On September 15, 2022, the United States imposed further export control and sanctions measures in response to the ongoing conflict in Ukraine. Among the additional measures implemented are the following...more
9/22/2022
/ Biden Administration ,
Blocked Person ,
Commerce Control List ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
Financial Transactions ,
Foreign Policy ,
Foreign Trade Regulations ,
General Licenses ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Ukraine
Following a meeting of G7 leaders on May 8, 2022, the United States enacted additional sanctions and export control measures in response to the ongoing conflict in Ukraine. Among the changes: a prohibition on U.S. persons...more
5/13/2022
/ Blocked Entities ,
Economic Sanctions ,
Export Controls ,
Final Rules ,
G7 ,
General Licenses ,
Office of Foreign Assets Control (OFAC) ,
Prohibited Transactions ,
Russia ,
SDN List ,
Ukraine ,
Visa Restrictions ,
Visas
The United States has taken further export control and sanctions measures in response to the ongoing conflict in Ukraine. Among the changes: SDN designations of additional persons, entities and vessels, ban on new investment...more
Expanded Sanctions Authority -
As part of the sweeping restrictive measures that the United States has issued in response to the conflict in Ukraine, on March 31, 2022, the U.S. Department of Treasury’s Office of Foreign...more
4/4/2022
/ Belarus ,
Biden Administration ,
Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
Executive Orders ,
Export Controls ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Ukraine
Last week, the United States continued to impose sweeping restrictive measures in response to the conflict in Ukraine, including measures targeting imports of certain Russian energy and “signature” products into the United...more
3/16/2022
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
Canada ,
Economic Sanctions ,
EU ,
Executive Orders ,
Export Controls ,
Exports ,
Foreign Relations ,
G7 ,
General Licenses ,
Imports ,
Most-Favored Nations ,
Russia ,
Trade Restrictions ,
UK ,
Ukraine ,
USTR
On March 2, 2022, in response to the increased escalation in Ukraine, the U.S. Commerce Department’s Bureau of Industry and Security (BIS) imposed new export control measures targeting Belarus for its assistance to Russia...more
3/4/2022
/ Belarus Sanctions ,
Bureau of Industry and Security (BIS) ,
ECCNs ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
Financial Institutions ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Ukraine
In addition to compliance considerations under US sanctions associated with activities of U.S. persons, companies should also ensure that their compliance programs take into account the expansion under U.S. export controls of...more
12/13/2021
/ Burma ,
Cambodia ,
Chemical Weapons ,
Chief Compliance Officers ,
China ,
Compliance ,
Defense Sector ,
Export Administration Regulations (EAR) ,
Export Controls ,
Military End Use ,
National Security ,
Nuclear Weapons ,
Prohibited Transactions ,
Russia ,
U.S. Commerce Department ,
Venezuela
Effective September 7, 2021, the U.S. government imposed a second round of sanctions on Russia in connection with its determination that the Russian Federation violated the Chemical Weapons Convention based on the attack on...more
U.S. and multinational companies with business involving China should be on the alert given recent changes in U.S. export controls and sanctions. During the months of June and July this year, the U.S. government has taken...more
9/2/2021
/ Biden Administration ,
China ,
Compliance ,
Economic Sanctions ,
Executive Orders ,
Export Controls ,
Hong Kong ,
Multinationals ,
National Security ,
SDN List ,
Supply Chain ,
Trump Administration
On April 29, 2021, the Office of Foreign Assets Control (“OFAC”) of the U.S. Department of Treasury, and the Bureau of Industry and Security (“BIS”) of the U.S. Department of Commerce announced settlements with German...more
5/26/2021
/ Attorney General ,
Bureau of Industry and Security (BIS) ,
Civil Monetary Penalty ,
Compliance ,
Corporate Counsel ,
Data Blocking ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Export Administration Regulations (EAR) ,
Export Controls ,
Geo-Blocking ,
Geolocation ,
Germany ,
Iran ,
Iran Sanctions ,
ITAR ,
ITSR ,
Office of Foreign Assets Control (OFAC) ,
SAP SE ,
Settlement ,
Technology Sector ,
U.S. Treasury
In response to a variety of activities allegedly undertaken by Russia, the U.S. Government has imposed a series of additional sanctions and export control measures since early March. Collectively, the March and April...more
4/30/2021
/ Biden Administration ,
CAATSA ,
Defense Sector ,
Economic Sanctions ,
Entity List ,
Executive Orders ,
Export Controls ,
Intelligence Services ,
ITAR ,
Office of Foreign Assets Control (OFAC) ,
Publicly-Traded Companies ,
Reporting Requirements ,
Russia ,
SDN List ,
US State Departments
Adding to the challenges of implementing the expanded military end use/end user rule in Part 744.21 of the Export Administration Regulations (“EAR”), restrictions on transactions involving military-intelligence end uses and...more
On February 2, 2021, the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce announced a settlement with Princeton University to resolve alleged violations of the Export Administration Regulations (EAR)...more
On October 15, 2020, the United States Department of the Treasury will implement a final rule modifying certain provisions of the regulations of the Committee on Foreign Investment in the United States (CFIUS), implemented...more
On October 10, 2018, CFIUS published what may be only its first set of interim rules implementing specific provisions of the Foreign Risk Review Modernization Act (FIRRMA). These rules: (1) create a pilot program both...more
10/16/2018
/ CFIUS ,
Covered Transactions ,
Critical Infrastructure Sectors ,
Cross-Border Transactions ,
Export Controls ,
Filing Requirements ,
FIRRMA ,
Foreign Investment ,
NAICS ,
National Security ,
NDAA