Cameron Peek

Akin Gump Strauss Hauer & Feld LLP

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President Biden Signs Executive Order on Outbound Investment

Key Points - On August 9, 2023, President Biden issued a long-anticipated Executive Order on outbound investment aimed at addressing concerns related to China’s advancement in sensitive technologies critical for military,...more

8/16/2023 / Advanced Notice of Proposed Rulemaking (ANPRM) , Biden Administration , CFIUS , China , Covered Transactions , Executive Orders , Foreign Investment , National Security , NDAA , Technology Sector

Biden Administration Revamps Sanctions Program Targeting Publicly Traded Securities of Designated Chinese Military Companies

On June 3, 2021, President Biden issued Executive Order 14032 (Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China) (“CMIC EO”) that modifies the Trump-era...more

6/8/2021 / Biden Administration , China , Executive Orders , Foreign Relations , National Security , Office of Foreign Assets Control (OFAC) , Prohibited Transactions , Publicly-Traded Companies , Securities Transactions

Biden Administration Issues New Sanctions and Export Controls to Respond to Coup in Burma

Key Points - On February 11, 2021, in the first deployment of sanctions since assuming office, President Biden issued EO 14014, authorizing sanctions against members of the Burmese military and related parties responsible...more

2/23/2021 / Biden Administration , Bureau of Industry and Security (BIS) , Burma , Executive Orders , Export Administration Regulations (EAR) , Export Controls , Myanmar , Office of Foreign Assets Control (OFAC) , Sanctions , SDN List

Turkey: U.S. and EU Sanctions Developments

Key Points - On December 14, 2020, in response to Turkey’s procurement of the S-400 surface-to-air missile system from Russia in 2019, the Trump administration imposed new sanctions on the Turkish Presidency of Defense...more

12/23/2020 / Biden Administration , CAATSA , Directorate of Defense Trade Controls (DDTC) , Economic Sanctions , Energy Sector , Exports , NATO , NDAA , Office of Foreign Assets Control (OFAC) , Turkey

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