Podcast: Illinois Tool Works Inc. & Subsidiaries v. Commissioner of Internal Revenue
On June 20, 2024, the Bureau of Industry and Security (BIS) issued its first Information and Communications Technology and Services (ICTS) Final Determination pursuant to Executive Order 13873 and 15 C.F.R. Part 7,...more
1. OFAC Imposes Sanctions on Russian Elites Who Were Board Members of Alpha Group- On Aug. 11, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four Russian individuals, Petr...more
With the rise of OFAC Sanctions enforcement and compliance issues, companies have to devote significant resources to following changes in OFAC Sanctions. Over the last few years, the US government has significantly altered...more