In its continuing response to Russia’s invasion of Ukraine, the U.S. government has deployed a whole-of-government approach to impose sanctions and tighter export controls on Russia. This alert summarizes key economic...more
8/30/2024
/ Belarus ,
Belarus Sanctions ,
Biden Administration ,
Blocked Person ,
Bureau of Industry and Security (BIS) ,
Commerce Control List ,
Directorate of Defense Trade Controls (DDTC) ,
Economic Sanctions ,
Executive Orders ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Foreign Policy ,
General Licenses ,
Imports ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
SDN List ,
Ukraine
In a continued effort to hinder Russia’s invasion of Ukraine, the U.S. government has deployed a whole-of-government approach to impose sanctions and tighter export controls on Russia. ...more
8/30/2024
/ Belarus ,
Belarus Sanctions ,
Biden Administration ,
Bureau of Industry and Security (BIS) ,
Commodities ,
Directorate of Defense Trade Controls (DDTC) ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
General Licenses ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Technology ,
Ukraine
President Joe Biden issued Executive Orders on July 10, announcing that U.S. imports of steel or aluminum from Mexico may be subject to national security tariffs depending on the origin of their materials. ...more
7/12/2024
/ Aluminum Sales ,
Biden Administration ,
Certification Requirements ,
Customs and Border Protection ,
Executive Orders ,
Imports ,
Mexico ,
National Security ,
Steel Industry ,
Tariffs ,
US Trade Policies
The Protecting Americans’ Data from Foreign Adversaries Act (PADFA or the Act) was signed into law by President Joe Biden on April 24 as part of a larger foreign aid appropriations bill. Although other portions of the...more
6/24/2024
/ China ,
Controlled Foreign Corporations ,
Data Brokers ,
Data Privacy ,
Enforcement Authority ,
Federal Trade Commission (FTC) ,
Foreign Adversaries ,
FTC Act ,
Iran ,
New Legislation ,
North Korea ,
Online Advertisements ,
Online Platforms ,
Personal Data ,
Personally Identifiable Information ,
Privacy Laws ,
Russia ,
Sensitive Personal Information ,
Targeted Digital Advertising
In response to Russia’s invasion of Ukraine, the U.S. government has deployed a whole-of-government approach to impose sanctions and tighter export controls on Russia. ...more
5/22/2024
/ Biden Administration ,
Blocked Person ,
Bureau of Industry and Security (BIS) ,
Directorate of Defense Trade Controls (DDTC) ,
Economic Sanctions ,
Entity List ,
Executive Orders ,
Export Administration Regulations (EAR) ,
Export Controls ,
Financial Transactions ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
General Licenses ,
Human Rights ,
Know Your Customers ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Prohibited Transactions ,
Russia ,
SDN List ,
Ukraine
During the first quarter of 2024, there were significant developments in the U.S. sanctions framework. This report summarizes the key developments and provides links to the relevant sources....more
4/18/2024
/ Biden Administration ,
Burma ,
Civil Penalty Fund ,
Compliance ,
Counter-Terrorist ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Executive Orders ,
Export Controls ,
Exports ,
Federal Civil Penalties Inflation Adjustment Act of 1990 ,
General Licenses ,
Global Magnitsky Act ,
Humanitarian Assistance ,
Israel/Palestine ,
North Korea ,
Office of Foreign Assets Control (OFAC) ,
SDN List ,
U.S. Commerce Department ,
U.S. Treasury ,
Venezuela ,
Yemen
The first quarter of 2024 saw numerous developments on the export control front. This report summarizes the key developments and provides links to the relevant Federal Register notices and/or agency announcements....more
4/18/2024
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Antiboycott Requirements ,
Blocked Person ,
Boycotts ,
Bureau of Industry and Security (BIS) ,
Comment Period ,
Compliance ,
Cybersecurity ,
Due Diligence ,
Executive Orders ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Freight Forwarding ,
ITAR ,
Know Your Customers ,
National Security ,
New Guidance ,
Office of Foreign Assets Control (OFAC) ,
SDN List ,
U.S. Commerce Department
In response to Russia’s invasion of Ukraine, the U.S. government has deployed a whole-of-government approach to impose sanctions and tighter export controls on Russia. This alert summarizes key economic sanctions imposed by...more
3/8/2024
/ Belarus ,
Belarus Sanctions ,
Defense Sector ,
Economic Sanctions ,
Evasion ,
Export Controls ,
Financial Services Industry ,
Military End Use ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Technology Sector ,
Ukraine
In response to Russia’s invasion of Ukraine, the U.S. government has deployed a whole-of-government approach to impose sanctions and tighter export controls on Russia. This alert summarizes the key export restrictions...more
3/5/2024
/ Belarus ,
Belarus Sanctions ,
Biden Administration ,
Bureau of Industry and Security (BIS) ,
Defense Sector ,
Directorate of Defense Trade Controls (DDTC) ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Federal Contractors ,
Foreign Policy ,
General Licenses ,
International Trade ,
Military Conflict ,
Military End Use ,
Military Service Members ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Ukraine
In response to Russia’s invasion of Ukraine, the U.S. government has deployed a whole-of-government approach to impose sanctions and tighter export controls on Russia. This alert summarizes the key export restrictions...more
2/23/2024
/ Belarus ,
Belarus Sanctions ,
Biden Administration ,
Blocked Person ,
Bureau of Industry and Security (BIS) ,
Commerce Control List ,
Directorate of Defense Trade Controls (DDTC) ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Foreign Policy ,
General Licenses ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
SDN List ,
Tariffs ,
Ukraine
In response to Russia’s invasion of Ukraine, the U.S. government has deployed a whole-of-government approach to impose sanctions and tighter export controls on Russia. This alert summarizes key economic sanctions imposed by...more
2/23/2024
/ Belarus Sanctions ,
Biden Administration ,
Blocked Person ,
Bureau of Industry and Security (BIS) ,
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) ,
Oil & Gas ,
Popular ,
Russia ,
SDN List ,
Ukraine
In response to Russia’s invasion of Ukraine, the U.S. government has deployed a whole-of-government approach to impose sanctions and tighter export controls on Russia since February 24, 2022....more
10/5/2023
/ Belarus ,
Belarus Sanctions ,
Biden Administration ,
Bureau of Industry and Security (BIS) ,
Directorate of Defense Trade Controls (DDTC) ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Foreign Policy ,
International Trade ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
Ukraine
In August, two U.S. government agencies, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) and Nuclear Regulatory Commission (NRC), tightened controls on certain nuclear-related items destined for China...more
8/30/2023
/ Bureau of Industry and Security (BIS) ,
China ,
Commerce Control List ,
ECCNs ,
Export Controls ,
Exports ,
General Licenses ,
Hong Kong ,
Hydrogen Power ,
Macau ,
Nuclear Power ,
Nuclear Regulatory Commission
On August 9, 2023, the President issued a widely anticipated executive order ("EO") establishing the framework for a U.S. outbound investment program to address threats to U.S. national security created by certain...more
8/15/2023
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Artificial Intelligence ,
Biden Administration ,
China ,
Executive Orders ,
Foreign Investment ,
National Security ,
NDAA ,
Outbound Transactions ,
Public Comment ,
Supply Chain
Current as of June 29, 2023 -
This update discusses the May 19, 2023 and subsequent actions taken by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) in response to the continued aggression of...more
6/30/2023
/ Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
General Licenses ,
Magnitsky Act ,
Military Conflict ,
Office of Financial Sanctions Implementation (OFSI) ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
UK ,
Ukraine
On May 19, the Bureau of Industry and Security (BIS) issued two final rules expanding the export controls in the Export Administration Regulations (EAR) against the Russian Federation (Russia) for its continued war with...more
6/27/2023
/ Belarus ,
Blocked Person ,
Bureau of Industry and Security (BIS) ,
Commerce Control List ,
Directorate of Defense Trade Controls (DDTC) ,
Economic Sanctions ,
Entity List ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Foreign Direct Product Rule ,
General Licenses ,
ITAR ,
Military End Use ,
Russia ,
U.S. Commerce Department
On Feb. 24, the U.S. Department of Commerce Bureau of Industry and Security (BIS) issued a final rule amending the Commerce Control List (CCL) in part 774 of the Export Administration Regulations (EAR) to complete...more
On Feb. 24, 2023, the first anniversary of Russia’s invasion of Ukraine, the Bureau of Industry and Security (BIS) imposed further export controls on Russia and Belarus by expanding the scope of EAR99 items, including luxury...more
3/24/2023
/ Belarus ,
Belarus Sanctions ,
Bureau of Industry and Security (BIS) ,
Commerce Control List ,
ECCNs ,
Economic Sanctions ,
Entity List ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
General Licenses ,
Russia ,
Ukraine
This update outlines the actions taken by U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Feb. 24, 2023, the one-year anniversary of the invasion of Ukraine by the Russian Federation (Russia)....more
3/14/2023
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
Country of Origin ,
Economic Sanctions ,
Export Controls ,
Foreign Policy ,
Military Conflict ,
Mining ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Popular ,
Russia ,
Ukraine
This update addresses the full implementation of the price cap policy for crude oil and petroleum products of Russian origin by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). On Feb. 3, OFAC...more
2/21/2023
/ Biden Administration ,
Blocked Person ,
Bureau of Industry and Security (BIS) ,
Crude Oil ,
Economic Sanctions ,
Embargo ,
Executive Orders ,
Export Administration Regulations (EAR) ,
Export Controls ,
Financial Transactions ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
G7 ,
General Licenses ,
Infrastructure ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Oil Prices ,
Petroleum ,
Pipelines ,
Popular ,
Russia ,
SDN List ,
SWIFT ,
Ukraine
This update addresses the full implementation of the price cap policy for crude oil and petroleum products of Russian origin by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). On Feb. 3, OFAC...more
2/17/2023
/ Blocked Person ,
CAATSA ,
Crude Oil ,
Economic Sanctions ,
Executive Orders ,
Exports ,
General Licenses ,
Imports ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Oil Prices ,
Popular ,
Russia ,
Ukraine
UPDATE – December 2022 was another busy month for Entity List additions by BIS.
Effective Dec. 21, 2022, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) further tightened controls on the Wagner...more
1/19/2023
/ Belarus ,
Blocked Entities ,
Blocked Person ,
Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
General Licenses ,
Military Conflict ,
Military End Use ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Ukraine
This update includes the U.S. Department of the Treasury’s Office of Foreign Assets Control’s (OFAC) recent actions regarding the Russian seaborne oil price cap policy aimed at maintaining the supply of Russian oil to the...more
1/11/2023
/ Belarus ,
Belarus Sanctions ,
Bureau of Industry and Security (BIS) ,
Crude Oil ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Oil Prices ,
Popular ,
Russia ,
SDN List ,
Ukraine ,
US Department of State
Key Takeaways -
..New export controls are in place that impose significant new restrictions for U.S. and foreign businesses operating in the semiconductor and advanced computing industry in China.
..The new controls...more
11/17/2022
/ Bureau of Industry and Security (BIS) ,
China ,
Comment Period ,
Commerce Control List ,
ECCNs ,
End-Users ,
Entity List ,
Export Administration Regulations (EAR) ,
Export Controls ,
Foreign Direct Product Rule ,
Interim Final Rules (IFR) ,
New Regulations ,
Popular ,
Semiconductors ,
Technology Sector
In response to the Russian Federation’s (Russia) egregious and unprovoked invasion of Ukraine that began in February 2022, the U.S. government has deployed a whole-of-government approach in imposing sanctions and export...more
10/26/2022
/ Biden Administration ,
Blocked Person ,
Blocking Sanctions ,
CAATSA ,
Economic Sanctions ,
Executive Orders ,
Export Controls ,
Exports ,
General Licenses ,
Imports ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
SDN List ,
Trade Restrictions ,
Ukraine