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Baker Botts L.L.P.

Congress Readies Sweeping Bipartisan Sanctions Bill Targeting Russia and Its Trading Partners

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In response to Russia’s ongoing invasion of Ukraine, lawmakers in both chambers of Congress have introduced legislation aimed at penalizing Russia through the imposition of sanctions and other economic measures. The...more

Brownstein Hyatt Farber Schreck

Congress Threatens Putin with Sanctions Bill

The Sanctioning Russia Act of 2025 (S.1241/H.R.2548) is currently under consideration in both the Senate and the House in response to Russia’s ongoing invasion of Ukraine. The Senate version, introduced on April 1, 2025, by...more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of May 2025

Mayer Brown on

I. U.S. Sanctions - President Trump Threatens Sanctions on Russia Following Drone Attack on Ukraine: On May 28, Bloomberg reported that President Trump said he was “‘absolutely’ considering new sanctions against Russia as...more

Morgan Lewis

Russia Considers Limiting Repurchase Rights of Foreign Investors Who Exited After February 2022

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The Russia-Ukraine ceasefire and peace negotiations remain uncertain, the European Union and United Kingdom are considering more sanctions against Russia, and the US administration’s next steps are unclear. Anticipating...more

Troutman Pepper Locke

Charting a New Course: The SHIPS Act of 2025 (Reintroduced)

Troutman Pepper Locke on

On April 30, 2025, Senators Mark Kelly (D-AZ) and Todd Young (R-IN) — joined by a bipartisan group of Senate and House sponsors — reintroduced the Shipbuilding and Harbor Infrastructure for Prosperity and Security (SHIPS) for...more

Mayer Brown

Republican Study Committee Introduces the Countering Communist China Act

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On February 29, 2024, Republican Study Committee (“RSC”) Chairman, Representative Kevin Hern (OK-01), and RSC National Security Task Force Chairman, Joe Wilson (SC-02), introduced H.R. 7476, the Countering Communist China Act...more

ArentFox Schiff

Navigating the Complexities of Forced Labor Laws: ArentFox Schiff's 2024 Guide for Global Businesses

ArentFox Schiff on

In the last few years, changes to the United States enforcement stance on the forced labor import ban authorized by 19 U.S.C. § 1307 and passage of the Uyghur Forced Labor Prevention Act (UFLPA) have fundamentally changed the...more

Conyers

Regulatory & Risk Advisory Review: Cayman Islands – May to July 2023

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Welcome to the second instalment of our Cayman Islands Regulatory & Risk Advisory Review. As we cover in this issue, there have been a number of exciting recent developments, including news from the Financial Action Task...more

Conyers

Regulatory & Risk Advisory Review: Cayman Islands – Jan To April 2023

Conyers on

We are pleased to welcome you to Conyers' Cayman Islands Regulatory & Risk Advisory Review, keeping you apprised of the latest regulatory news and developments. The past few months have been a particularly active time for...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Government Expands Enforcement Measures To Address Fraud and Money Laundering

On 22 September 2022, the U.K. government introduced the Economic Crime and Corporate Transparency Act 2022. The new bill is currently navigating its way through the U.K. Parliament and is likely to receive royal assent in...more

Cadwalader, Wickersham & Taft LLP

In Depth: President Biden Proposes New Administrative Forfeiture Process and Other Legislative Changes to Address Ukraine Crisis

Alongside the slew of new sanctions imposed in response to Russia’s invasion of Ukraine, the Biden administration also has been laying the groundwork to maximize the impact of those sanctions. Just days after Russian military...more

Kelley Drye & Warren LLP

President Biden Proposes Legislation to Seize Russian Oligarch Assets for Benefit of Ukraine

Today, the Biden Administration announced a legislative proposal aimed at empowering the U.S. government to seize and forfeit property linked to Russian elites. Specifically, the proposed system would enhance and streamline...more

Faegre Drinker Biddle & Reath LLP

Proposed Legislation Bans U.S. Government Contractors Doing Business in Russia

All eyes have been on Ukraine since Russia launched its military invasion two months ago. The U.S. government has imposed numerous sanctions on Russia in response to the invasion and promises to continue its economic...more

BakerHostetler

New Crypto Payment Initiatives; Regulators Address Crypto in Speeches; Lawmakers Propose Legislation; OFAC Sanctions Crypto...

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Crypto Payment Initiatives Announced in Stablecoins, Lightning Network, Mining - Late last week, the issuer of USD Coin (USDC) announced that it had selected a major U.S. bank as a primary custodian for USDC reserves....more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 12

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Outlook for This Week in the Nation’s Capital - Congress. The House and Senate are both in session this week. The House is expected to vote on the MORE Act (H.R. 3617), which would legalize and tax marijuana at the federal...more

WilmerHale

The new Economic Crime Bill: can it deliver on its promises?

WilmerHale on

On March 1, 2022, the UK Government put forward the Economic Crime (Enforcement and Transparency) Bill. The stated aim of the legislation is to “crack down on dirty money in the UK and corrupt elites”, and it is designed to...more

Clark Hill PLC

Window on Washington – Vol. 6, Issue 9

Clark Hill PLC on

The House and Senate are both in session this week. The House will vote on bills and resolutions related to homeland security, condemning the threats of violence against HBCUs, and condemning the attack on Congregation Beth...more

BakerHostetler

The Weekly Hill Update - March 2022

BakerHostetler on

Below is this week’s congressional update by BakerHostetler’s Federal Policy team. We’ll continue to post in weeks when both chambers of Congress are in session....more

Holland & Knight LLP

Proposed Legislation Aims to Block Russian Vessels from U.S. Ports

Holland & Knight LLP on

As sanctions continue to ratchet up in response to Russia's unprovoked invasion of Ukraine, global responses in the maritime sector are moving at breakneck speed. Indeed, several governments are taking steps to block vessels...more

Pillsbury - Global Trade & Sanctions Law

Further Sanctions Issued Against Russia and Belarus from the EU and UK

The EU and UK have imposed additional export controls and sanctions with respect to Russia and Belarus connected to the Russian invasion of Ukraine. Below is a summary of key developments over recent days since our last blog...more

Alston & Bird

Look Ahead to the Week of February 28: State of the Union, Ukraine, and USPS Changes

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Both the House and Senate will be in session this week. The Senate will take up legislation that would implement changes at the U.S. Postal Service, as well as consideration of H.R. 3755, the Women’s Health Protection Act of...more

Alston & Bird

U.S. and Allies Impose “First Tranche” of New Economic Sanctions in Response to Russian Action in Ukraine

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Our International Trade & Regulatory Group addresses the new U.S. sanctions against Russia announced this week in response to its actions against Ukraine and summarizes the similar packages announced by key U.S. allies....more

Alston & Bird

Look Ahead to the Week of February 7: Another Continuing Resolution and Potential Sanctions Against Russia

Alston & Bird on

Both the House and Senate will be in session this week. The Senate will continue processing President Biden’s nominees and working to finalize an agreement on bipartisan legislation offering a menu of potential sanctions on...more

The Volkov Law Group

Unraveling Trade Compliance Issues Involving China’s Human Rights Abuses in Xinjiang

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Companies with supply chains stretching into China and Xinjiang are facing a mountain of compliance challenges.  Over the summer, the Biden Administration has taken numerous aggressive steps to pressure China to address human...more

ArentFox Schiff

New Bills in Congress May Lead to Region-Wide Ban on Goods from Xinjiang Region of China

ArentFox Schiff on

Review Your Supply Chain and Establish Compliance Plans Because Forced Labor Laws are Here to Stay - If passed, these bills will grant US Customs and Border Protection authority for a region-wide WRO enabling the agency...more

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