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Foley Hoag LLP

U.S. and EU Take Steps Towards Easing Sanctions on Syria

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On May 23, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued General License No. 25 (“GL 25”) authorizing certain transactions involving Syria and a specified list of blocked...more

BakerHostetler

The Weekly Hill Update - June 2025

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Below is this week’s congressional update by BakerHostetler’s Federal Policy team. We’ll continue to post in weeks when both chambers of Congress are in session....more

Bass, Berry & Sims PLC

U.S. Government Eases Some Restrictions on Syria

On May 23, 2025, the U.S. Treasury Department, Office of Foreign Assets Control (OFAC) announced several actions to provide sanctions relief to Syria. OFAC is the primary government agency responsible for administering U.S....more

Torres Trade Law, PLLC

Court of International Trade Blocks Most Trump Tariffs

On May 28, 2025, a three-judge panel of the U.S. Court of International Trade (“CIT”) held that all Trump administration tariff actions based on the International Emergency Economic Powers Act (“IEEPA”) are unconstitutional....more

Lathrop GPM

Trump Tariffs Remain in Place...For Now

Lathrop GPM on

On May 29, a federal appeals court temporarily reinstated key portions of the Trump administration’s tariff strategy, just one day after a trade court ruling threatened to derail it. ...more

Ice Miller

Historic Rulings on Tariffs Set Stage for Potential Supreme Court Showdown

Ice Miller on

On May 29, 2025, the U.S. District Court for the District of Columbia issued two historic rulings in the case of Learning Resources, Inc., et al., vs. Donald Trump, et al. First, it ruled that the Court of International Trade...more

Venable LLP

America First's First Trade Deal: White House Announces UK Deal "General Terms"

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On May 8, the White House announced President Trump's first trade deal under his America First Policy. The deal struck between the United States and the United Kingdom will revise some of the tariffs imposed on the UK so far...more

Mayer Brown

UK Weekly Sanctions Update - Week of May 26, 2025

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In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

Compliance and Ethics: Ideas & Answers

Sony’s practical example of how to measure your program

Is your compliance program working?  Measurement is one of the challenges everyone in our field faces. A few years ago, in the monthly interview article in SCCE’s Compliance & Ethics Professional magazine, Adam Turteltaub...more

Torres Trade Law, PLLC

Outbound enforcement has started; Treasury contacting U.S. investors

Even though the Trump administration is reviewing the outbound foreign investment review regime, enforcement has begun. We’ve now heard multiple reports that the Treasury Department is reaching out to U.S. venture capital and...more

Venable LLP

New Florida Law Restricts Foreign Support for Nonprofits and Charitable Sales Promotions and Establishes State-Maintained "Honest...

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Effective July 1, 2025, a recently enacted Florida law, Senate Bill 700, will broadly prohibit those involved with charitable solicitations or sales promotions from receiving or soliciting funds from individuals and entities...more

Troutman Pepper Locke

The Big Beautiful Bill and the Effects on Bank Lending Into the US

Troutman Pepper Locke on

Every year, foreign lenders make thousands of loans to U.S. entities. The U.S. withholding tax on the related interest payments has been generally stable since 1984. The general rule is that interest paid under these loans...more

Jones Day

CFTC Divisions Interpret "U.S. Person" Definition and U.S. Location Versus Foreign Location

Jones Day on

A 2024 CFTC enforcement action settlement that may have introduced a new test for when the Commodity Exchange Act and the agency's regulations apply on a cross-border basis concerned then-CFTC Commissioner and now Acting CFTC...more

Baker Botts L.L.P.

Trump Tariff Tracker -- May 28

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In a stunning turn of events for the Trump Administration’s trade policy, today, May 28, the Court of International Trade vacated President Trump's reciprocal tariffs and trafficking-related tariffs on China, Canada and...more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of May 2025

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I. U.S. Sanctions - President Trump Threatens Sanctions on Russia Following Drone Attack on Ukraine: On May 28, Bloomberg reported that President Trump said he was “‘absolutely’ considering new sanctions against Russia as...more

Baker Botts L.L.P.

UAE’s Stargate – A Defining Moment for Global AI and Infrastructure

Baker Botts L.L.P. on

The UAE’s bold move to launch the “Stargate” AI data center in Abu Dhabi by 2026 is more than a technological milestone. It’s a strategic play that reinforces the country’s ambition to lead in AI, digital infrastructure, and...more

Ropes & Gray LLP

2025 Medtech Regulatory Affairs Roundtable: Key Takeaways

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On May 22, Ropes & Gray and McKinsey & Company co-hosted the 12th Medtech Regulatory Affairs Roundtable online. Around 40 Regulatory Affairs leaders from Chinese and multinational medtech companies gathered to review and...more

Holland & Knight LLP

Mexico Creates Specialized General Agency on Criminal Organizations

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Mexico's Official Gazette of the Federation (Diario Oficial de la Federación) published a decree to reform and add provisions to the Internal Regulations of the Ministry of Finance and Public Credit (SHCP), establishing the...more

Baker Botts L.L.P.

Navigating SEP Disputes Before the ITC: Strategy, Standards, and the Reach of Anti-Suit Injunctions

Baker Botts L.L.P. on

The U.S. International Trade Commission is a unique forum in the realm of intellectual property litigation. Originally established as a trade body to assess tariffs and the economic implications of global trade, the ITC now...more

Morrison & Foerster LLP

DOJ Criminal Division Revises Its Corporate Enforcement Policy, Monitor Selection Policy, and Whistleblower Award Program

On May 12, 2025, the Criminal Division of the U.S. Department of Justice (DOJ) revised its Corporate Enforcement and Voluntary Self-Disclosure Policy (CEP) and Corporate Whistleblower Awards Pilot Program (Whistleblower...more

WilmerHale

The United States and European Union Offer Sanctions Relief to Post-Assad Syria

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Following the fall of Syria’s Assad regime, the United States and key allies have recently announced sanctions relief with the stated goal of stabilizing Syria under its newly installed leaders. ...more

K&L Gates LLP

Tariffs & Supply Chains: An English Law Perspective on Contractual Levers You May Have (or Want)

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These are challenging times for supply chains. In recent months, the US government has announced, reversed, delayed, adjusted, and enacted a series of tariffs on imports to the United States from a long list of countries;...more

Baker Botts L.L.P.

U.S. Government Issues Broad Sanctions Relief for Syria

Baker Botts L.L.P. on

On May 23, 2025, the Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued Syria General License 25 (“GL 25”), effectively lifting U.S. sanctions on Syria. This move follows President Trump’s announcement on...more

K&L Gates LLP

Europe: Ireland Agrees Mutual Recognition of Funds Framework With Hong Kong

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The Central Bank of Ireland (CBI) and the Securities and Futures Commission of Hong Kong (SFC) entered into a Memorandum of Understanding on 14 May 2025 establishing a framework for the mutual recognition of funds (MRF)...more

Ropes & Gray LLP

A Look at a New Template for Collecting Forced Labor Due Diligence Information from Suppliers

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The Automotive Industry Action Group (AIAG) recently published Version 2.0 of its new Due Diligence Reporting Template (DDRT). The DDRT supports AIAG’s Forced Labor Due Diligence Program for the automotive industry. According...more

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