The August 2018 enactment of the Foreign Investment Risk Review Modernization Act (FIRRMA) came after more than two years of debate over the appropriate scope of jurisdiction for the Committee on Foreign Investment in the...more
The new sanctions fall within the framework of existing US sanctions against Russia, but have expanded their application by classifying new, prominent individuals and companies as “Specially Designated Nationals.” Given the...more
The imposition of trade remedies against China requires both importers and exporters to prepare for the potential impact of tariffs and expanded foreign investment review....more
Under the Act, secondary sanctions must be imposed on any US or non-US person, wherever located, that the US President determines has engaged in a “significant transaction” with any entity named on that list....more
On August 2, US President Donald Trump signed into law the Countering America’s Adversaries Through Sanctions Act, which enacts a significant expansion of US sanctions against Russia as well as new measures relating to Iran...more
Even in light of EU and US relaxation of sanctions against Iran after Implementation Day, non-US Persons should evaluate any proposed dealings with Iran to make sure such activities do not violate any new or continuing...more
1/26/2016
/ EU ,
Export Controls ,
Foreign Affiliates ,
Foreign Entities ,
General Licenses ,
Implementation Day ,
Iran ,
Iran Sanctions ,
Joint Comprehensive Plan of Action (JCPOA) ,
Office of Foreign Assets Control (OFAC) ,
SDN List ,
Visa Waiver Program
US sanctions are not immediately lifted due to the announcement.
On July 14, the United States, European Union, United Kingdom, France, China, Russia, and Germany (P5+1/E3/EU+3 countries) and Iran reached a Joint...more
7/16/2015
/ Banking Sector ,
Energy Sector ,
EU ,
Executory Contracts ,
Financial Institutions ,
Foreign Relations ,
IAEA ,
Inspections ,
Iran ,
Iran Sanctions ,
Joint Comprehensive Plan of Action (JCPOA) ,
Nuclear Power ,
Nuclear Weapons ,
P5+1 Nations ,
Presidential Veto ,
Trade Relations ,
U.S. Person ,
UN Security Council ,
United Nations