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Biden Administration Office of Foreign Assets Control (OFAC) Investment

Ankura

Operational Implications of the New Bulk Sensitive Data Executive Order

Ankura on

On February 28, 2024, President Biden signed Executive Order 14117 (the EO), on “Preventing Access to Americans’ Bulk Sensitive Personal Data and United States Government-Related Data by Countries of Concern.” The United...more

The Volkov Law Group

United States and Europe Ramp Up Sanctions Against Russia and Target Sberbank, Alfa Bank and “New Investments”

The Volkov Law Group on

On April 6, 2022, the United States and Europe announced new sanctions on Russian banks – Sberbank, the largest bank in Russia, and Alfa Bank, another large financial institution.  The new Executive Order imposes full...more

Foley Hoag LLP

Russia Sanctions Update - April 7, 2022

Foley Hoag LLP on

I. New Executive Order Bans U.S. Investment in Russia - On April 6, 2022, President Biden issued a new Executive Order, “Prohibiting New Investment in and Certain Services to the Russian Federation in Response to...more

Foley Hoag LLP

Russia and Belarus Sanctions Update – March 15, 2022

Foley Hoag LLP on

On March 11, 2022, President Biden signed a new Russia-related Executive Order, Prohibiting Certain Imports, Exports, and New Investment with Respect to Continued Russian Federation Aggression (“March 11 E.O.”)....more

Pillsbury Winthrop Shaw Pittman LLP

Biden Administration Updates Framework for China-Related Investment Prohibitions and Expands the Scope of Restricted Chinese...

E.O. 14032 signals that the Biden Administration will continue to restrict U.S. investments into China’s defense and surveillance technology sectors. The prior Administration’s November 2020 Executive Order (E.O.) 13959...more

Mayer Brown Free Writings + Perspectives

US Investment Ban Targeting Companies Deemed Linked to Chinese Military Expanded to Chinese Surveillance Technology Sector

A new executive order (the “EO”) signed by President Biden on June 3, 2021, amends existing prohibitions on US investments in companies that the US government has determined support the military of the People’s Republic of...more

K2 Integrity

Biden Revises Ban on U.S. Investors Buying Certain Chinese Securities

K2 Integrity on

On June 3, 2021, the Biden Administration issued a new executive order (EO) 14032 in response to the threat posed by the military-industrial complex of the People’s Republic of China (the “PRC” or “China”). EO 14032 prohibits...more

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