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Foreign Relations

The Volkov Law Group

Forecasting the 2nd Trump Administration: Translating Initiatives to Enforcement and Compliance Priorities (Part I of III)

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As the dust settles on the U.S. Election, companies are quickly analyzing the impact for businesses, federal civil and criminal enforcement priorities and the implications for ethics and compliance. When a new Administration...more

Locke Lord LLP

OFAC Issues Russia Sanctions General ‎Licenses and FAQs ‎Related to Securities Held at the National ‎Settlement Depository

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On October 10, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued Frequently Asked Question (“FAQ”) 1197 on securities held at the National Settlement Depository (“NSD”) in connection...more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of October

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I.  US SANCTIONS - U.S. Department of the Treasury Targets Russian Military-Industrial Producers: On October 30, the U.S. Department of the Treasury announced new sanctions on 275 individuals and entities involved in...more

Adams and Reese LLP

[Webinar] 2024 Election Recap: Breaking Down the Results - November 21st, 11:30 am - 12:30 pm CST

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The Adams and Reese Government Relations team is poised and ready to bring an insider perspective to the results and policy priorities stemming from the 2024 United States Presidential Election....more

Hogan Lovells

US announces sanctions against Chinese entities assisting in Russian drone development

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The Office of Foreign Assets Control of the US Department of Treasury imposed sanctions against three private entities and one individual for assisting in the development and production of Russia’s Garpiya series long-range...more

Braumiller Law Group, PLLC

Hot Topics in International Trade 2024 Presidential Election and Trade with BLG Senior Associate Attorney Kerry Wang

Bob Brewer, VP Marketing and New Business Development, Braumiller Law Group & Braumiller Consulting Group discusses trade and the 2024 election with BLG Senior Associate Attorney Kerry Wang...more

Holland & Knight LLP

CNBV propone obligaciones en materia de información de sostenibilidad en México

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La Comisión Nacional Bancaria y de Valores (CNBV) de México, el 13 de septiembre de 2024, publicó en el portal de la Comisión Nacional de Mejora Regulatoria (CONAMER) el anteproyecto de la resolución que modifica las...more

Holland & Knight LLP

Taxonomía Sostenible de México, sistema de clasificación y guía de actividades sostenibles

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La Secretaría de Hacienda y Crédito Público el 16 de marzo de 2023, publicó la primera edición del reporte de Taxonomía Sostenible de México (la taxonomía). La taxonomía no constituye un documento regulatorio con carácter...more

Morgan Lewis

OFAC Extends Reach Over Securities Held by Russia’s National Settlement Depository

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OFAC’s new FAQ 1097, issued October 10, warns US investors of the need to block securities held at Russia’s National Settlement Depository (NSD), even if the securities or the issuer is not sanctioned. Even if the security is...more

The Volkov Law Group

UK’s OFSI Imposes £15,000 Penalty on Property Management Company for Sanctions Violations

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In late August 2024, the UK’s Office of Financial Sanctions Implementation (“OFSI”), a department within HM Treasury, imposed a monetary penalty of £15,000 on Integral Concierge Services Limited (“ICSL”)—a UK-based property...more

Hogan Lovells

Cambios a la regulación de Empresas Certificadas del SAT

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Las modificaciones a las Reglas Generales de Comercio Exterior establecen cambios a la regulación para Empresas Certificadas. El 7 de octubre de 2024 se publicó en el Portal del SAT la versión anticipada de la “Segunda...more

Locke Lord LLP

OFAC Issues FAQs for IT and Software ‎‎Services and Extends Authorization to Engage in ‎Administrative ‎Transactions in Russia

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On September 24, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued three frequently asked questions (“FAQs”) that provide guidance to U.S. companies regarding the Determination...more

Hogan Lovells

New EU Sanctions against Russia's destabilising activities - Regulation 2024/2642

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On 10 October 2024, the new EU sanctions framework against Russia will come into force. Council Regulation (EU) 2024/2642 introduces new restrictive measures against Russia in response to its destabilising activities against...more

The Volkov Law Group

G7 Announces Joint Initiative to Combat Russian Sanctions and Export Control Evasion

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The Group of Seven (“G7”) has taken a critical step in bolstering its collective enforcement of export controls and sanctions against the Russian Federation by issuing a historic joint industry guidance document. This move is...more

Locke Lord LLP

OFAC Takes Action Against Russian ‎Political Disinformation and ‎New Sanctions Evasion Tactics

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Russian Political Disinformation Efforts - On September 4, 2024, the U.S. Department of the Treasury's Office of Foreign Assets Control (“OFAC”) designated 10 individuals and two entities as specially designated nationals...more

Locke Lord LLP

OFAC Issues Warning to Financial ‎Institutions & Insurers That ‎Provide Maritime Services in the ‎Mediterranean, Red Sea and...

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Iran and Syria Sanctions and Embargos On September 11, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued updated guidance to remind maritime support service providers that the...more

Locke Lord LLP

OFAC Issues General Licenses, Updates FAQ, and Issues New Blocking Rule and Reminder to File Annual Blocked Property Report

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On September 5, 2024, the Department of the Treasury's Office of Foreign Assets Control (“OFAC”) released General License (“GL”) 108 (“Authorizing Limited Safety and Environmental Transactions Involving Certain Blocked...more

Locke Lord LLP

What Do Diamonds, Safety and the Environment Have in Common? OFAC New General Licenses and FAQs

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On August 23, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued General License (“GL”) 103 ("Authorizing Transactions Related to Imports of Certain Diamond Jewelry Prohibited by...more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of August

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US SANCTIONS - US Department of the Treasury Takes Further Action against Russia’s International Supply Chains: On August 23, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the US...more

Locke Lord LLP

BIS Tightens Export Controls on Russia ‎and Belarus

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On August 23, 2024, the U.S. Department of Commerce's Bureau of Industry and Security (“BIS”) announced a series of new measures to further restrict the supply of U.S.-origin and "U.S.-branded" items to Russia and Belarus...more

Locke Lord LLP

OFAC Extends and Issues General Licenses Involving Russian Tax and Civil Aviation Safety

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The U.S. Department of the Treasury’s Office of Foreign Asset Control ‎‎(“OFAC”) on (i) July 10, 2024, extended General License (“GL”) 13J (“Authorizing Certain Administrative Transactions Prohibited by Directive 4 under...more

Locke Lord LLP

OFAC Continues Restrictions Blocking ‎Enforcement of CITGO-Backed PdVSA Bonds

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An August 12, 2024, the U.S. Department of the Treasury’s Office of Foreign Asset Control (“OFAC”) further delayed to November 12, 2024, U.S. persons’ rights as bondholders of Petróleos de Venezuela, S.A. (PdVSA) 2020 8.5%...more

Locke Lord LLP

OFAC Releases Initiatives to Enhance ‎Public Guidance on ‎Sanctions Implementation

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On August 21, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a series of new initiatives to assist the public to better understand sanctions and the role of the private sector...more

Locke Lord LLP

OFAC Extends General License for GL ‎‎99A Entities and Issues New GL for VPower in Hong Kong

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On August 2, 2024, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”) issued Russia-related General License ("GL") 99A, which authorizes through October 12, 2024, the wind-down of transactions...more

The Volkov Law Group

U.S. Sanctions Update as of April 2024

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U.S. Persons prohibited from transactions with anyone on the OFAC SDN List without a license, regardless of country. Includes entities owned in excess of 50-percent by one or more SDNs (33-percent for select Russian...more

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