Results 1 to 5 of 106

CFIUS Announces First Ever Enforcement and Penalty Guidelines

USA - November 4 2022 On October 20, 2022, the US Department of the Treasury (Treasury) issued, for the first time, Enforcement and Penalty Guidelines (Guidelines) for the…

Jordan Cannon, Brian J. Fleming

OFAC and FinCEN Announce Enforcement Actions Against Bittrex

USA - October 21 2022 On October 11, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN)…

Sophia Breggia, Jack R. Hayes, David M. Stetson, Jason M. Weinstein

BIS Issues Expansive New Rules Targeting China

China, USA - October 17 2022 On October 7, 2022, in a move that was hailed by senior U.S. government officials as a paradigm shift in U.S. export controls policy toward China…

Ed Krauland, Alexandra E.P. Baj, Ali Burney, Jordan Cannon, Brian J. Fleming, Jack R. Hayes, Peter Edward Jeydel, Ryan Pereira, Meredith Rathbone, Martin Willner, Wendy Wysong, Bo Yue

Rare Executive Order Sharpens CFIUS Focus

USA - September 21 2022 On September 15, 2022, President Biden issued a new Executive Order (EO), entitled “Executive Order on Ensuring Robust Consideration of Evolving…

Stewart A. Baker, Brian J. Fleming

OFAC Releases Preliminary Guidance on Implementation of the Russian Oil Price Cap

Russia, Ukraine, USA - September 16 2022 The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently released preliminary guidance on the implementation of a price…

Edward J. Krauland, Meredith Rathbone, Claire Schachter, David M. Stetson, Jeffrey G. Weiss