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US Department of Commerce Updates the Commerce Control List

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

Export Controls: A National Security Tool Implemented and Enforced By the United States and Key Allies

On June 29, 2022 through July 1, 2022, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) held its 35th Annual Update Conference on Export Controls and Policy (Update) in Washington, D.C. This important...more

United States Bans Imports of Russian Petroleum Products, LNG and Coal as well as Certain New Investment in the Russian Federation

President Biden signed an Executive Order prohibiting the importation into the United States of Russian origin crude oil, petroleum, petroleum fuels, oils, and products of their distillation; liquefied natural gas (LNG);...more

New Key Developments in Response to Russia's Invasion of Ukraine

The United States and the European Union imposed additional sanctions this week in response to the Russian Federation’s invasion of Ukraine and the United States announced its intention to make sanctions enforcement a...more

United States Imposes Sanctions on the Central Bank of Russia and Sovereign Wealth Funds in Response to Russia's Actions Against...

Following the imposition last week of wide ranging economic and trade sanctions on Russia for its actions against Ukraine, on February 28, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)...more

US and Foreign Companies Now Subject to Expansive US License Requirements for Business with Russia

On February 23 and 24, 2022, the United States, through the Department of Commerce’s Bureau of Industry and Security (“BIS”) and the Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), took significant...more

US Imposes Further Economic Sanctions Due to the Russian Federation's Actions in Ukraine

On February 22, 2022, the United States announced and implemented new economic sanctions targeting the Russian Federation’s financial services sector and persons that operate in the sector. These sanctions are designed to cut...more

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