Compliance with sanctions regimes has been a priority for debt markets. Amid rising geopolitical tensions, the stakes for lenders and borrowers are higher than ever -
Intensifying geopolitical tensions and the US...more
9/5/2024
/ Banking Sector ,
Biden Administration ,
Borrowers ,
Debt Market ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Export Controls ,
International Emergency Economic Powers Act (IEEPA) ,
Lenders ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Regulatory Authority ,
Sanctions
On February 28, 2024, President Biden signed Executive Order 14117 on "Preventing Access to Americans' Bulk Sensitive Data and United States Government-Related Data by Countries of Concern" (the EO).1 The EO calls for the...more
On August 9, 2023, President Biden issued a long-awaited Executive Order ("the EO") establishing a new Outbound Investment Program ("OIP") to prohibit certain outbound US investments to China (including Hong Kong and Macau)...more
8/18/2023
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Biden Administration ,
China ,
Executive Orders ,
Foreign Investment ,
National Security ,
Notice Requirements ,
Outbound Transactions ,
Popular ,
Prohibited Transactions ,
Semiconductors ,
Technology Sector ,
U.S. Treasury
Following in the footsteps of its predecessor administration, the Biden administration has continued to pursue forceful policies to restrict China's military and technological capabilities and to secure US primacy in advanced...more
12/12/2022
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
China ,
Competition ,
Data Security ,
Economic Sanctions ,
Export Controls ,
New Rules ,
Regulatory Standards ,
Russia ,
Securities and Exchange Commission (SEC) ,
Taiwan ,
Technology Sector ,
Ukraine ,
Uyghur Forced Labor Prevention Act (UFLPA)
Navigating complexities under a new US administration -
Companies active in mainland China and the United States watched with anticipation to see whether the new US Biden administration would depart from aggressive policy...more