Topic
Sanctions
3,138 published works
Global Regulation Tomorrow
HM Treasury publishes the Financial Services and Markets Act 2023 (Commencement No. 2 and Transitional Provisions) Regulations 2023
On 22 August 2023, Statutory Instrument 2023 No. 936 (the Financial Services and Markets Act 2023 (Commencement No.2 and Transitional Provisions) Regulations 2023) (the SI) was made. The SI contains…
GT London Law Blog
UK Government General Licence Reduces Breadth of Recent Sanctions-Related Legal Advisory Services Ban
By Annabel Thomas, Gavin Costelloe, Bethany Histed
On 11 August 2023, the UK Department for Business and Trade issued a General Licence authorising the provision of legal advice in relation to sanctions imposed by any jurisdiction. As…
Class Action Defense Blog
The Class Action Weekly Wire – Episode 25: Sanctions Issues In Class Actions
Duane Morris Takeaway: This week’s episode of the Class Action Weekly Wire features Duane Morris partner Jerry Maatman and special counsel Rebecca Bjork with their discussion and analysis of key…
SmarTrade
U.S. Expands Sanctions on the Belarusian Regime, Targeting State-Owned Enterprises and the Aviation Industry
By Scott E. Diamond**, Francesca M.S. Guerrero, Samir D. Varma, Kristina Shcheglazova*
On August 9, 2023, marking the three-year anniversary of the fraudulent August 2020 presidential election in Belarus, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced…
Cleary Foreign Investment and International Trade Watch
Suspension of Rights of Foreign Shareholders and Grant of Pre-emptive Rights to the State to Acquire Russian Assets of Foreign Companies Exiting Russia
By Yulia A. Solomakhina, Nikita Klepalov
Russian legislative and executive branches have passed new acts further restricting the rights of foreign shareholders of Russian businesses. First, on July 24, 2023 it was announced that President Putin…
Trade Compliance Resource Hub
EU FAQs – STS in EU Territorial Waters
By Leigh T. Hansson, Alexander Brandt, James Willn, Tan Albayrak, Sophie Davis, Finlay Donaldson, Ray-Shio Ho, Stephan Johansen, William Young
On 2 August 2023 evening, the EU Commission released new FAQs (here and here; word search “2 August 2023”). Of greatest interest are the two new FAQs in the “Oil…
Blockchain Legal Resource
DOJ, BIS, and OFAC Issue Inter-Agency Guidance on Voluntary Self-Disclosures of Sanctions and Export Control Violations
As reported in a Hunton Client Alert, the US Department of Justice, the US Department of Commerce’s Bureau of Industry and Security, and the US Department of the Treasury’s Office…
Cleary Foreign Investment and International Trade Watch
DOJ, Commerce, and Treasury Issue Advisory on Voluntary Self-Disclosure Policies
By Abena Mainoo, Andrew Saba, David A. Last, Chase D. Kaniecki, Samuel H. Chang, William S. Dawley
On July 26, 2023, the U.S. Department of Justice’s National Security Division, the U.S. Department of Commerce’s Bureau of Industry and Security, and the U.S. Department of the Treasury’s Office…
GovCon & Trade
Tri-Seal Compliance Note on Voluntary Self-Disclosure Released by Departments of Commerce, Justice, and Treasury
On July 26, the Department of Commerce, Department of the Treasury, and Department of Justice released a Tri-Seal Compliance Note (July Note) providing guidance on voluntary self-disclosure of potential violations…
International Compliance Blog
Commerce, Treasury, and Justice Issue Joint Compliance Note on Voluntary Self-Disclosure
By Wilson Zhao, Wendy Wysong, Ali Burney, Jack Hayes, Dave Stetson, Brian Fleming, Ed Krauland, Bo Yue
On July 26, 2023, the US Department of Commerce’s Bureau of Industry and Security (BIS), the US Department of the Treasury’s Office of Foreign Assets Control (OFAC), and the US…