This publication from our International Trade Practice looks at the shifting regulatory framework for international trade and compliance on both sides of the Atlantic.
EU
EU Extends Russia Sanctions
EU Set to Renew Sanctions on Tunisia
EU Implements UN Listings to Its North Korea Sanctions
EU Amends Its Sanctions on Syria
UK
UK Office of Financial Sanctions Implementation (OFSI) Issues New Guidance on Travel to the UK
OFSI Renews Palestine Terrorist Asset Freezes
OFSI Consultation on New Civil Penalties for Sanctions Breaches
UK to Vote on "Magnitsky" Sanctions Against Human Rights Violators
US
Obama Administration Responds to Russian Hacking With Enhanced Cyber-Related Sanctions
New OFAC General License Authorises Transactions for Liquidation of Banco Continental, S.A.
OFAC Expands Scope of Authorised Humanitarian Exports to Iran
Obama Administration Lifts Embargo of Sudan
Worldwide
South Korea and Japan Announce New Sanctions on North Korea
Enforcement Actions
Intesa Sanpaolo S.p.A. and Its New York Branch Pay a US$235 Million Fine
BIS Issues Orders Denying Export Privileges to Several Persons
Upcoming Events
Free Event – SME Briefing on Potential US Business Opportunities – London, UK – 27 January 2017
ITAR and EAR: US Trade Controls Compliance in Europe – London, UK– 31 January – 1 February 2017
7th Annual Advanced ITAR & EAR Compliance Conference and Workshops – Washington DC – 8-9 February 2017
We encourage you to visit our blog The Trade Practitioner, where you will find further updates on export controls, sanctions and other international trade topics. In addition, organizations engaged in the trade of items specially designed for military or space applications are encouraged to download our complimentary ITAR Practitioner’s Handbook covering the International Traffic in Arms Regulations (ITAR) and the US Department of Commerce "600 Series."
Please click “download” above for a copy of the complete update.
