On 1 May 2024, the US State Department’s Directorate of Defense Trade Controls (DDTC) issued a proposed rule to amend the International Traffic in Arms Regulations (ITAR) to support the goals of the trilateral security...more
5/9/2024
/ AUKUS ,
Australia ,
Directorate of Defense Trade Controls (DDTC) ,
Exemptions ,
Export Controls ,
Exports ,
ITAR ,
Licensing Rules ,
Proposed Rules ,
UK ,
US Department of State
Driven by concerns around increasing sanctions evasion activities by Russia, China, Iran and North Korea, the US Government is stepping up enforcement and warning companies in the extended cargo and shipping supply chain to...more
On 17 October 2023, the US Department of Commerce’s Bureau of Industry and Security (BIS) issued two new Interim Final Rules (collectively, the Updated Rule) that significantly revise and expand controls under the US Export...more
10/30/2023
/ Artificial Intelligence ,
Bureau of Industry and Security (BIS) ,
ECCNs ,
End-Users ,
Entity List ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Interim Final Rules (IFR) ,
National Security ,
Semiconductors ,
U.S. Commerce Department
For the first time, on 12 October 2023, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on vessels and their owners for breaching the price cap on seaborne Russian crude oil...more
On 9 August 2023, President Biden issued a long anticipated executive order imposing certain limitations, reporting requirements, and prohibitions on outbound investment from the United States into certain sensitive industry...more
In a set of actions in coordination with G7 allies, US and UK export control authorities recently announced significant escalations of sanctions and export controls against Russia and Belarus. These actions indicate continued...more
A common approach in dealing with potential violations of the US export control laws is to undertake a voluntary disclosure to the regulators and thereby benefit from long-standing policies that favor such disclosure by...more
On 7 October 2022, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) issued two Interim Final Rules (collectively, The Rule) that significantly enhance U.S. export controls as applied to advanced...more