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International Compliance blog Blog

Articles: 1-10 of 438

China’s first white paper on Export Controls summarizes legal developments, opposes “abuse” of Export Controls

China - January 4 2022 On December 29, 2021, the PRC State Council’s Information Office (the Information Office) published a White Paper on export controls, providing a…

Exceptions to in-person visa Interview requirements at US consulates expanded for temporary visa categories

USA - January 3 2022 The US Department of State has expanded the exceptions to in-person visa interview requirements for certain temporary visa applicants. The visa…

First Court of Justice judgment to interpret EU blocking statute

European Union, USA - December 23 2021 On 21 December 2021, the Court of Justice of the European Union (“CJEU”) delivered its judgment in Case C-124/20 Bank Melli Iran v Telekom…

US government grants more sanctions relief for Afghanistan-related transactions

Afghanistan, Global, USA - December 23 2021 On December 22, 2021, the US Treasury Department’s Office of Foreign Assets Control (OFAC) issued three general licenses (GLs) to authorize…

US government expands counter-narcotics sanctions with new Executive Order on global illicit drug trade

USA - December 20 2021 On December 15, 2021, the White House issued Executive Order (EO) 14059, “Imposing Sanctions on Foreign Persons Involved in the Global Illicit Drug…

FinCEN issues proposed rule on reporting of corporate ownership

USA - December 15 2021 On December 7, 2021, the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), published a proposed rule to implement the…

OFAC enters into rare settlement with individual over Iranian payments and facilitation

Iran, USA - December 14 2021 On December 8, 2021, the US Treasury Department’s Office of Foreign Assets Control (OFAC) announced a $133,860 settlement with an unnamed individual…

US imposes arms embargo on Cambodia over China concerns

Cambodia, China, USA - December 14 2021 On December 9, 2021, the US government announced an arms embargo on Cambodia, driven by a litany of issues, including concerns about the country’s…

UK announces measures to rework export control regime

United Kingdom - December 13 2021 On December 8, 2021, the UK government announced a package of measures to revise certain aspects of the UK’s export control regime following the…

OFAC sanctions DRC associates of sanctioned billionaire in conjunction with new strategy on countering corruption and global magnitsky designations

USA - December 10 2021 On December 6, 2021, the US Treasury Department’s Office of Foreign Assets Control (OFAC) named one individual and 12 entities in the Democratic…