News & Analysis as of

New Rules Economic Sanctions Russia

A&O Shearman

Sanctions and export controls expand further

A&O Shearman on

In 2023, the biggest question on clients’ minds was the ramping up of U.S. export controls targeting semiconductors and advanced computing. In October, the U.S. Commerce Department unveiled new rules to tighten further a...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

Fenwick & West LLP

US Imposes New Sanctions and Export Controls on Anniversary of War in Ukraine

Fenwick & West LLP on

On February 24, 2023, the U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) and the U.S. Department of Commerce Bureau of Industry and Security (BIS) expanded the scope of trade control measures...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Expands Prohibitions on Providing Services to Russian Entities and Adds Investment Restrictions

On 15 December 2022 the United Kingdom announced its latest expansion of sanctions against Russia. New prohibitions were added relating to trust services, and professional and business services, and existing restrictions...more

White & Case LLP

Trade: Taiwanese businesses must manage competing US and mainland Chinese demands

White & Case LLP on

Following in the footsteps of its predecessor administration, the Biden administration has continued to pursue forceful policies to restrict China's military and technological capabilities and to secure US primacy in advanced...more

BakerHostetler

Current State of BIS Export Controls in Response to the Russian Federation's Invasion of Ukraine - Update

BakerHostetler on

UPDATE – Effective September 15, 2022, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) implemented a new rule that expanded, revised, corrected and clarified certain provisions of the Export...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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