Topic
Sanctions
3,138 published works
LegaMart Blog
CAATSA Sanctions: Definition, the list and cases
CAATSA Background Russia, Iran, and North Korea are subject to economic sanctions under the U.S. federal law known as the Countering America’s Adversaries Through Sanctions Act (CAATSA). The Act came…
International Trade Law
<strong>Sanctions/Export Highlights [As of June 30, 2022]</strong>
By Anand Sithian, Rachel Schumacher
Russia Sanctions: This week the United States designated dozens of additional entities and individuals as Specially Designated Nationals (“SDNs”). Notable designations included State Corporation Rostec (“Rostec”), a large Russian state-owned…
International Trade Insights
U.S. Departments of Treasury and State Expand Sanctions To Restrict Russia’s Access to Services and Economics and Combat Evasion and Backfill Activities
By Cortney Morgan, Grant Leach, Emily Constantine
On June 28, 2022, the Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”) and the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued a Joint Alert urging…
CyberAdviser
OCC Highlights Risks Associated with Compliance Staffing Concerns, Russia Sanctions, Environmental Crimes, Cyber Attacks and Digital Assets
By Andrew N. D'Aversa, Philip N. Yannella
On June 23, 2022, the Office of the Comptroller of the Currency (OCC) released its Semiannual Risk Perspective (SRP) for spring 2022. In the SRP, the OCC opines on its current safety and soundness…
SmarTrade
OFAC Sanctions Additional Russian Entities and Persons
By Samir D. Varma, Francesca M.S. Guerrero, Scott E. Diamond**
On June 28, 2022, The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 70 entities and 29 individuals involved in Russia’s defense industrial base. In addition, the…
Trade and Manufacturing Monitor
Latest Round of Russia Sanctions: Rostec & New SDNs, Tariff Increases, Entity List, and Ban on Gold Imports
By Joshua Morey, Terry Frederic
Today, the United States, in coordination with other G7 countries, announced new sanctions, export controls, and import restrictions on Russia. The latest U.S. package of measures include sanctions targeting Russia’s…
SmarTrade
U.S. to Increase Tariffs on Imports of Russian Goods; G7 Leaders Commit to Further Sanctions Against Russia
By Samir D. Varma, Francesca M.S. Guerrero, Scott E. Diamond**
On June 27, 2022, President Joseph Biden issued a Presidential Proclamation announcing that the United States was increasing the duty rate to 35% ad valorem on certain products from Russia…
Employer Perspectives
Keep an eye on developments in Germany
By Björn Vollmuth, Vanessa Klesy, Sherilee Nairn
Impact of the EU sanctions against Russia on employers in Germany. Early in 2022, the European Union enacted several Regulations in quick succession to impose far-reaching sanctions on Russia as…
International Trade Law
<strong>Sanctions/Export Highlights [As of June 23, 2022]</strong>
By Carlton Greene, Anand Sithian, Jeffrey L. Snyder, Laurel Saito
New UK Sanctions: The UK announced a new tranche of restrictions on June 22, 2022, which became effective on Thursday, June 23, 2022. As summarized on the UK government’s website,…
International Compliance Blog
UK Further Expands Trade Sanctions Against Russia and Issues New Guidance on Aviation and Space Goods and Technology Insurance Ban
On June 23, 2022, the UK government adopted its latest package of trade sanctions measures against Russia in response to its continued military aggression in Ukraine. The new sanctions measures…