Ukrainian and Crimean parties. Importantly, for the first time, the United States...more