News & Analysis as of

Economic Sanctions SDN List New Rules

Skadden, Arps, Slate, Meagher & Flom LLP

New BIS Rule Imposes Stringent Export Control Restrictions Targeting Large Number of OFAC-Sanctioned Parties

On March 21, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) published a final rule amending the Export Administration Regulations (EAR) by imposing “end user” export control restrictions against...more

Torres Trade Law, PLLC

Post-G7 Sanctions – Putting the G7 Leaders Voiced Concerns into Action

Torres Trade Law, PLLC on

In May 2023, the leaders of the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom gathered in Hiroshima, Japan, for the annual G7 summit. The symbolic significance of these global leaders meeting in...more

Morgan Lewis

US Announces New Restrictions on Export of Luxury Goods to Russia

Morgan Lewis on

Dear Retail Clients and Friends, President Joseph Biden issued Executive Order 14068 on March 11 expanding prohibitions on trade with Russia and announcing new restrictions on Russian imports, exports, and...more

Hogan Lovells

US Restricts Exports of Luxury Goods to Russia and Belarus

Hogan Lovells on

The United States Department of Commerce Bureau of Industry and Security (BIS) announced a rule restricting the export of luxury goods to all end-users in the Russian Federation, Belarus, and to select individuals regardless...more

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