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Office of Foreign Assets Control (OFAC) Supply Chain Foreign Policy

Alston & Bird

OFAC Takes First Action to Implement “Maximum Pressure” Campaign Against Iran

Alston & Bird on

Following President Trump’s announcement of his administration’s intention to ratchet up sanctions against Iran, OFAC announced Thursday that it is designating a number of Chinese, Indian, and UAE entities as Specially...more

J.S. Held

Engaging With Chinese Companies: Managing ‘Proxy Sanctions’ Risk

J.S. Held on

We are entering a year of acute political risk for international trade, with a high likelihood that the Trump administration will hit China with punitive tariffs and increased export controls. Against the backdrop of trade...more

Katten Muchin Rosenman LLP

U.S. Eases Economic Sanctions on Syria

In the aftermath of the overthrow of the Assad government on December 8, 2024, the United States has eased (but has not lifted) its longstanding economic sanctions program against Syria. On January 6, 2025, the U.S....more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of March

Mayer Brown on

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

The Volkov Law Group

Preparing for the Storm — Effective Compliance in the New Sanctions Era (Part II of II)

The Volkov Law Group on

If companies operated with perfect governance mechanisms and controls, they would all be ready for the coming sanctions enforcement storm.  However, that is not the corporate reality.  Even after several companies are the...more

Venable LLP

New U.S. Sanctions Target Russia's Industrial Base, Additional Financial Institutions, and Technology Suppliers

Venable LLP on

Since the outset of the Russian aggression in Ukraine, the Biden administration has issued incremental sanctions targeting various sectors of the Russian economy, aimed at curbing Russia's ability to wage war against Ukraine....more

Hogan Lovells

U.S. prohibits imports of Russian gold and imposes new sanctions in latest measures against Russia

Hogan Lovells on

The U.S. Government has imposed additional punitive measures against Russia in response to Russia’s actions in Ukraine.  The new measures include a prohibition on imports of Russian gold into the United States, new SDN and...more

Snell & Wilmer

The Russia-Ukraine Conflict: How to Prepare for Looming Sanctions

Snell & Wilmer on

As the Russia-Ukraine conflict escalates, the U.S. Government has started to implement new sanctions on Russian entities on top of the ones that already existed. On February 21, 2022, the Executive Order on Blocking Property...more

Dorsey & Whitney LLP

President Biden Signs New Law Requiring U.S. Blockage of All Imports Made Wholly or Partly in Xinjiang, China

Dorsey & Whitney LLP on

President Biden signed into law on December 23 legislation that will, for the first time, require U.S. Customs and Border Protection (“CBP”) to detain all imports that are made wholly or partly in the Xinjiang Uyghur...more

Lowenstein Sandler LLP

Trade Matters - August 2021

1. Biden Administration Trade Posture- The Biden administration is slowly and steadily reviewing the decisions of the Trump administration. So far, the administration has struck a deal with the EU to end the 17-year-old...more

Morgan Lewis

Update on EO 13959 Prohibiting Transactions in Securities of Chinese Military Companies

Morgan Lewis on

President Trump’s Executive Order Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies (EO 13959) prohibits transactions by or on behalf of US persons in publicly traded...more

Stinson - Government Contracting Matters

EO Addressing Threat from Securities Investments in Chinese Military Companies

As a preface to this blog, I recently gave a presentation with Nate Picarsic and Emily de la Bruyere at the American Bar Association Public Contract Law Section Fall Procurement Symposium on “China’s Military-Civil Fusion...more

Society of Corporate Compliance and Ethics...

US continues trying to enforce ‘secondary sanctions’

Report on Supply Chain Compliance, Volume 2, no. 19 (October 10, 2019) - In a trend that reaches back at least 18 months, the U.S. designated entities for violating sanctions against Iran and Venezuela. In both cases, the...more

The Volkov Law Group

OFAC Fines US Company for Iran Sanctions Violations

The Volkov Law Group on

There is no question that OFAC continues to dominate the enforcement landscape this year.  OFAC has provided plenty of warning and notice to global companies, especially those in the manufacturing and industrial sectors....more

Sheppard Mullin Richter & Hampton LLP

New Executive Order To Further Restrict Business with Huawei and Other Foreign Adversaries Engaged in Cyber Espionage

On May 15, 2019, President Trump issued an Executive Order (“EO”) targeting activities of certain foreign telecommunications companies based in hostile countries. Entitled “Securing the Information and Communications...more

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