Treasury’s final rule implementing its outbound investment regime went into effect on January 2, 2025. The final rule implemented Executive Order (E.O.) 14105 of August 9, 2023, which declared a national emergency to address...more
On January 13, 2025, BIS issued an interim rule amending the EAR to, among other things, impose a new control on certain advanced AI model weights for certain advanced closed-weight dual-use AI models, and revise controls on...more
Background -
On December 2, 2024, BIS announced two new rules under the EAR targeting the PRC’s ability to produce “advanced-node” semiconductors, including advanced-node integrated circuits (ICs), which can be used in...more
New OFAC Guidance on Statute of Limitations -
On July 22, 2024, the Office of Foreign Assets Control (OFAC) published new guidance addressing how it intends to apply a recent change in the statute of limitations for...more
On June 12, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced several significant additional export control restrictions and related actions against Russia as a response to continued...more
6/26/2024
/ Belarus ,
Belarus Sanctions ,
Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Foreign Policy ,
General Licenses ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List
On April 25, 2024, the Department of Commerce’s Bureau of Industry and Security (BIS) announced the issuance of a final rule that amends the Russian and Belarus Sanctions under the Export Administration Regulations (EAR) to...more
On February 29, 2024, the U.S. Department of Commerce announced that it is launching an investigation into the national security risks posed by Chinese-manufactured technology embedded in connected vehicles (CVs). Such...more
As the 49th Group of Seven (G7) Summit gets underway in Japan, the United States, in coordination with several other G7 members, marked the occasion to announce sweeping new sanctions and export controls aimed at “further...more
On February 24, 2023, the White House marked the one-year anniversary of the Russian invasion of Ukraine by announcing a sweeping package of new sanctions, export controls and tariffs aimed at “holding Russia accountable for...more
On February 16, 2023, the U.S. Department of Justice (DOJ) and the U.S. Department of Commerce announced the creation of the “Disruptive Technology Strike Force” — a multi-agency, multi-geographical effort to ratchet up the...more
Summary of Key Points:
Although this rule is aimed at the semiconductor and supercomputer industries, it will have a much broader effect on U.S. and ex-U.S. manufacturing, including even certain EAR99 goods manufactured...more
Seven months into Russia’s invasion of Ukraine, the United States continues to expand and develop its Russia sanctions program. Most recently, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)...more