On July 15, 2020, the US Department of State (“State Department”) updated its guidance (“Updated Guidance“) regarding the implementation of Section 232 of Title II of the Countering America’s Adversaries Through Sanctions Act (“CAATSA” see our previous blog post on CAATSA here and our previous blog post on the 2017 State Department guidance…
On July 15, 2020, the US Department of State (“State Department”) updated its guidance (“Updated Guidance“) regarding the implementation of Section 232 of Title II of the Countering America’s Adversaries Through Sanctions Act (“CAATSA” see our previous blog post on CAATSA here and our previous blog post on the 2017 State Department guidance…
On 15 April 2020, the US Departments of State, Homeland Security, and the Treasury (Treasury), and the Federal Bureau of Investigation issued an advisory warning about the cyber threat posed by North Korea, calling particular attention to banks and other financial institutions (Advisory).
On December 19, 2018, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) submitted a letter to congressional leaders (“Congressional Letter”) notifying Congress of its intent to terminate the sanctions imposed on En+ Group plc (“En+”), UC Rusal plc (“RUSAL”), and JSC EuroSibEnergo (“ESE”) in 30 days. …
In the aftermath of the new sanctions imposed to North Korea, potential risks have been identified in the global shipping industry.
The Order implements the Global Magnitsky Human Rights Accountability Act and targets human rights abusers and corrupt actors globally.
Tthe second-largest producer of telecommunications equipment in China, entered into a plea agreement with the US Department of Justice for violations of US sanctions against Iran and US export controls.
The U.S. Department of Justice issued guidance that sets forth a new policy encouraging companies to file voluntary self-disclosures for possible criminal violations of U.S. export controls and sanctions laws in exchange for potential leniency.
On January 26, 2016, the U.S. OFAC and the U.S. BIS announced amendments to the Cuban Assets Control Regulations and the Export Administration Regulations to engage and empower the Cuban people.
On November 12, 2015, President Barack Obama issued Executive Order 13710 ending sanctions related to the Republic of Liberia originally put in place in 2004. On November 23, 2015, President Obama issued an Executive Order imposing sanctions related to the Republic of Burundi primarily due to “the killing of and violence against civilians, unrest, the incitement of imminent violence, and significant political repression” occurring in Burundi