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OFAC Publishes New and Amended FAQs Regarding the Russia Investment Ban

Russia, USA - June 8 2022 On June 6, 2022, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC“) published new and amended Frequently Asked Questions…

Sylwia A. Lis, Lise S. Test

OFAC Issues New Syria-Related General License and New and Amended FAQs

Syria, USA - May 20 2022 On May 12, 2022, the US Treasury Department’s Office of Foreign Assets Control (“OFAC“) issued Syria General License No. 22 (“GL 22“), authorizing…

Meghan Hamilton, Alison J. Stafford Powell

BIS Updates List of Aircraft Exported to Russia or Belarus in Apparent Violation of the EAR

Belarus, Russia, USA - April 23 2022 On April 14, 2022, the US Department of Commerce’s Bureau of Industry and Security (“BIS”) announced that it had added an additional ten aircraft to…

Paul E. Amberg, Lise S. Test

BIS Announces Expanded Export Controls Targeting Russia

Russia, USA - February 25 2022 On February 24, 2022, the Bureau of Industry and Security (“BIS”) within the US Commerce Department (“Commerce”) issued a final rule (“Final Rule”)…

Alexandre (Alex) Lamy

US Government Issues Business Advisory on Heightened Risks Associated with doing Business in Myanmar

Sudan, USA - February 11 2022 On January 26, 2022, the US Departments of State, Treasury, Commerce, Labor, Homeland Security and the Office of the US Trade Representative (“USTR”)…

Kerry B. Contini, Alexandre (Alex) Lamy