OFAC took action December 1 against two individuals and two companies based in Lebanon for providing financial services to Hizballah, along with an additional individual involved in facilitating …
Sitki Ayan, industrialist and school chum of Turkish President Tayyip Erdogan was added to the May 25 designation of trading partners of the Qods Force of Iran’s Islamic Revolutionary Guard …
OFAC sanctioned three individuals December 1 for being officials of the Workers’ Party of Korea (WPK). These individuals have provided support to the Democratic People’s Republic of …
Designating three Iranian security officials for the Iranian regime’s continued crackdown on ongoing protests throughout the country, including most recently in Kurdish areas. Sanctioned …
The US-Backed Opposition “Unitary Platform” and the Maduro regime announced the resumption of talks in Mexico City; leading to an easing of US Sanctions on the OPEC nation. Press reports …
OFAC has published a Determination pursuant to Executive Order (E.O.) 14071 to implement the price cap policy for crude oil of Russian Federation origin along with a guidance on the …
Treasury’s Office of Foreign Assets Control (OFAC) sanctioned one Russian national and one Belarusian national for their role in exploiting the Guatemalan mining sector, as well as three …
ABB’s $315 million settlement of charges associated with bribing a South African official for power plant contracts includes a three-year deferred prosecution agreement (DPA), along with two …
Alabama man Ray Hunt , 69, was indicted on 15 counts of conspiracy, unlawful export, smuggling and submitting false or misleading export information associated with sales of flow control items to …
The Commerce Department’s Bureau of Export Administration has suspended the export privileges of two companies and three persons for the unauthorized export to Russia of sensitive items subject …
Solicitors Regulation Authority has published guidance on the UK Sanctions Regime for SRA-regulated firms, solicitors, registered European lawyers and registered foreign lawyers. “The sanctions …
UK’s Second Economic Crime Bill is at odds with the EU decision. Hogan Lovells reminds clients, “An existing overseas entity (and its officers) who owns land but has failed to register at …
The European Commission has released a proposal to harmonize criminal offences and penalties for the violation of EU restrictive measures. Individual persons could be liable to a maximum penalty of …
The European Commission is proposing to create a new structure to manage frozen and immobilized public Russian assets, invest them and use the proceeds for Ukraine. The announcement includes measures …
The Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rulemaking (NPRM) governing the circumstances under which beneficial ownership information may be disclosed to federal …
In a win for the Legal Industry, the Senate stripped the ENABLERS Act from the National Defense Authorization Act. The amendment would have closed a key loophole identified by anti-corruption …
Big sugar suffered an uncommon setback when US Customs and Border Patrol issued a Withhold Release Order (WRO) against a Dominican affiliate of Florida’s Fanjul organization, based on …
Enforcement of the Uyghur Forced Labor Prevention Act (UFLPA) has begun in earnest, according to a DHS official. “We’ve moved a lot of resources over to this new enforcement priority. …
State’s Bureau of Arms Control, Verification and Compliance has signed a Memorandum of Understanding to engage in a public-private partnership with the Quantum Technology Center (QTC) at the …
“Modern, data-driven digital technologies utilizing AI and machine learning can and should play an integral role in enhancing BIS export control enforcement capabilities,” according to a …