FINCast Ep. 19 - The DPRK Sanctions Program
As we have warned before, threat actors using QR codes in attacks against victims continue to rise. To illustrate the risk, on January 8, 2026, the FBI issued a FLASH alert, entitled “North Korean Kimsuky Actors Leverage...more
The U.S Department of the Treasury implemented the Final Rules governing outbound investment (the “Rule”) on January 2, 2025. As part of the National Defense Authorization Act of 2026, Congress enacted the Comprehensive...more
Signaling a major shift in U.S. policy on biotechnology supply chain security, Congress has enacted the BIOSECURE Act as part of the Fiscal Year 2026 National Defense Authorization Act (NDAA), The Act imposes broad...more
For human resources and technology teams, the talent and recruitment landscape is already a challenging and competitive environment. Extensive steps are taken to ensure the right candidate is sourced to meet the needs of your...more
Texas Senate Bill 17 (SB 17), signed by Governor Greg Abbott on June 20, 2025, and effective September 1, 2025, establishes sweeping restrictions on the acquisition of real property interests by individuals and entities...more
On November 4, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated eight individuals and two entities for their involvement in laundering funds derived from illicit schemes...more
With the continued rise in remote work, companies now face a unique vector for potentially significant sanctions risks that continues to catch even the most vigilant companies off guard. This threat comes from the Democratic...more
How are multinationals managing sanctions and export control risks in today’s challenging business environment? Attend ACI’s 15th Annual New York Forum on Economic Sanctions to receive the critical information you need to...more
On October 15, 2025, the Financial Crimes Enforcement Network (FinCEN) issued a final rule under Section 311 of the USA PATRIOT Act that prohibits U.S. financial institutions from conducting business with the Cambodia-based...more
Increasingly, the DPRK is disguising remote North Korean IT workers as U.S. based contractors—allowing them to evade U.S. sanctions, generate revenue for the regime, and potentially compromise networks. In this webinar, MoFo...more
The U.S. Department of Justice (DOJ) recently announced a coordinated, nationwide enforcement action countering the Democratic People’s Republic of Korea (DPRK or “North Korea”) government’s efforts to finance its regime...more
On September 1, 2025, Texas implemented new restrictions on real estate ownership by certain foreign individuals and entities through Senate Bill (SB) 17, codified as Texas Property Code Subchapter H (Sections 5.251–5.259)....more
Last month, Paul Hastings sponsored the Cybersecurity Law Workshop at the Spring Privacy & Security Forum held at George Washington University in Washington, D.C. The Cybersecurity Law Workshop featured three panels of...more
The Texas Legislature was active this Session in proposing and passing bills that seek to restrict foreign ownership of real estate and businesses in Texas. Before this session, Texas did not have state-level restrictions on...more
The Senate Finance Committee recently released its own draft of the “One Big Beautiful Bill Act” (the Bill) previously passed by the House as H.R. 1. Both the House and Senate versions of the Bill impose restrictions on...more
On May 22, 2025, the House passed the legislation entitled “The One Big Beautiful Bill” (the “BBB”) that would, if enacted into law, severely restrict clean energy tax incentives. This client update addresses the BBB’s...more
Businesses should be aware of growing security risks from North Korean IT workers targeting freelance contracts from businesses in the U.S. and other countries. Typically, these workers fraudulently claim they are from the US...more
A threat actor group with ties to the Democratic People’s Republic of Korea (“North Korea”) called Contagious Interview is using front companies to spread malware through fake job interviews. This group has a history of...more
As the presidential transition began in January 2025, President Biden promulgated a new National Security Memorandum (NSM) on missile technology exports to advance “the President’s goals of strengthening allied defense...more
On January 8, 2025, the U.S. Department of Justice (“DOJ”) issued its final rule to implement Executive Order 14117 aimed at preventing access to Americans' bulk sensitive personal data and government-related data by...more
On March 21, 2025, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) officially lifted sanctions on Tornado Cash, the decentralized cryptocurrency mixer it had blacklisted in August 2022....more
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
On April 8, 2025, a sweeping rule issued by the US Department of Justice (DOJ) will take effect. The rule imposes restrictions—and in some cases, outright prohibitions—on US companies in connection with certain types of data...more
To help you stay on top of the latest news, our AI practice group has compiled a roundup of the developments we are following....more
The Federal Bureau of Investigation (FBI) recently warned employers of increasing security risks from North Korean workers infiltrating U.S. companies by obtaining remote jobs to steal proprietary information and extort money...more