Topic
Export Control
1,332 published works
International Trade Law
<strong>Sanctions/Export Highlights [As of July 21, 2022]</strong>
By Anand Sithian, Rachel Schumacher
New UK Sanctions: On July 21, 2022, the UK introduced a new tranche of restrictions in the 14th amendment to its Russian Sanctions Regulations. Several of the new restrictions are…
Financial Services Observer
FinCEN and BIS Warn Financial Institutions About Potential Evasion of Russian and Belarusian Export Controls
By Kara M. Bombach, Marina Olman-Pal, Miranda R. Carnes
On June 28, 2022, the Financial Crimes Enforcement Network (FinCEN) and the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) issued a rare Joint Alert focused on the intersection of…
International Compliance Blog
New Joint Alert Puts Export Compliance Focus on Financial Institutions
By Evan Abrams, Jack Hayes, Dave Stetson
On June 28, 2022, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) and the Department of Commerce’s Bureau of Industry and Security (BIS) issued a Joint Alert entitled…
Latham.London
Six Sanctions Questions for PE to Scrutinise
The key issues PE deal teams are facing amidst rapidly changing global sanctions and guidance. By Les Carnegie, Charles Claypoole, Tom D. Evans, David J. Walker, Ruchi Gill, Alli Hugi,…
International Trade Law
<strong>Sanctions/Export Highlights [As of July 14, 2022]</strong>
By Caroline Brown, Carlton Greene, Jeffrey L. Snyder, Anand Sithian, Laurel Saito
U.S. General Licenses and Guidance: The Office of Foreign Assets Control (“OFAC”) issued four general licenses (“GLs”) this week. In GL6B, OFAC expanded the authorizations in the previous GL 6A…
International Trade Law
FinCEN and the U.S. Department of Commerce Issue Joint Alert Highlighting Risks of Export Control Violations for Financial Institutions
By Carlton Greene, Jeffrey L. Snyder, Anand Sithian, Chandler Leonard, Jeremy Iloulian
On June 28, 2022, the Financial Crimes Enforcement Network (“FinCEN”) and the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued a joint alert (the “Alert”), urging financial…
International Trade Law
Sanctions/Export Highlights [As of July 7, 2022]
By Anand Sithian, Rachel Schumacher
Russia Sanctions: This week the United Kingdom designated several additional individuals, primarily for contributing to the spread of disinformation about Ukraine and promoting Russian actions in Ukraine, or for their…
SmarTrade
OFAC Issues General License 40A Continuing to Authorize Certain Transactions Involving the Export of LP Gas to Venezuela
On July 7, 2022, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Venezuela-related General License 40A, “Authorizing Certain Transactions Involving the Exportation or Reexportation of Liquefied…
GovCon & Trade
Russia, Ukraine: Update as of July 7
The Bass, Berry & Sims international trade team is actively monitoring the situation in Russia and Ukraine and providing real-time advice to clients on managing the situation. This post summarizes…
White Collar Law & Investigations
Russia Sanctions and Export Controls Update – July 6, 2022
Key Takeaways: OFAC imposes restrictions on the importation of gold from the Russian Federation OFAC and the U.S. Department of State impose new sanctions on Russian entities and individuals with…