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The Directorate of Defense Trade Controls is issuing a white paper providing general findings from visiting various universities and research centers that are engaged in activities of the International Traffic in Arms Regulations from 2020 to early 2024.
The paper provides general compliance commendations, including “best practices” and recommendations that the Office of Defense Trade Controls Compliance provided to the universities following each visit.
The U.S. Department of the Treasury and IRS released final rules on the clean vehicle provisions of the Inflation Reduction Act. The rules update taxpayer and vehicle eligibility for the credit for new clean vehicles and the previously-owned clean vehicle credit.
The rules also address the critical minerals and battery components requirements and Foreign Entity of Concern (or “excluded entity”) restriction that were added to the clean vehicle credit by the IRA.
Assistant Attorney General Todd Kim delivered remarks at the Department of Justice on April 29, 2024, marking the one-year anniversary of the launch of the Timber Interdiction Membership Board and Enforcement Resources Working Group.
In testimony before the U.S. Senate Caucus on International Narcotics Control last week, Under Secretary for Terrorism and Financial Intelligence Brian Nelson Before the U.S. Senate Caucus on International Narcotics Control directed lawmakers attention to Chinese money laundering organizations (CMLOs).
CMLOs offer several advantages for illicit actors. These money launderers are insular, decentralized, and rely on interpersonal relationships among the Chinese diaspora to conduct business, making them difficult for law enforcement to penetrate.
Bipartisan legislation (HR 8187) introduced last week would improve transparency in the current battery supply chain by creating an Energy Department program to support the development, implementation and adoption of digital identification systems.
The US Export-Import Bank signed two new Memoranda of Understanding yesterday, one with Nigeria and the other with Mastercard.
The Nigerian MOU is "to encourage collaboration and identify projects that enhance economic prosperity between Nigeria and the United States,"according to EXIM. The Mastercard MoU is "to encourage collaboration opportunities in support of small businesses."
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