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
2/25/2022
/ Afghanistan ,
Belarus ,
Biden Administration ,
Bureau of Industry and Security (BIS) ,
Burma ,
Cambodia ,
CFIUS ,
China ,
Cuba ,
Economic Sanctions ,
Enforcement ,
Ethiopia ,
Executive Orders ,
Export Administration Regulations (EAR) ,
Export Controls ,
Human Rights ,
International Criminal Court ,
Iran Sanctions ,
ITAR ,
Joint Comprehensive Plan of Action (JCPOA) ,
Myanmar ,
Nicaragua ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
SDN List ,
Securities and Exchange Commission (SEC) ,
Sudan ,
U.S. Treasury ,
Uyghur Forced Labor Prevention Act (UFLPA) ,
Venezuela ,
Virtual Currency ,
Withhold Release Orders (WROs)
For months, the Biden administration and the governments of U.S. allies around the world have raised concerns about Russian actions in the region. In the same breath, those governments have warned of massive, coordinated...more
2/18/2022
/ Aerospace ,
Banking Sector ,
Banks ,
Belarus Sanctions ,
Biden Administration ,
China ,
Economic Sanctions ,
Energy Sector ,
EU ,
Export Controls ,
Foreign Direct Product Rule ,
Investment Controls ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
SWIFT ,
UK ,
Ukraine
On November 3, 2021, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) added two Israeli entities to the Entity List due to malicious cyber activities. In its press release, BIS stated that the...more
11/15/2021
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
Cryptocurrency ,
Cyber Crimes ,
Entity List ,
Export Administration Regulations (EAR) ,
Export Controls ,
Interim Final Rules (IFR) ,
Israel ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Sanctions ,
SDN List
The U.S Department of the Treasury’s Office of Foreign Assets Control (OFAC) has published guidance to aid members of the virtual currency industry (ranging from tech companies to brokers to users) in complying with OFAC...more
Ransomware payments continue to be a focus of the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”). As previously reported by Foley Hoag, on October 1, 2020, OFAC released an advisory regarding potential...more
10/1/2021
/ Critical Infrastructure Sectors ,
Cyber Attacks ,
Cybersecurity ,
Enforcement Actions ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Proposed Legislation ,
Ransomware ,
Regulatory Oversight ,
Sanctions ,
SDN List ,
U.S. Treasury
Sales of your software are robust around the globe. You have a network of third-party resellers, distributors or implementation partners that are driving international growth. Your customers praise your efficient maintenance...more
5/20/2021
/ Bureau of Industry and Security (BIS) ,
Civil Monetary Penalty ,
Department of Justice (DOJ) ,
Export Controls ,
Germany ,
Investigations ,
Iran ,
Iran Sanctions ,
Non-Prosecution Agreements ,
Office of Foreign Assets Control (OFAC) ,
Sanctions ,
SAP SE ,
Settlement ,
Software ,
Voluntary Disclosure
On October 1, 2020, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) released an advisory regarding potential sanctions risks related to facilitating ransomware payments...
OFAC is the federal...more
10/16/2020
/ Cyber Attacks ,
Cyber Threats ,
Cybersecurity ,
Data Breach ,
FCPA Guidance ,
Hackers ,
International Emergency Economic Powers Act (IEEPA) ,
Malware ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Ransomware ,
Risk Factors ,
Sanctions ,
SDN List ,
TWEA