On August 9, 2023, President Biden issued an executive order to regulate, for the first time, US outbound investments in key technologies in China that are critical to national security. The executive order directs the...more
8/16/2023
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Artificial Intelligence ,
Biden Administration ,
China ,
Corporate Counsel ,
Electronics ,
Executive Orders ,
Foreign Investment ,
Hong Kong ,
Macau ,
National Security ,
Notice Requirements ,
Outbound Transactions ,
Prohibited Transactions ,
Semiconductors ,
Technology Sector ,
U.S. Treasury
Can you prove the absence of forced labor in your supply chain? As of June 21, 2022, US Customs and Border Protection (CBP) will presume that all goods manufactured in whole or in part in the Xinjiang Uyghur Autonomous Region...more
6/22/2022
/ Biden Administration ,
China ,
Corporate Counsel ,
Corporate Social Responsibility ,
Customs and Border Protection ,
Environmental Social & Governance (ESG) ,
Forced Labor ,
Goods or Services ,
Human Rights ,
Importers ,
Imports ,
Rebuttable Presumptions ,
Supply Chain ,
Trade Restrictions ,
US Trade Policies ,
Uyghur Forced Labor Prevention Act (UFLPA) ,
Withhold Release Orders (WROs)
In the nearly three weeks since Russia’s invasion of Ukraine, over 30 countries continue to increase their sanctions targeting Russian individuals, financial institutions, exports of technology, and key sectors of the Russian...more
3/14/2022
/ Asset Freeze ,
Biden Administration ,
Blocked Person ,
Economic Sanctions ,
Export Controls ,
Financial Transactions ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
Military Conflict ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Ukraine ,
Vladimir Putin
In response to Russia’s invasion of Ukraine and recognition of the Donetsk and Luhansk People’s Republics (DNR and LNR, respectively) as independent states, countries around the world have announced sweeping sanctions...more
2/28/2022
/ Biden Administration ,
Economic Sanctions ,
Export Controls ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
General Licenses ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Pipelines ,
Russia ,
Ukraine ,
Vladimir Putin
In response to “deepening Chinese military influence…as well as growing corruption and human rights abuses,” on December 8, 2021, the State Department and Commerce Department’s Bureau of Industry and Security (BIS) announced...more