News & Analysis as of

Goods or Services Export Controls Exports

Troutman Pepper Locke

US Extends China Tariff Truce by 90 Days

Troutman Pepper Locke on

On August 11, President Trump issued an executive order, "Further Modifying Reciprocal Tariff Rates to Reflect Ongoing Discussions With the People's Republic of China" (Order), extending the suspension of heightened tariffs...more

Hughes Hubbard & Reed LLP

The EU Adopts Broad New Sanctions Against Russia, Including 17th and 18th Packages, and Belarus Sanctions Alignment Package

The European Council ended a highly active semester on the economic sanctions front with the adoption of its 17th and 18th economic sanctions packages (Russia Sanctions Packages or Sanctions Packages) against Russia for its...more

Hughes Hubbard & Reed LLP

$140M US Export Controls Enforcement Action for ‘Reason to Know, Including Awareness of a High Probability’ Violations

On July 28, the U.S. Department of Justice’s National Security Division and the Department of Commerce’s Bureau of Industry and Security (BIS) jointly announced resolutions of parallel criminal and administrative...more

The Volkov Law Group

Biden Administration Issues New Guidance for Freight Forwarders

The Volkov Law Group on

New guidance from the Biden Administration mandates that freight forwarders are responsible for complying with trade sanctions and export compliance. On December 11, 2023, the Biden Administration released a 10-page sanctions...more

Robinson+Cole Manufacturing Law Blog

Five Eyes on Sanction Enforcement: Joint Guidance on Russia Sanctions Evasion From U.S. and Allies Identifies Detailed...

On September 26, 2023, U.S. export enforcement authorities, jointly with enforcement authorities in four allied countries (the Five Eyes), issued additional guidance in order to prevent the diversion of goods in violation of...more

Freeman Law

Maquiladora Program

Freeman Law on

In 1964, the Mexican government introduced Maquiladoras as a strategy to attract foreign investment and increase industrialization on the Mexican border. Maquiladora’s process, produce, transform, or repair goods owned by...more

Society of Corporate Compliance and Ethics...

Matt Silverman on Export Compliance

Few areas of compliance change as rapidly as export controls. People, companies and even countries move on and off the sanctions list. Adding to the complexity, as Matt Silverman, Senior Manager, Compliance & Export Control...more

Hogan Lovells

COVID-19- AFMPS reviews its export ban on certain medicinal products outside the EEA

Hogan Lovells on

The Belgian federal agency for medicines and health products (AFMPS or FAGG) provides that Belgium acts as a logistical platform for certain medicinal products....more

Hogan Lovells

Poland enacts new measures in response to COVID-19

Hogan Lovells on

This week new facilitations and limitations in connection with COVID-19 were introduced in Poland. They include the exemption from taxes on import and intracommunity purchase of selected goods and a new ban on the export of...more

ArentFox Schiff

Maximum Pressure Squared: President Trump Turns His Iran Sanctions Amplifier Up to Eleven

ArentFox Schiff on

Third-country companies doing business with Iran’s construction, mining, manufacturing, or textiles sectors are now at increased risk of being sanctioned. On Friday, January 10, President Trump issued Executive Order (EO)...more

Bass, Berry & Sims PLC

OFAC Settles with Cosmetics Company, Reiterates Importance of Supply Chain Compliance

• Company committed multiple apparent violations of U.S. sanctions on North Korea • Penalty imposed in part because of company’s “non-existent” sanctions compliance program • Settlement underscores need to address supply...more

King & Spalding

e.l.f. Cosmetics Agrees to Pay Nearly $1 Million To Settle Apparent Violations Of U.S. Sanctions Against North Korea

King & Spalding on

This Enforcement Action Underscores The Risks Of Sourcing Products Without Comprehensive Supply Chain Due Diligence - On January 31, 2019, the Office of Foreign Assets Control (“OFAC”) of the U.S. Department of the Treasury...more

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