US-EU-UK: Export Controls and Sanctions Update

    View Author June 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

    • NOAA Amends Licensing of Private Remote Sensing Space Systems
      • Remote Sensing Space Systems
      • Existing Licensing Regime
      • New Licensing Tiers
    • BIS Makes Additions to Entity List
    • OFAC Announces Settlement Agreement with BIOMIN America, Inc.
    • OFAC Removes Venezuela-related General License 13E, Announces Other Venezuela-related Updates
    • Agencies Issue Guidance to Address Illicit Shipping and Sanctions Evasion Practices
    • DOJ Extradites Founder and CEO of Iranian Financial Services Firm on Money Laundering, Wire Fraud and Conspiracy Charges
    • DOJ Seeks Forfeiture of More than US$20 Million in Assets Relating to Unlawful Use of US Financial System to Evade and Violate Iranian Sanctions

    EU

    • Council Imposes Restrictions on Nicaraguan Nationals
    • Member States Agree to Terminate Bilateral Investment Treaties within the EU
    • Commission Issues Plan for Comprehensive Policy on Money Laundering and Terrorist Financing
    • Council Issues Conclusion to the Eastern Partnership Policy
    • EU Publishes Guidance on Humanitarian Aid to Sanctioned Countries
    • EU Extends Cyber Sanctions Regime
    • Commission Imposes Specific Restrictive
    • Measures Against Persons Associated with ISIL and Al-Qaida
    • Council Aims to Relieve Aviation and Railway
    • Service Providers Impacted by COVID-19
    • Council Extends Sanctions on Syria
    • Council Extends Sanctions Concerning the Central African Republic
    • Court of Justice Issues Opinion on Case Against Iranian Bank

    UK

    • Coronavirus: House of Commons Releases Briefing Paper on Sanctions and the Humanitarian Crisis
    • Office of Financial Sanctions Implementation (OFSI) Releases Its Quarterly Report to Parliament