The Compliance Kitchen - OFAC issues Ethiopia Sanctions Regs
This guide provides an overview of the types of assets over which security can be taken, the different types of security, as well as the related procedures for the perfection and enforcement of such security in Africa....more
Because of ongoing conflicts in Ethiopia and Gaza, the U.S. Department of Homeland Security (DHS) announced relaxed employment authorization standards for Ethiopian and Palestinian F-1 students who are eligible for work...more
The Department of Homeland Security (DHS) has extended and redesignated Temporary Protected Status (TPS) for Ethiopia until Dec. 12, 2025. The decision to renew and redesignate is based on the ongoing armed conflict in the...more
Several U.S. sanctions and restrictions on Ethiopia and Eritrea remain in place due to the countries’ failure to fully implement the peace deal reached with the Tigray People’s Liberation Front in November 2022. While...more
Ethiopia has been designated for Temporary Protected Status (TPS) for 18 months beginning on December 12, 2022 and extending until June 12, 2024. Only Ethiopians already residing in the United States as of October 20, 2022,...more
U.S. sanctions and other restrictions on Ethiopia and Eritrea may persist despite a recent peace deal between the Ethiopian government and the Tigray People’s Liberation Front. The deal purports to end hostilities in an armed...more
This is the fifth post in this year’s series examining important trends in white collar law and investigations. Our previous post discussed trends in State AG enforcement. Up next: SEC Enforcement in 2022: A Look Ahead. ...more
OFAC issues Ethiopia Sanctions Regulations concerning the human rights crisis in the country. Tune in to Compliance Podcast Network to find out. #ComplianceKitchen #OFAC #Sanctions #Ethiopia #CPN...more
On November 12, 2021, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), pursuant to Executive Order 14046, Imposing Sanctions on Certain Persons With Respect to the Humanitarian and Human Rights...more
1. Expanded Export Controls on Certain Biological Equipment Software Are Coming- As part of the Bureau of Industry and Security’s emerging and foundational technology control effort, new export controls are forthcoming...more
Crypto Rating Council releases its securities law framework - On May 11, 2021, the Crypto Rating Council (CRC) released the securities framework it developed to assess the likelihood of a digital asset being deemed a...more
On 2 April 2021, Ethiopia enacted a new arbitration law, known as the Arbitration and Conciliation Working Procedure, Proclamation Number 1237/2021 (the "Proclamation"), to apply to commercial domestic arbitrations and...more
With a population of over 1 billion people and a landmass larger than the combined areas of the USA, India and China, Africa presents a significant opportunity for the air transport industry. The Single African Air Transport...more