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The Reopening Continues: OFAC Issues Additional General Licenses Authorizing Activities Related to Venezuelan Oil

Last week Bracewell discussed the Trump administration’s initial easing of restrictions on Venezuelan oil with General License (GL) 46, which opened the door for US companies to revive the long-inaccessible industry. However,...more

United States Eases Sanctions on Venezuelan Oil, Furthering President Trump’s Vision of US Companies Reviving the...

Hours after the US military strike that ousted Venezuelan President Nicolas Maduro, President Trump announced that, “very large US oil companies, the biggest anywhere in the world” would “go in, spend billions of dollars, fix...more

Coordinated & Far-Reaching New Sanctions on Russia Represent Strongest Yet as UK, US, & EU Push to End the War in Ukraine

In August, Bracewell discussed the evolving impact of UK and EU sanctions on corporations in the energy and infrastructure sectors. In a significant escalation, in October, the UK, US and EU changed the landscape again by...more

Diversity Programs Could Mean Defunding, New Attorney General Memorandum Warns

Federal law has long required recipients of federal funds to comply with anti-discrimination laws. Over the last decade, initiatives under the label Diversity, Equity and Inclusion (“DEI”) became a widespread vehicle for...more

FinCEN's Cartel Crackdown on Three Mexican Financial Institutions: Implications for US Financial Transactions

It just got much riskier to do business in Mexico. On June 25, 2025, the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a novel set of orders finding three financial institutions in...more

Trump Administration Efforts to Eliminate Cartels Pose Heightened Risk for Financial Institutions

As discussed in Bracewell’s February 11 and February 26 updates, the executive branch is prioritizing the “total elimination” of cartels and transnational criminal organizations, both through edicts from the Oval Office and...more

Trump Administration Makes First Round of Cartel Foreign Terrorist Organization Designations with Focus on Mexico and Venezuela

The US State Department has made its first round of designations pursuant to Executive Order 14157, “Designating Cartels and Other Organizations as Foreign Terrorist Organizations and Specially Designated Global Terrorists,”...more

Guiding Your Company Through Trump’s New Latin America Enforcement Policy

Shortly after President Trump’s second inauguration, his executive branch took steps to further one of his signature promises: securing the southern border. While these actions primarily impact immigration laws, several...more

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