Results 1 to 5 of 12

Commerce Department offers guidance on new controls on US person activities supporting the development or production of integrated circuits in China

China, USA - November 3 2022 Recently, the US Department of Commerce Bureau of Industry and Security (BIS) issued an interim final rule imposing additional export controls on…

Jeffrey P. Bialos, Ginger T. Faulk, Mark D. Herlach

Commerce Department targets third-country suppliers to Russian military, expands export licensing for consumer communications devices

USA - October 12 2022 Recently, the Biden Administration adopted additional sanctions in response to Russia's attempts to annex parts of sovereign Ukrainian territory…

Jeffrey P. Bialos, Ginger T. Faulk, Mark D. Herlach

OFAC issues guidance on maritime services price cap for seaborne Russian oil

USA - September 12 2022 As a follow up to our alert of September 7th regarding the G7 proposal to implement a price cap with respect to seaborne Russian-origin crude oil and…

Ginger T. Faulk

G7 proposes price cap to "amplify” existing sanctions

USA - September 7 2022 On September 2, 2022, the G7 Finance Ministers issued a statement confirming their intention to implement a price cap with respect to Russian-origin…

Ginger T. Faulk, Mark D. Herlach

Sanctions 2.0: US Treasury Department announces results of sanctions policy review and OFAC releases compliance guidance for the virtual currency industry

USA - October 28 2021 The US Department of the Treasury (Treasury) has released the results of its review of economic and financial sanctions first announced in December…

Michael Bahar, Ginger T. Faulk, Andrea L. Gordon, Mark D. Herlach, Sarah E. Paul, Mary Jane Wilson-Bilik