News & Analysis as of

Office of Foreign Assets Control (OFAC) Bureau of Industry and Security (BIS)

ArentFox Schiff

At Long Last, BIS Relaxes Export Controls for Syria

ArentFox Schiff on

After a three month wait, the US Department of Commerce’s Bureau of Industry and Security (BIS) has finally caught up with the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) in relaxing restrictions...more

Foley Hoag LLP

U.S. Department of Commerce Issues Final Rule Relaxing Export Controls on Syria

Foley Hoag LLP on

Key Takeaways: The Bureau of Industry and Security (“BIS”) has issued a final rule significantly relaxing export controls on Syria under the Export Administration Regulations (“EAR”), in line with Executive Order 14312, which...more

Mayer Brown

United States Substantially Relaxes Export Controls on Syria

Mayer Brown on

On September 2, 2025, the US Department of Commerce’s Bureau of Industry and Security (“BIS”) issued its widely anticipated Final Rule “Relaxing Export Controls for Syria” (the “BIS Rule”) that substantially eases export...more

Wilson Sonsini Goodrich & Rosati

BIS Implements New Changes to Syria Export Control Regulations

Consistent with Executive Order 14312 and following OFAC’s rescission of economic sanctions on Syria on July 1, 2025, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has announced updates to the...more

Kelley Drye & Warren LLP

BIS Relaxes Export Controls for Syria

On August 28th, 2025, the Department of Commerce’s Bureau of Industry and Security (BIS) announced a final rule making changes to the Syria export control measures under the Export Administration Regulations (EAR). The rule,...more

Fenwick & West LLP

BIS Issues Rule Relaxing Export Controls on Syria, Authorizing EAR99 Items, and Expanding License Exceptions

Fenwick & West LLP on

On August 28, 2025, the Department of Commerce’s Bureau of Industry and Security (BIS) issued a final rule relaxing export controls on Syria in response to the June 30, 2025 Executive Order (EO) 14312 “Providing for the...more

BakerHostetler

Weekly Blockchain Blog - August 2025 #4

BakerHostetler on

Wyoming Launches Stablecoin; US Bank Enables Blockchain-Based Payments - On Aug. 19, Wyoming became the first U.S. state to issue its own stablecoin, the Frontier Stable Token (FRNT)....more

Braumiller Law Group, PLLC

Hot Topics in International Trade - The Daunting Task of Export Compliance With Braumiller Law Group

The Daunting Task of Export Compliance and Sanctions with Senior Associate Attorney Megan Mohler and VP Marketing/NBD Bob Brewer Braumiller Law Group. Megan Mohler discusses the pitfalls that many exporters run into when...more

Foley & Lardner LLP

Understanding Global Trade Conflicts and Their Impact on Supply Chains

Foley & Lardner LLP on

The ongoing U.S.-China trade war, recent hostilities in the Middle East, and the continuing war in Ukraine all represent matters implicating current national security concerns for companies operating within the United States...more

The Volkov Law Group

Lessons Learned in the New Aggressive Trade Enforcement Environment: Cadence Ignored Important Red Flags (Part III of III)

The Volkov Law Group on

Well, we are in a new era — a fundamental change has occurred, long in the making. National security and trade enforcement have coalesced to elevate trade risks — sanctions and export controls violations will be prosecuted...more

The Volkov Law Group

Episode 378 — Update on Export and Sanctions Enforcement Cases

The Volkov Law Group on

The Trump Administration is aggressively pursuing export controls and sanctions enforcement. In two separate cases, the Treasury Department’s Office of Foreign Asset Control and the Commerce Department’s Bureau of Industry...more

The Volkov Law Group

Episode 378 -- Update on Export Controls and Sanctions Enforcement

The Volkov Law Group on

What happens when companies ignore red flags, bypass legal advice, and underestimate the reach of U.S. export laws? In this episode, Michael Volkov unpacks two major enforcement actions from the Department of Commerce’s...more

Kilpatrick

6 Key Takeaways | 2025 Mid-Year Review: Key Takeaways from U.S. Sanctions Enforcement Actions and Regulatory Updates

Kilpatrick on

In the first half of 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published 4 enforcement actions regarding apparent sanctions violations and also made some key updates to its...more

Skadden, Arps, Slate, Meagher & Flom LLP

A New Road to Damascus: Trump Administration Lifts US Sanctions on Syria

Pursuant to a sweeping new executive order (EO) issued on June 30, 2025, the Trump administration has lifted virtually all U.S. sanctions targeting Syria, shuttered the Syria sanctions program administered by the Office of...more

Fenwick & West LLP

United States Lifts Comprehensive Sanctions on Syria, Export Controls Remain For Now

Fenwick & West LLP on

On June 30, 2025, the White House issued Executive Order 14312, Providing for the Revocation of Syria Sanctions (the Syria EO), terminating U.S. comprehensive sanctions on Syria effective July 1, 2025. ...more

The Volkov Law Group

Episode 376 -- DOJ's Unicat Settlement and the Future Look of Trade Enforcement Actions

The Volkov Law Group on

What happens when a company inherits a sanctions violation through acquisition, and acts fast to fix it? Can a robust post-acquisition response really save a parent company from prosecution? In this episode, Michael...more

Wilson Sonsini Goodrich & Rosati

From Embargo to Engagement: U.S. Reopens Doors to Syria

After the fall of the former regime of Bashar al-Assad in Syria, the Presidential Administration has taken steps to formally dismantle the U.S.’s two-decade-long comprehensive trade restrictions on Syria. These steps began...more

Troutman Pepper Locke

With Additional Syria Sanctions Relief, Risks Remain

Troutman Pepper Locke on

On June 30, 2025, President Trump issued an executive order (EO) that, effective July 1, revokes the U.S. sanctions program on Syria, and calls for the removal of the Syrian Sanctions Regulations from the Code of Federal...more

Kelley Drye & Warren LLP

White House Terminates Most Syria Sanctions

On June 30, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) implemented the President’s Executive Order ​“Providing for the Revocation of Syria Sanctions,” (Syria EO) which removes U.S. sanctions on...more

A&O Shearman

DOJ Issues First-Ever Declination For Sanctions Violations Since Creation Of The M&A Safe Harbor Policy

A&O Shearman on

On June 16, 2024, the U.S. Department of Justice’s (“DOJ”) National Security Division (“NSD”) and the U.S. Attorney’s Office for the Southern District of Texas (“SDTX”) announced the first-ever declination to prosecute a firm...more

McDermott Will & Schulte

From risk to relief: PE firm avoids prosecution with swift disclosure

In June 2025, the US Department of Justice (DOJ) announced that it declined to prosecute a private equity firm and its affiliates following the firm’s voluntary self-disclosure of criminal violations of US sanctions and...more

Proskauer Rose LLP

DOJ Declination of Private Equity Firm Underscores Need for Robust M&A Due Diligence

Proskauer Rose LLP on

On June 16, 2025, the U.S. Department of Justice (“DOJ”), including its National Security Division (“NSD”) and the U.S. Attorney’s Office for the Southern District of Texas, announced that they would not prosecute White Deer...more

The Volkov Law Group

DOJ’s Coordinated Resolution with Unicat Resolves OFAC, BIS and CBP Violations (Part II of III)

The Volkov Law Group on

DOJ’s Unicat resolution is a perfect example of the new trade enforcement reality under the Trump Administration.  DOJ spearheaded a global resolution of sanctions, customs and export controls violations, while declining to...more

The Volkov Law Group

Unicat Settles with DOJ and Resolves Sanctions, Export Controls and Customs Violations Applying Voluntary Disclosure Policy in M&A...

The Volkov Law Group on

In an interesting enforcement action reflecting the Administration’s priority on sanctions, export and customs enforcement, DOJ announced a global resolution with DOJ, OFAC, BIS and CBP and Unicat Catalyst Technologies...more

White & Case LLP

DOJ Declines to Prosecute Private Equity Firm after Post-Acquisition Voluntary Self-Disclosure of Sanctions and Export Control...

White & Case LLP on

In its first application of the policy on voluntary self-disclosures (“VSDs”) in connection with mergers and acquisitions (“M&A”), on June 16, 2025, the US Department of Justice’s (“DOJ”) National Security Division (“NSD”)...more

627 Results
 / 
View per page
Page: of 26

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide