US SANCTIONS -
US Department of the Treasury Takes Further Action against Russia’s International Supply Chains: On August 23, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the US...more
8/30/2024
/ Biden Administration ,
Economic Sanctions ,
EU ,
Export Controls ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
General Licenses ,
Military Conflict ,
Office of Financial Sanctions Implementation (OFSI) ,
Russia ,
Supply Chain ,
U.S. Treasury ,
UK ,
Ukraine
On April 24, 2024, President Biden signed into law H.R. 815, the National Security Supplemental (the “Act”). While much of the focus centered on the foreign aid package for Israel, Ukraine, and the Indo-Pacific, the bill...more
4/30/2024
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
Cybersecurity ,
Economic Sanctions ,
Export Controls ,
Foreign Aid ,
International Emergency Economic Powers Act (IEEPA) ,
National Security ,
National Security Supplemental ,
New Legislation ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Reform ,
Statute of Limitations ,
TWEA
I. US SANCTIONS -
US Department of the Treasury Sanctions Russian Companies Based on a Determination that They Were Supporting Sanctions Evasion: On March 25, the US Department of the Treasury’s Office of Foreign Assets...more
3/29/2024
/ China ,
Economic Sanctions ,
EU ,
Export Controls ,
Foreign Policy ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Supply Chain ,
Trade Relations ,
UK ,
Ukraine ,
US Department of State
On March 6, 2024, the US Departments of Commerce (“Commerce”), Treasury (“Treasury”), and Justice (“DOJ”) released their latest Tri-Seal Compliance Note (“Note”), which focuses on the “Obligations of foreign-based persons to...more
3/14/2024
/ Department of Justice (DOJ) ,
Economic Sanctions ,
Export Controls ,
Extraterritoriality Rules ,
Foreign Relations ,
International Emergency Economic Powers Act (IEEPA) ,
Office of Foreign Assets Control (OFAC) ,
Self-Disclosure Requirements ,
U.S. Commerce Department ,
U.S. Treasury ,
US Trade Policies
I. US SANCTIONS -
US Department of the Treasury Sanctions Almost 300 Individuals and Entities: On February 23, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned almost 300 individuals...more
3/1/2024
/ Asset Freeze ,
Bureau of Industry and Security (BIS) ,
Compliance ,
Economic Sanctions ,
Entity List ,
EU ,
European Commission ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Foreign Policy ,
Imports ,
Office of Financial Sanctions Implementation (OFSI) ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
U.S. Treasury ,
UK ,
Ukraine
Following the invasion of Ukraine by Russia on February 24, 2022, the United States ("US"), the European Union ("EU"), and the United Kingdom ("UK") adopted—together with their allies—successive waves of sanctions, in an...more
2/28/2024
/ Critical Infrastructure Sectors ,
Economic Sanctions ,
Entity List ,
EU ,
Export Controls ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
General Licenses ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
UK ,
Ukraine ,
Vladimir Putin ,
White Collar Crimes
On December 12, 2023, the US House Select Committee on the Chinese Communist Party (CCP) (“Select Committee”) released a report titled “Reset, Prevent, Build: A Strategy to Win America’s Economic Competition with the Chinese...more
12/22/2023
/ CFIUS ,
China ,
Economic Sanctions ,
Exports ,
FIRRMA ,
Foreign Policy ,
Human Rights ,
Imports ,
Investment ,
Supply Chain ,
Trade Relations ,
US Trade Policies
A new executive order (the “EO”) signed by President Biden on June 3, 2021, amends existing prohibitions on US investments in companies that the US government has determined support the military of the People’s Republic of...more
6/10/2021
/ American Depository Receipts (ADRs) ,
Biden Administration ,
China ,
Economic Sanctions ,
Executive Orders ,
Foreign Policy ,
Human Rights ,
Investment ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Securities Transactions