Results 1 to 5 of 40

[UPDATED] OFAC Publishes Determinations and Guidance on Implementing the Price Cap Policy for Russian Crude Oil and Petroleum Products

Russia, USA - February 21 2023 In this blog post, we update our earlier post regarding OFAC’s determination and guidance on implementing the price cap policy for Russian crude oil…

Ali Burney, Zoey Hong, Edward J. Krauland, Wendy Wysong, Bo Yue, Wilson Zhao

OFAC Issues General License for Earthquake Relief in Syria

Syria, USA - February 15 2023 Recognizing the importance of humanitarian aid to support rescue and recovery efforts in Syria, the US Department of the Treasury, Office of Foreign…

Alexandra E.P. Baj, Nicholas Kimbrell, Martin Willner

DOJ’s New Corporate Enforcement Policy for the Criminal Division and its Impact on Cases handled by other Divisions

USA - January 31 2023 In this blog post, we provide an overview of the updates to the Criminal Division’s Corporate Enforcement Policy (CEP) and discuss the impact of…

Iris E. Bennett, Ali Burney, Brian J. Fleming, Patrick F. Linehan, Rachel B. Peck, Ryan Pereira, Wendy Wysong

In Unprecedented Action FinCEN Identifies Virtual Currency Exchange as Primary Money Laundering Concern

USA - January 19 2023 On January 18, 2023, the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an order identifying the virtual…

Evan Abrams, Brian J. Fleming, Jack R. Hayes

New Sanctions Authority for Theft of U.S. Trade Secrets by Foreign Persons

China, USA - January 11 2023 On January 5, 2023, President Biden signed into law the Protecting American Intellectual Property Act of 2022 (the Act). The Act requires periodic…

Ali Burney, Zoey Hong, Darryl Nirenberg, Wilson Zhao