Baker McKenzie’s Sanctions Blog published the alert titled Russia imposes blocking sanctions on foreign energy companies on 12 May 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
This week Florida’s two senators, Marco Rubio and Rick Scott, introduced a bill imposing several China specific public disclosure obligations, including disclosures related to sourcing activities related to products utilizing forced labor from Xinjiang, China. The Bill would apply to all publicly traded companies and supplements the proposed SEC environmental, social and governance disclosures, and the Uyghur Forced Labor Prevention Act, which will come into effect in June 2022.
Through The Employer Report blog, our lawyers provide legal updates and practical insights to help clients understand, prepare for and respond to the latest domestic and cross-border Labor and Employment issues affecting US and multinational employers.
On Tuesday 28 June 2022 our team in North America will deliver a session on the life cycle of a cyber-attack, including cyber insurance, privacy notification obligations, investigations, and post-event litigation. The program will also address pre-attack steps to help prepare for a global incident.
Baker McKenzie’s Sanctions Blog published the alert titled OFAC Reissues the Ukraine-/Russia-Related Sanctions Regulations and Updates Related Guidance on 6 May 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
On April 25, 2022, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) re-issued General License 13R (“GL 13R”) and General License 15L (“GL 15L”), narrowing those authorized activities with GAZ Group and entities owned 50% or more by GAZ Group (“GAZ”), as further described below. OFAC also issued a set of updated FAQs to clarify the scope of authorized activities under these GLs.
Baker McKenzie’s Sanctions Blog published the alert titled OFAC Targets Sanctions Evaders, Issues New General Licenses and Fact Sheet; President Biden Issues Proclamation Targeting Russian-Affiliated Vessels on 23 April 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled BIS Updates List of Aircraft Exported to Russia or Belarus in Apparent Violation of the EAR on 23 April 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
In this panel discussion with Tiffany McConnell King (Corporate Director and Division Counsel, Global Sustainment and Modernization, Northrop Grumman Corporation) and Kirk Foster (Assistant General Counsel and Director of Compliance and Privacy, HII Mission Technologies), Marilyn Batonga (Partner, Baker, McKenzie) and Maurice Bellan (Partner, Baker McKenzie), we uncover the latest trends and analyze enforcement actions related to international government procurement, focusing on risks based on conduct abroad as well as False Claims Act risks.
Baker McKenzie’s Sanctions Blog published the alert titled US President signs bills revoking Russian trade status and barring energy imports on 11 April 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.