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On April 7, the U.S. Office of Foreign Assets Control (OFAC) issued a new General License No. 25 (GL25) authorizing certain transactions ordinarily incident to telecommunications and...
As Russia's war against Ukraine continues and the United States and its allies announce further sanctions, U.S. companies face more difficulties with compliance and the loss of valuable assets.
The United States has not seen any indications of non-compliance in Asia with export controls on Russia due to its invasion of Ukraine, and companies are even self-sanctioning, a senior U.S. official said. “The restrictions have been in place for roughly a month, a little bit over a month, and we certainly haven’t seen any ...
Major players know there is a significant risk to their business if they don’t comply. . Read more at straitstimes.com.
TAIPEI (Reuters) - The United States has not seen any indications of non-compliance in Asia with export controls on Russia due to its invasion of Ukra...