Today, April 8, 2025, the U.S. Department of Justice’s Final Rule restricting transfers of bulk sensitive personal data and U.S. government-related data becomes effective, implementing former President Biden’s Executive Order...more
4/8/2025
/ Biden Administration ,
China ,
Cuba ,
Data Collection ,
Data Privacy ,
Department of Justice (DOJ) ,
Executive Orders ,
Final Rules ,
Government Agencies ,
International Data Transfers ,
National Security ,
North Korea ,
Office of Foreign Assets Control (OFAC) ,
Penalties ,
Personal Data ,
Russia ,
Sensitive Personal Information ,
Venezuela
Broad U.S. export controls and sanctions recently imposed on Russia, Belarus and specific areas of Ukraine may impact companies with international exposure to these regions, including but not limited to industries such as...more
3/16/2022
/ Asset Freeze ,
Belarus ,
Biden Administration ,
Blocked Entities ,
Blocked Person ,
Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
General Licenses ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Ukraine
President Biden has signed an Executive Order effective August 2, 2021, affirming and expanding U.S. policy restricting the purchase and sale of publicly traded securities of listed Chinese companies with a nexus to China's...more
7/15/2021
/ Biden Administration ,
China ,
Defense Sector ,
Economic Sanctions ,
Executive Orders ,
Foreign Investment Fund ,
Foreign Policy ,
Human Rights ,
Investors ,
Office of Foreign Assets Control (OFAC) ,
Prohibited Transactions ,
Securities Transactions ,
Surveillance
This alert addresses recent developments relating to former President Trump's executive orders on Chinese Military Companies that affect both investors in covered securities and exporters.
OFAC's Frequent Asked Questions -...more
The U.S. recently announced some important updates related to U.S. sanctions affecting Iran and Russia:
Iran. On May 8, 2018, President Donald Trump announced his decision to cease U.S. participation in the Joint...more
Information provides the cornerstone to the modern economy. Information flows across information technology networks similar to water naturally flowing down our mountains, into our streams and rivers, and out to the oceans....more
Recently, many revisions to U.S. sanction programs (both implemented and under consideration) have been the topic of much public discussion. Often, the legal status or these revisions may be difficult to determine....more
Implementation Day for the Iranian JCPOA -
January 16, 2016 marked Implementation Day for the Joint Comprehensive Plan of Action (JCPOA), as the US Secretary of State confirmed that the International Atomic Energy Agency...more
The international nature of information technology has led to the globalization of software. Globalization can have unintended negative consequences on an organization, if a company’s software should find its way to a...more
Recently, Standard Chartered Bank (SCB) was in the news again for stripping original wire details so that payments would go undetected by the U.S. Department of Treasury's Office of Foreign Assets Control (OFAC)....more