by Jeremy Paner Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a $7,772,102 settlement with Zoltek Companies, Inc. to resolve potential civil liability arising from apparent […]
On 10 October 2018, the Commission announced its draft annual Delegated Regulation that updates the EU dual-use export control list in Annex I to Regulation (EC) No 428/2009 and brings […]
By Steven Pelak, Jason Prince, and Gwen Green On October 10, 2018, the U.S. Department of the Treasury, acting in its role as chair of the Committee on Foreign Investment in the United […]
by Jeremy Paner Recent Congressional action indicates that the Hizballah International Financing Prevention Amendments Act of 2017 is soon likely to become law. The sanctions authorities under this Act are redundant of existing […]
Effective export controls of DUIs largely depend on the awareness and active commitment of the industry to comply with the regulations in force. It is therefore incumbent on exporters who […]
by Jeremy Paner The European Union recently updated its Blocking Statute[1] in response to the U.S. withdrawal from the Joint Comprehensive Plan of Action (JCPOA). The EU revised this regulation […]
June 7th, by Arnaud FENDLER On the 4th of June, in response to the sanctions imposed on Russia by the United States and other foreign countries, Russian Governmental authorities passed […]
On 8 May 2018, US President Donald Trump announced the Unites States’ withdrawal from the « Joint Comprehensive Plan of Action » (« JCPOA ») and that the US government will reinstate the US […]
April 16th, by Dimana Todorova The terms and conditions of license applications for dual-use items have been substantially modified by a Decree issued on April 6, 2018. As a reminder, […]
by Jeremy Paner Last Friday, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced the designations of a number of prominent Russian oligarchs. The initial reaction of many companies with investment or business ties with these blocked parties was either panic or nonchalance. In most cases, […]
