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In March 2022, in response to Russia's actions in the Ukraine conflict, the Biden Administration along with the governments of Austria, Canada, Germany, France, Italy, Japan, the United Kingdom...
As we first discussed in our March 21 advisory, on February 24, in response to the invasion by Russia of Ukraine, the US Department of Commerce, Bureau of Industry and Security issued new rules.
In June 2022, the Treasury Department's Office of Foreign Assets Control (OFAC) published new Frequently Asked Questions (FAQs) regarding the prohibition of new investment and the provision of certain accounting...
UPDATE – As of June 2, 2022, a new rule issued by the U.S. Department of Commerce's Bureau of Industry and Security revised, corrected, and clarified certain provisions of the Export Administration...
The Department of Commerce’s Bureau of Industry and Security (“BIS”) charged Russian oligarch Roman Abramovich with violating U.S. export controls by exporting U.S.-origin aircraft to...