Following initial announcements last year, on 20 July 2022 the US Department of State’s Directorate of Defense Trade Controls (DDTC) published two Open General Licenses (OGLs) permitting certain reexports and retransfers to certain parties under the International Trade in Arms Regulations. The OGLs, which are part of a DDTC pilot program, will be valid for one year, effective from 1 August 2022 through 31 July 2023.
Annual Compliance Conference
Our popular Annual Compliance Conference, which attracts over 6,000 in-house senior legal and compliance professionals from across the world, will be held across five weeks from 6 September – 6 October 2022. We will be virtually delivering our cutting-edge insights and guidance on key global compliance, investigations and ethics issues. Our global experts will provide practical insights and analysis on significant developments across:
– corruption and economic crime
– customs and FTAs
– ESG, supply chain and product compliance
– antitrust and competition
– export controls, sanctions and foreign investment
Click https://www.bakermckenzie.com/en/insight/events/2022/10/annual-compliance-conference to register your interest in joining us virtually at this must attend global compliance conference for senior in-house legal and compliance professionals.
Baker McKenzie’s Sanctions Blog published the alert titled OFAC Publishes New and Amended FAQs Regarding the Russia Investment Ban on 8 June 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.