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Sanctions U.S. Commerce Department

The Volkov Law Group

Episode 378 — Update on Export and Sanctions Enforcement Cases

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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

Ropes & Gray LLP

Russia/Ukraine Crisis: U.S. Targets Russia’s Energy Industry

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On January 10, 2025, the United States announced (another) major sanctions package targeting Russia, potentially representing the Biden administration’s last and best effort to strengthen Ukraine’s negotiating position in...more

A&O Shearman

Sanctions and export controls expand further - Update

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In October, the U.S. Commerce Department unveiled new rules to tighten further a sweeping set of export controls first introduced a year previously, reducing the types of semiconductor manufacturing equipment and advanced...more

A&O Shearman

US imposes new sanctions and export controls against Russia

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On June 12, 2024, the U.S. Department of Treasury (Treasury), U.S. Department of State (State), and U.S. Department of Commerce (Commerce) announced another round of sanctions and export controls targeting Russia. In this...more

WilmerHale

U.S. Agencies Caution Foreign-Based Persons on Extraterritorial Reach of U.S. Sanctions and Export Control Regulations

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On March 6, 2024, the U.S. Departments of the Treasury, Commerce, and Justice jointly issued a Tri-Seal Compliance Note titled “Obligations of Foreign-Based Persons to Comply with U.S. Sanctions and Export Control Laws”...more

Sheppard Mullin Richter & Hampton LLP

Guidance to Foreign Companies on Export Controls and Sanctions: Departments of Commerce, Treasury, and Justice Issue Tri-Seal...

On Wednesday, March 6, 2024, the Department of Commerce, Department of the Treasury and Department of Justice issued another Tri-seal Compliance Note, focusing this time on the obligations of foreign based persons complying...more

A&O Shearman

U.S. Imposes New Sanctions and Export Controls Targeting Russia

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On February 23, 2024, marking the two-year anniversary of Russia’s invasion of Ukraine, the U.S. Departments of Commerce, State, and Treasury announced new U.S. sanctions and export controls targeting Russia. In addition, the...more

A&O Shearman

U.S. Imposes New Russia Sanctions and Export Controls and Warns of Risk of Continued Business with Russia

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On February 23, 2024, the United States imposed its largest number of new sanctions and export control designations against Russia to date—targeting over 600 individuals and entities across a wide swath of the Russian economy...more

Skadden, Arps, Slate, Meagher & Flom LLP

OFAC Enforcement Action Emphasizes the Importance of Whistleblower Programs

On August 16, 2023, OFAC announced a $660,594 settlement with Construction Specialties Inc. (CS) for alleged violations of the Iranian Transactions and Sanctions Regulations (ITSR). OFAC found that CS’s wholly controlled...more

A&O Shearman

Expect Higher Tariffs on Some U.S. Imports of Solar Cells and Modules From Southeast Asia by Mid-2024

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On August 18, 2023, the U.S. Department of Commerce (Commerce) issued final determinations in its circumvention inquiries regarding the import of certain solar cells and modules from Cambodia, Malaysia, Thailand and Vietnam...more

A&O Shearman

U.S. Cracks Down on Sanctions Evasion

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On March 2, 2023, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS), the Department of the Treasury’s Office of Foreign Asset Control (OFAC) and the Department of Justice issued a joint compliance note...more

Katten Muchin Rosenman LLP

US Moves to Seize Aircraft for Apparent Violation of Export Controls

Key Points - - The US Department of Justice reported that it obtained a warrant for the seizure of a Boeing 737-7EM aircraft for the alleged violation of US export controls on Russia (rather than because of ownership of...more

Sheppard Mullin Richter & Hampton LLP

U.S. Government Pursues More Aggressive Action to Curb Espionage at Universities

The U.S. Governmental Accountability Office (GAO) thinks the FBI and other agencies are not doing enough to address the espionage threat on U.S. university campuses. It issued a report, “Enforcement Agencies Should Better...more

Foley Hoag LLP

Department of Commerce’s Bureau of Industry and Security Eyes Enforcement and Voluntary Disclosure Review Policy Changes

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June 23, 2022 Key Takeaways: In two recent speeches, Matthew Axelrod, Assistant Secretary for Export Enforcement at the Department of Commerce’s Bureau of Industry and Security (“BIS”), has signaled policy changes related to...more

Wiley Rein LLP

Treasury, Commerce Target Russia’s Tech Sector, Defense Industrial Base

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On March 31, 2022, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) imposed sanctions on 21 entities and 13 individuals “as part of its crackdown on the Kremlin’s sanctions evasion networks and...more

Husch Blackwell LLP

December 2021 Trade Law Update

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In Husch Blackwell’s December 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law: •President Biden issued a Proclamation to update the Harmonized Tariff...more

Bass, Berry & Sims PLC

U.S. Imposes Restrictions, Issues Warning on Business with Cambodia

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On November 10, the U.S. Departments of State, Treasury, and Commerce issued an unusual joint advisory (the “advisory”) on the risk of investing and interacting with certain Cambodian individuals and entities. The advisory is...more

Husch Blackwell LLP

November 2021 Trade Law Update

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In Husch Blackwell’s November 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law: •The U.S. set to rollback existing Section 232 steel and aluminum tariffs ...more

Lowenstein Sandler LLP

Trade Matters - November 2021

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1. New Cybersecurity Export Controls From BIS Go Into Effect in January - The Bureau of Industry and Security (BIS) has released an interim final rule establishing new export controls on certain cybersecurity items and...more

Lowenstein Sandler LLP

Key Business Considerations for U.S. Global Trade Policy

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As global trade policy affects supply chains and importing and exporting, companies often have interests on both sides of global trade issues. They want lower costs and efficient labor sources and want to sell their goods and...more

Husch Blackwell LLP

September 2021 Trade Law Update

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In Husch Blackwell’s September 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law: •The Court of International Trade issued an order in the Section 301...more

Lowenstein Sandler LLP

Trade Matters - October 2021

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1. Expanded Export Controls on Certain Biological Equipment Software Are Coming- As part of the Bureau of Industry and Security’s emerging and foundational technology control effort, new export controls are forthcoming...more

Husch Blackwell LLP

August 2021 Trade Law Update

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In Husch Blackwell’s August 2021 Trade Law Newsletter, you’ll learn about the following updates in international trade and supply chain law: •U.S. Customs and Border Protection issued updated guidance for returned goods...more

Husch Blackwell LLP

U.S. Government Imposes Sanctions And Issues Joint OFAC/BIS Telecommunications Fact Sheet To Support Cuban Protests

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During the past month, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”) has issued three separate rounds of Specially Designated Nationals & Blocked Persons List (“SDN List”) designations in order...more

Lowenstein Sandler LLP

Trade Matters - August 2021

1. Biden Administration Trade Posture- The Biden administration is slowly and steadily reviewing the decisions of the Trump administration. So far, the administration has struck a deal with the EU to end the 17-year-old...more

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