Policy change in Washington since the change in administration has been swift, dramatic in many areas and executed with unprecedented pace. One area, however, has been relatively stable in the administration’s first two...more
On November 21, 2024, the Biden Administration announced sweeping new sanctions targeting numerous Russian banks, financial institutions and officials, including one of the largest remaining unblocked Russian banks,...more
On February 23, 2024, the Biden Administration announced new sanctions targeting a number of different sectors of the Russian economy, Russian government officials and financial institutions, entities suspected of sanctions...more
3/11/2024
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
PRC ,
Russia ,
SDN List ,
U.S. Treasury ,
US Department of State
Russia’s invasion of Ukraine has resulted in the United States, European Union, United Kingdom and numerous other jurisdictions implementing the most draconian economic sanctions ever imposed on a major economy. While those...more
On September 26, 2023, the “Export Enforcement Five” or “E5” partnership among the governments of Australia, Canada, New Zealand, the United Kingdom, and the United States issued joint guidance focused on preventing Russian...more
10/4/2023
/ Bureau of Industry and Security (BIS) ,
Compliance ,
Due Diligence ,
Economic Sanctions ,
End-Users ,
Evasion ,
Exporters ,
Financial Institutions ,
Globally Harmonized System ,
Priority Watch Lists ,
Red Flags Rule ,
Russia ,
Technology Sector