US-EU-UK: Export Controls and Sanctions Update

    View Author April 2020

    This publication from our International Trade Practice looks at the shifting regulatory framework for international trade compliance on both sides of the Atlantic.

    In this issue, we cover:

    US

    • US District Court Enjoins Department of State From Enforcing New ITAR Rule
    • BIS Extends Huawei Temporary General License and Comment Period
    • BIS Adds 24 Entities to Entity List
    • OFAC Announces Nicaragua-related Designations
    • OFAC Removes the Terrorism Sanctions Regulations
    • OFAC Issues Amended Ukraine-related General Licenses
    • OFAC Issues Amended Venezuela-related General License
    • Tennessee Man Pleads Guilty to Smuggling Goods to Iran 

    EU

    • EU Responds to COVID-19
    • Germany Lifts Export Ban on Medical Protective Equipment
    • INSTEX Successfully Concludes Its First Transaction Between the EU and Iran
    • EU Commission Updates Guidance on FDI Screening in the EU Citing COVID-19 Concerns
    • EU Responds to Ukraine Crisis By Extending Restrictive Measures
    • EU Amends Sanctions on Egypt
    • EU Renews Sanctions on Bosnia and Herzegovina
    • EU Issues Restrictive Measures Against Libya

    UK

    • Export Control Joint Unit (ECJU) Publishes Notice Regarding the Handling of Export Licenses in Relation to COVID-19
    • HM Treasury Hits Standard Chartered Bank With Fines For Violation of EU Sanctions Against Russia
    • UK MPs and Peers Request the Foreign Secretary to Align UK “Magnitsky” Style Sanctions With the US
    • ECJU Amends Guidance on Syria Trade Sanctions
    • ECJU Amends Guidance on Somalian Trade Sanctions