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Bryan Cave Leighton Paisner LLP | Russia, USA | 13 May 2022

Russia Sanctions Update: Prohibitions Regarding Certain Professional Services, Additional SDN Designations, Visa Restrictions, and Expansion of U.S. Export Controls

Following a meeting of G7 leaders on May 8, 2022, the United States enacted additional sanctions and export control measures in response to the…
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Paul Hastings LLP | European Union, Global, United Kingdom, etc. | 13 May 2022

Daily Financial Regulation Update -- Friday, May 13, 2022

The U.S. House Committee on Financial Services held a hearing entitled, "The Annual Report of the Financial Stability Oversight Council…
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Mayer Brown | USA | 12 May 2022

OFAC Imposes First-Ever Sanctions Against Virtual Currency Mixer

On May 6, 2022, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) designated crypto mixer Blender.io as a Specially…
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Cadwalader Wickersham & Taft LLP | USA | 12 May 2022

Yellen to Senate Banking Committee: Stablecoins Should Be Regulated

Earlier this week, Department of the Treasury Secretary Janet Yellen provided testimony and responded to questions from the Senate Banking Committee…
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Buckley LLP | USA | 12 May 2022

Agencies instruct servicers to pause foreclosures while HAF assistance is available

On May 6, the Secretaries of HUD, Department of Veterans Affairs, Department of Agriculture, and Treasury announced that servicers of…
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K&L Gates LLP | USA | 12 May 2022

Permanent Dial-In Option Makes TEFRA Hearings Easier Than Ever - Forever

The Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) requires a public hearing as a form of public approval for certain types of tax-exempt…
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Katten Muchin Rosenman LLP | USA | 11 May 2022

Financial Markets and Funds Quick Take | Issue 2

The Securities and Exchange Commission (SEC) announced it is extending the public comment period on the proposed rulemaking to enhance and standardize…
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Baker McKenzie | USA | 11 May 2022

Senate Introduces Bill Requiring Disclosure of Sourcing from Xinjiang and Transactions with Certain Chinese Entities

This week Florida’s two Senators, Marco Rubio and Rick Scott, introduced a bill imposing several China specific public disclosure obligations…
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Baker & Hostetler LLP | USA | 11 May 2022

Supplemental Environmental Projects Set to Return with New Guidelines

On May 5, Attorney General Merrick Garland announced the return of supplemental environmental projects (SEPs) in U.S. Department of Justice (DOJ)…
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Holland & Knight LLP | Russia, USA | 10 May 2022

Navigating Russian Sanctions in Corporate Jet Transactions

Sanctions targeting Russia and certain Russian oligarchs have created unprecedented risk for certain international corporate jet…
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