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
BIS Amends EAR to Suspend License Exceptions for Hong Kong
BIS Designates Huawei Entities, Removes Temporary General License and Amends Foreign-produced Direct Product Rule
National Security Direct Product Rule
Designated Entity Direct Product Rule
BIS Publishes ANPRM Regarding Certain Foundational Technologies
DDTC Announces Upcoming Changes to the Policy of Denial for the Republic of Cyprus
OFAC Announces Settlement Agreement With an Individual
OFAC Announces Settlement Agreement With Deutsche Bank Trust Company Americas
OFAC Targets Hizballah Executive Council Companies and Official
OFAC Amends Cuba Assets Control Regulations
EU
EU Issues Notice to Stakeholders Regarding UK’s Withdrawal and Export Controls
EU Imposes Sanctions Against Cyberattacks
EU Announces Sanctions on Belarus
EU Extends Sanctions With Respect to the Situation in Ukraine
EU Imposes Sanctions Related to the Libyan Conflict
Commission Announces Actions to Make Europe’s Raw Materials Supply More Secure and Sustainable
UK
UK Prepares to Join US and Canada in Sanctioning Belarus for Human Rights Violations
EU Raises Possibility on Sanctioning the UK for Breach of Brexit Withdrawal Agreement