UK’s Second Economic Crime Bill is at odds with the EU decision. Hogan Lovells reminds clients, “An existing overseas entity (and its officers) who owns land but has failed to register at …
The European Commission has released a proposal to harmonize criminal offences and penalties for the violation of EU restrictive measures. Individual persons could be liable to a maximum penalty of …
The European Commission is proposing to create a new structure to manage frozen and immobilized public Russian assets, invest them and use the proceeds for Ukraine. The announcement includes measures …
The Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rulemaking (NPRM) governing the circumstances under which beneficial ownership information may be disclosed to federal …
In a win for the Legal Industry, the Senate stripped the ENABLERS Act from the National Defense Authorization Act. The amendment would have closed a key loophole identified by anti-corruption …
Big sugar suffered an uncommon setback when US Customs and Border Patrol issued a Withhold Release Order (WRO) against a Dominican affiliate of Florida’s Fanjul organization, based on …
Enforcement of the Uyghur Forced Labor Prevention Act (UFLPA) has begun in earnest, according to a DHS official. “We’ve moved a lot of resources over to this new enforcement priority. …
State’s Bureau of Arms Control, Verification and Compliance has signed a Memorandum of Understanding to engage in a public-private partnership with the Quantum Technology Center (QTC) at the …
“Modern, data-driven digital technologies utilizing AI and machine learning can and should play an integral role in enhancing BIS export control enforcement capabilities,” according to a …
The United States needs to be more strategic and less reactive in its use of export controls, Commerce Secretary Gina Raimondo said yesterday in a major speech on US-China relations. “For too …
The Administration’s new National Security Strategy calls for a new model of trade. “The strategy indicates that we have to turn the page on the traditional formula for …
EP - Do you see anything out there that that you think the practitioner should be mindful of because everybody's got their eye on other balls? JF - Do you mean with respect to the …
BIS – Publishes New Don’t Let This Happen to You In a refresh of an ever popular collection, Commerce’s Office of Export Enforcement published …
Assistant Secretary for Export Enforcement Matt Axelrod unveiled October 6 an anticipated enhancement of Antiboycott Rules, aligning them with current export enforcement practices. 1 . …
October 28, BIS published the first set of Frequently Asked Questions [ link ] related to the The Advanced Computing and Semiconductor Manufacturing Equipment (Advanced Computing) rule …
Setting aside concerns about exacerbating the flow of migrants from the Central American country, the Administration imposed further sanctions on Nicaraguan officials and entities. Adding …
The United States and United Kingdom announced yesterday a new cooperation partnership on sanctions. Treasury Department Office of Foreign Assets Control Director Andrea Gacki and UK …
President Biden signed an Executive Order October 7 directing the steps that the United States will take to implement the U.S. commitments under the European Union-U.S. Data Privacy Framework (EUU. …
For the first time, the Treasury Department has released enforcement and penalty guidelines for use by the inter-agency Committee on Foreign Investment in the United …
The Ohio State University (OSU) has paid $875,689 to resolv e civil allegations that it failed to disclose an OSU professor’s affiliations with and support from a foreign …