On 24 April 2024, President Biden signed into law H.R. 815, “Making Emergency Supplemental Appropriations for the Fiscal Year Ending September 30, 2024, and for Other Purposes” (the Act). The long-awaited piece of legislation...more
5/14/2024
/ Biden Administration ,
China ,
Data Protection ,
Energy Sector ,
Export Controls ,
Exports ,
Financial Institutions ,
Foreign Adversaries ,
Foreign Aid ,
Hamas ,
Imports ,
Iran Sanctions ,
Israel ,
Israel/Palestine ,
Legislative Agendas ,
New Legislation ,
Popular ,
Russia ,
Sanction Violations ,
Sanctions ,
Statute of Limitations ,
Taiwan ,
Technology Sector ,
Terrorist Organizations ,
Trafficking ,
Ukraine
On FINCast Episode 39, Juan Zarate sits down with K2 Integrity’s Katya Hazard and Amir Fadavi to discuss the state of Russia-related sanctions and to explore what has worked and what may require further coordinated efforts to...more
The sanctions world experienced another action-packed year in 2023. Sanctions against Russia dominated the year in terms of the number of designations and new restrictions, and the attacks perpetrated by Hamas in Israel on 7...more
2/8/2024
/ China ,
Counter-Terrorist ,
Cryptocurrency ,
Drug Trafficking ,
Enforcement Actions ,
EU ,
Export Controls ,
Exports ,
Foreign Investment ,
Human Rights ,
Illegal Drugs ,
Importers ,
Imports ,
Iran ,
Iran Sanctions ,
Joint Comprehensive Plan of Action (JCPOA) ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Sanctions ,
Terrorist Acts ,
Trade Restrictions ,
Trade Retaliation ,
UK ,
United States ,
Venezuela
On 22 December 2023, the Biden administration issued Executive Order 14114, “Taking Additional Steps with Respect to the Russian Federation’s Harmful Activities” (EO 14114), thereby amending EOs 14024 and 14068. The new EO...more
1/11/2024
/ Aerospace ,
Biden Administration ,
CAPTA List ,
Construction Industry ,
Defense Sector ,
Due Diligence ,
Economic Sanctions ,
Executive Orders ,
Export Controls ,
Financial Services Industry ,
Foreign Financial Institutions (FFI) ,
Importers ,
Licenses ,
Manufacturing Facilities ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
Sanction Violations ,
SDN List ,
Semiconductors ,
Technology Sector ,
Transparency ,
US State Departments
Join our panel of experts for a one-hour conversation about the pressing issues surrounding the transshipment of restricted tools and technologies, with a particular focus on mitigating the risk of these products ending up in...more
12/7/2023
/ Cross-Border Transactions ,
Defense Sector ,
Due Diligence ,
Evasion ,
Export Controls ,
Financial Institutions ,
National Security ,
Restricted Goods ,
Risk Mitigation ,
Russia ,
Trade Policy ,
Trade Relations ,
Webinars
The U.S. Department of Justice (DOJ), the U.S. Department of Commerce’s Bureau of Industry and Security (BIS), and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published their second Tri-Seal...more
8/15/2023
/ Bank Secrecy Act ,
Bureau of Industry and Security (BIS) ,
Code of Federal Regulations (CFR) ,
Compliance ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Export Controls ,
FinCEN ,
Investigations ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Penalties ,
Popular ,
Russia ,
Self-Disclosure Requirements ,
Third-Party ,
U.S. Treasury ,
Voluntary Disclosure ,
Whistleblowers
K2 Integrity delivers information and analysis on recent developments related to sanctions against Russia and key implications for the public, private, and non-profit sectors as the United States (U.S.), the European Union...more
5/26/2023
/ Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
EU ,
Executive Orders ,
Export Administration Regulations (EAR) ,
Export Controls ,
Financial Institutions ,
FinCEN ,
G7 ,
Goods or Services ,
Imports ,
Office of Financial Sanctions Implementation (OFSI) ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
UK ,
Ukraine
Approximately one year ago, in the immediate wake of Russia’s full-scale invasion of Ukraine, the United States (U.S.), United Kingdom (UK), and European Union (EU) launched a global sanctions campaign against Russia that...more
3/3/2023
/ AML/CFT ,
Banks ,
Bureau of Industry and Security (BIS) ,
Compliance ,
Economic Sanctions ,
Enforcement ,
EU ,
Export Controls ,
Imports ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Risk Management ,
Russia ,
SDN List ,
Trade Policy ,
Ukraine