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Enforcement Actions Expected To Continue During A U.S. Government Shutdown, While Export Industry Will Incur Licensing Delays - Government Contracts, Procurement & PPP

After successfully forestalling a potential U.S. government shutdown earlier this year, the threat once again looms if the U.S. Congress fails to reach an agreement on spending bills for the next fiscal year.
Department Of State Directorate Defense Trade Committee On Foreign Investment Department Of Commerce Bureau Industry Department Of Commerce Department Of The Treasury Office Foreign Defense Trade Controls
Source: mondaq.com

Compliance Flash: OFAC Announces New Reporting Requirement For Persons Who Hold Property Of Certain Russian Entities - Export Controls & Trade & Investment Sanctions

On May 19, 2023 the United States, in coordination with the G7 and other international partners, imposed more than three-hundred new sanctions on Russia for its war in Ukraine.
United States Russian Federation Us Treasury Department Office Of Foreign Central Bank National Wealth Fund Of The Russian Federation Ministry Of Finance The Russian Federation
Source: mondaq.com

OFAC Issues General Licenses Easing Sanctions On Venezuela After Maduro Government And Opposition Reach Agreement On 2024 Elections - Export Controls & Trade & Investment Sanctions

On October 17, 2023, the Government of Nicolás Maduro and opposition parties in Venezuela entered into an agreement on an "electoral roadmap", including international monitoring, for elections...
United States Industrias Aeron Holdings Inc Us Department Office Of Foreign Holding Inc
Source: mondaq.com

Government Shutdown Impact: International Trade - Export Controls & Trade & Investment Sanctions

As the standoff in Congress on the budget threatens to shut down vast swaths of the federal government, we write to remind clients about how a federal government shutdown would affect international trade and investment.
United States Department Of Commerce Bureau Department Of The Treasury Office Bureau Of Industry Us Department Of The Treasury Committee On Foreign Investment
Source: mondaq.com

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DOJ, BIS, And OFAC Issue Tri-Seal Compliance Note Consolidating Information Regarding Voluntary Self-Disclosure Policies - Export Controls & Trade & Investment Sanctions

The U.S. Department of Justice, the U.S. Department of Commerce's Bureau of Industry and Security, and the U.S. Department of the Treasury's Office of Foreign Assets Control published their second Tri-Seal Compliance Note on 26 July 2023.
United States Party Intermediaries Used To Us Department Of Justice Program Before Party Intermediaries Compliance Department Of Justice National Security Division
Source: mondaq.com

United States Further Expands Russia Sanctions To Prohibit Services And Exports To Russia - Export Controls & Trade & Investment Sanctions

In response to entreaties by allies at the Group of Seven (G7) summit recently held in Japan, on May 19, 2023, the U.S. Department of Commerce and the Department of the Treasury jointly announced...
Avtonomna Respublika United States Russian Federation Department Of The Treasury Financial Crimes Department Of The Treasury Office Foreign Enforcement Network Fin
Source: mondaq.com

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