Topic
Sanctions
3,137 published works
International Trade Law
Aid and Sanctions: Ukraine, Israel, and Taiwan Aid Bill Expands U.S. Sanctions and Export Control Authorities
By Caroline Brown, Carlton Greene, Anand Sithian, Jeremy Iloulian, Laurel Saito
The latest U.S. foreign aid bill supporting Ukraine, Israel, and Taiwan enacted on April 24, 2024 enhances U.S. sanctions and export controls including expanding (1) the statute of limitations for…
Cleary Foreign Investment and International Trade Watch
OFAC Allows Venezuelan Oil and Gas Authorization to Expire and Extends Prohibitions to Execution on PdVSA 2020 Bond Collateral
By Chase D. Kaniecki, Samuel H. Chang, Michael G. Sanders
On April 17, 2024, the U.S. Department of the Treasury, Office of Foreign Assets Control (“OFAC”) announced that it would not renew an existing authorization for transactions related to oil…
Cleary Foreign Investment and International Trade Watch
Statute of Limitations for U.S. Sanctions Violations Extended from Five to Ten years
By Chase D. Kaniecki, Samuel H. Chang
On April 24, 2024, President Biden signed into law H.R. 815, a foreign aid bill containing a provision that doubles the statute of limitations (SoL) for civil and criminal violations…
International Compliance Blog
President Signs Expansive Sanctions Bill Into Law; Doubling of Limitations Period for IEEPA Violations Likely to Have Major Impact
By Quentin Johnson, Ryan Pereira, Peter Jeydel, Evan Abrams, Meredith Rathbone, Brian Fleming, Byron Maniatis, Wendy Wysong, Ali Burney, Sean Gallagher
On April 24, 2024, President Biden signed HR 815, “Making emergency supplemental appropriations for the fiscal year ending September 30, 2024, and for other purposes,” into law (the “National Security…
Global Investigations & Compliance Review
The Price Cap on Russian Oil – Part 2: Updated OFAC Guidance
In our previous article on this topic (which you can read here), we analyzed recent enforcement activity by the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”)…
The Capital Commitment
How Governmental Carrots and Sticks Impact Private Investment in Defense Tech and the Security Ecosystem
By Margaret A. Dale, Michael R. Hackett, Stephen Hibbard, William Komaroff, Timothy W. Mungovan, Dorothy Murray, Joshua M. Newville, Todd J. Ohlms, Robert Pommer, Seetha Ramachandran, Jonathan M. Weiss, Julia Alonzo, William D. Dalsen, Isaiah D. Anderson, James Anderson, Julia M. Ansanelli, Adam L. Deming, Adam Farbiarz, Reut N. Samuels, Hena M. Vora
In response to rising geopolitical tensions – from the Middle East to the Taiwan Strait to the ongoing conflict in Ukraine –the Biden Administration is increasingly using economic incentives and…
SmarTrade
OFAC and State Target Russia’s Military-Industrial Base and Third-Country Support with Additional Sanctions
By Scott E. Diamond**, Francesca M.S. Guerrero, Samir D. Varma, Aaron C. Mandelbaum
On May 1, 2024, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Department of State announced further sanctions targeting Russia’s military-industrial base and chemical and…
Global Regulation Tomorrow
FCA consults on proposed changes to its Financial Crime Guide
By Anita Edwards, Simon Lovegrove (UK)
On 25 April 2024, the Financial Conduct Authority (FCA) published Consultation Paper CP24/9 on proposed changes to its Financial Crime Guide (the Guide). The proposed updates relate to sanctions, proliferation…
Ratschko Wallace Blog
Discovery Failure leads to Serious Sanctions
In civil litigation, discovery is a crucial process that allows parties to exchange relevant information and build their cases. However, when a party fails to comply with discovery demands, the…
Cooking with SALT
Jones Walker Houston Maritime Seminar
The Jones Walker LLP Maritime Industry Team hosted a maritime industry seminar for professionals operating in the offshore and maritime industries and trade. Seminar topics ranged from OFAC and Sanctions,…