On April 24, 2024, President Biden signed into law H.R. 815, the National Security Supplemental (the “Act”). While much of the focus centered on the foreign aid package for Israel, Ukraine, and the Indo-Pacific, the bill...more
4/30/2024
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
Cybersecurity ,
Economic Sanctions ,
Export Controls ,
Foreign Aid ,
International Emergency Economic Powers Act (IEEPA) ,
National Security ,
National Security Supplemental ,
New Legislation ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Reform ,
Statute of Limitations ,
TWEA
On March 6, 2024, the US Departments of Commerce (“Commerce”), Treasury (“Treasury”), and Justice (“DOJ”) released their latest Tri-Seal Compliance Note (“Note”), which focuses on the “Obligations of foreign-based persons to...more
3/14/2024
/ Department of Justice (DOJ) ,
Economic Sanctions ,
Export Controls ,
Extraterritoriality Rules ,
Foreign Relations ,
International Emergency Economic Powers Act (IEEPA) ,
Office of Foreign Assets Control (OFAC) ,
Self-Disclosure Requirements ,
U.S. Commerce Department ,
U.S. Treasury ,
US Trade Policies
Following the invasion of Ukraine by Russia on February 24, 2022, the United States ("US"), the European Union ("EU"), and the United Kingdom ("UK") adopted—together with their allies—successive waves of sanctions, in an...more
2/28/2024
/ Critical Infrastructure Sectors ,
Economic Sanctions ,
Entity List ,
EU ,
Export Controls ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
General Licenses ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
UK ,
Ukraine ,
Vladimir Putin ,
White Collar Crimes