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  • Article

    New Sanctions Add Pressure On Russia But Don't Shut Off Business

    John Smith spoke to the Wall Street Journal about the global consequences of harsh economic sanctions against Russia.
    United StatesInternational Law
    Morrison Foerster
    Morrison Foerster
  • Article

    No News Is Good News: BIS Retains Status Quo on Deemed Export Rule

    The Department of Commerce, Bureau of Industry and Security recently decided to maintain the status quo in its "deemed export" rule, which imposes control of sensitive technology based on a foreign national’s most recent country of citizenship or permanent residence. In maintaining the current rule, BIS has rejected its own Office of Inspector General ("OIG") recommendation to change the rule to the foreign national’s country of birth. In its recommendation, the OIG expressed concern that the cu
    United StatesInternational Law
Reed Smith
Reed Smith
  • Video

    Not So Duty Free: Importing And Exporting Fashion Products (Video Content)

    According to the American Apparel & Footwear Association, 97.5 percent of apparel sold in the United States is made internationally.
    United StatesInternational Law
    ArentFox Schiff
    ArentFox Schiff
  • Article

    OFAC Addresses North Korea's Illicit Shipping Practices With Updated Advisory Document

    On Thursday March 21, 2019, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) updated the advisory document it published on February 23 regarding North Korea's
    United StatesInternational Law
    Reed Smith
    Reed Smith
  • Article

    OFAC Adds Chinese Entity To SDN List

    OFAC designated the China National Electronic Import-Export Company ("CEIEC") to the Specially Designated Nationals and Blocked Persons List ("SDN List") for the company's role in undermining Venezuelan democracy.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Adds Foreign Entities And Individual To Sanctions List For Illicit Shipping Activity

    The U.S. Treasury ("Treasury") Office of Foreign Assets Control ("OFAC") designated one individual and three entities for their roles in facilitating illicit shipments ...
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Amends Iranian Transactions And Sanctions Regulations

    The U.S. Treasury Department Office of Foreign Assets Control ("OFAC") rescinded two general licenses that were issued in connection with the Joint Comprehensive Plan of Action ("JCPOA").
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Authorizes Certain Transactions Involving The Belarusian KGB

    OFAC authorized certain transactions involving the State Security Committee of the Republic of Belarus (the "Belarusian KGB") that are necessary for the importation, distribution or use of information technology products.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Authorizes Educational Exports To Iran

    OFAC extended the authorization of certain exports of educational services and software from U.S. accredited graduate and undergraduate degree-granting academic institutions.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Authorizes Noncommercial, Personal Remittances To Afghanistan

    OFAC authorized certain transactions necessary for the transfer of noncommercial, personal remittances to Afghanistan.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Authorizes Wind Down Of Transactions With Two Venezuelan Entities

    OFAC issued a general license and related FAQ to facilitate the "wind down" of transactions involving two entities and their respective vessels that are designated under EO 13850.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Clarifies Scope Of U.S. And UN Authorizations Under Syrian Sanctions Regulations

    In a new FAQ, OFAC clarified that the Federal government, the United Nations, and their employees, contractors and grantees can undertake stabilization and...
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Designates Venezuelan State Governors For Blocking Humanitarian Aid

    Pursuant to Executive Order 13692, the U.S. Treasury Department ("Treasury") Office of Foreign Assets Control ("OFAC") designated four Venezuelan Governors for "endemic corruption" and for "blocking the delivery of critical humanitarian aid."
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Extends Authorization Of Certain Transactions Involving Sanctioned Venezuelan Entity

    OFAC amended a general license authorizing certain transactions and activities involving Petróleos de Venezuela, S.A. ("PdVSA") that are necessary for the maintenance or wind down of operations.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Extends Authorization Of Specified Transactions Involving Sanctioned Venezuelan Entity

    OFAC amended a general license authorizing certain transactions and activities involving Petróleos de Venezuela, S.A. ("PdVSA").
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Extends Certain Authorizations Under Iran-Related Sanctions

    OFAC extended its authorization of certain activities involving a Chinese shipping company designated under Iran-related sanctions.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Finds Texas Company Violated Global Terrorism Sanctions Regulations

    OFAC issued a Finding of Violation to a U.S. aviation company that engaged with a designated Iranian commercial airline in violation of the Global Terrorism Sanctions Regulations
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Imposes Sanctions On Hizballah-Associated Individuals

    The Department of the Treasury Office of Foreign Assets Control ("OFAC") imposed sanctions against two Hizballah-associated individuals for their alleged role in financing terrorist networks.
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Introduces CAPTA List, Amends Financial Sanctions Regulations

    The U.S. Treasury Department ("Treasury") Office of Foreign Assets Control ("OFAC") introduced a List of Foreign Financial Institutions Subject to Correspondent Account ...
    United StatesInternational Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    OFAC Issues Preliminary Guidance On Price Cap For Russian-Origin Petroleum Products

    On December 30, 2022, Department of the Treasury's Office of Foreign Assets Control (OFAC) issued preliminary guidance on the implementation of a price cap exception...
    United StatesInternational Law
    Lewis Brisbois Bisgaard & Smith LLP
    Lewis Brisbois Bisgaard & Smith LLP
  • Showing 461–480 of 5777 results

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