Host Gregg N. Sofer welcomes Husch Blackwell partner Grant Leach to the program to discuss the burgeoning set of requirements and restrictions placed on U.S. businesses in connection with trade law. Gregg and Grant identify...more
Recently, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued new guidance to exporters intended to further assist BIS in its efforts to crack down on third-party diversion to Russia. ...more
8/21/2024
/ Bureau of Industry and Security (BIS) ,
China ,
Entity List ,
Iran ,
Military End Use ,
National Security ,
Red Flags Rule ,
Russia ,
Suppliers ,
Third-Party ,
U.S. Commerce Department
On June 20, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued a Final Determination prohibiting the sale of certain cybersecurity products, anti-virus software, and related services to...more
7/26/2024
/ Bureau of Industry and Security (BIS) ,
China ,
Critical Infrastructure Sectors ,
Cybersecurity ,
Donald Trump ,
Foreign Adversaries ,
Information and Communication Technology (ICT) ,
Popular ,
Prohibited Transactions ,
Russia ,
Software ,
Supply Chain ,
U.S. Commerce Department
On February 23, 2024, the Treasury Department’s Office of Foreign Assets Control (“OFAC”) and Department of State together announced more than 500 sanctions designations targeting government officials, companies, and...more
On December 22, 2023, President Biden issued Executive Order 14114, which amended previous Executive Orders in order to authorize the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) to impose additional...more
Husch Blackwell's fifth-annual international trade law year-in-review report provides a detailed look at what transpired in international trade law during 2023 and takes a peek at how the coming year might develop.
Our...more
12/29/2023
/ Anti-Dumping Duty ,
China ,
Countervailing Duties ,
Customs and Border Protection ,
Economic Sanctions ,
Export Controls ,
Exports ,
Forced Labor ,
Imports ,
Russia ,
Semiconductors ,
Supply Chain ,
Technology ,
Trade Remedies ,
U.S. Commerce Department ,
US Enforce and Protect Act (EAPA) ,
Uyghur Forced Labor Prevention Act (UFLPA)
Last week, President Biden issued an Executive Order outlining the long-anticipated proposed restrictions on outbound U.S. investments in entities located in China or otherwise subject to China’s jurisdiction. The Executive...more
8/17/2023
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Artificial Intelligence ,
Biden Administration ,
China ,
Electronics ,
Executive Orders ,
Foreign Investment ,
ITAR ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Outbound Transactions ,
Semiconductors ,
Technology Sector ,
U.S. Treasury
On Friday, May 19, 2023, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”) announced the addition of more than 300 Russian Federation individuals and companies as well as other individuals and...more
On May 19, 2023, the Department of Commerce’s Bureau of Industry and Security (“BIS”) announced new export controls and Entity List additions during President Biden’s G7 visit in Japan. In conjunction with the G7 meetings,...more
5/23/2023
/ Bureau of Industry and Security (BIS) ,
Due Diligence ,
Entity List ,
Export Administration Regulations (EAR) ,
Export Controls ,
Financial Institutions ,
FinCEN ,
Foreign Direct Product Rule ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
U.S. Commerce Department
Recently, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) announced the issuance of a $300 million penalty against Seagate Technology LLC and its Singapore affiliate, Seagate Singapore International...more
Last week, Deputy Attorney General Lisa Monaco’s statements to the American Bar Association again highlighted the fact that investigating and prosecuting individuals for violating economic sanctions, export controls, and...more
3/7/2023
/ Bureau of Industry and Security (BIS) ,
Compliance ,
Department of Justice (DOJ) ,
DOJ Strike Force ,
Economic Sanctions ,
Enforcement Priorities ,
Export Controls ,
FBI ,
Foreign Corrupt Practices Act (FCPA) ,
National Security ,
Office of Foreign Assets Control (OFAC)
On Friday, February 24, 2023, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued new sanctions against individuals and entities operating in Russia and against those assisting with Russia’s war...more
The Department of Commerce’s Bureau of Industry and Security (“BIS”) announced today new export controls and Entity List additions designed to further restrict Russia’s ability to maintain its continued war against Ukraine....more
In a recent order, the Department of Commerce’s Bureau of Industry and Security (“BIS”) revoked the export privileges for Obaidullah Sayed, an Illinois resident. Sayed was convicted of conspiring to export computers, computer...more
According to recent reports, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) has stopped granting export licenses to Huawei Technologies Co. Ltd. (“Huawei”).
The U.S. government has long sought to...more
We are pleased to announce that our team’s fourth-annual international trade law year-in-review report was published just before the New Year. In it, we take a detailed look at how 2022 played out and explore how 2023 might...more
1/9/2023
/ Anti-Dumping Duty ,
Cease and Desist Orders ,
China ,
Countervailing Duties ,
Customs and Border Protection ,
Economic Sanctions ,
Export Controls ,
Forced Labor ,
Imports ,
International Trade Commission (ITC) ,
Joint Comprehensive Plan of Action (JCPOA) ,
NVOCCs ,
Office of Foreign Assets Control (OFAC) ,
Patent Trial and Appeal Board ,
Russia ,
Section 337 ,
Supply Chain ,
Tariffs ,
Trade Remedies ,
US Trade Policies ,
Uyghur Forced Labor Prevention Act (UFLPA) ,
Virtual Currency
On December 16, 2022, the U.S. Commerce Department’s Bureau of Industry and Security (“BIS”) published a rule adding 35 entities from China and one entity from Japan to the Entity List for supporting China’s military...more
On December 15, 2022, the Office of Foreign Assets Control (“OFAC”) added 18 entities in Russia’s financial services sector to the Specially Designated Nationals and Blocked Persons List (“SDN List”). The US State Department...more
On December 8, 2022, the Department of Commerce’s Bureau of Industry and Security (“BIS”) issued a notice in the Federal Register adding 24 entities under 26 entries and removing one entity from the Entity List....more
On June 28, 2022, the Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”) and the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued a Joint Alert urging financial institutions...more
7/1/2022
/ Belarus ,
Bureau of Industry and Security (BIS) ,
Corporate Counsel ,
Economic Sanctions ,
Export Controls ,
Financial Institutions ,
FinCEN ,
Russia ,
U.S. Commerce Department ,
U.S. Treasury ,
Ukraine
On June 2, 2022, the Office of Foreign Assets Control (OFAC) added new Russian vessels and aircraft used by Russian elites, new top Russian government officials, and their companies and operations to the Specially Designated...more
On June 2, 2022, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) updated the Export Administration Regulations (“EAR”) to: (i) add 71 entities to the Entity List “for acquiring or attempting to...more
On June 6, 2022, President Biden declared a national emergency (the “Declaration”) in relation to energy resources and temporarily extended the time of duty-free importation of solar panels and parts from Malaysia, Cambodia,...more
Matthew Axelrod, the Assistant Secretary for Export Enforcement at the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”), told a conference held by the Society for International Affairs on May 16, 2022,...more
On May 8, 2022 the U.S. Department of the Treasury’s (“Treasury”) Office of Foreign Assets Control (“OFAC”) further escalated U.S. sanctions against the Russian Federation (“Russia”) by issuing two Determinations, adding new...more