On October 16, the Department of Commerce’s Bureau of Industry and Security (“BIS”) announced that exporters can request six-month extensions of export licenses that are set to expire on or before December 31, 2020. According to BIS, this is being done to “cut[] red tape and mak[e] it easier for exporters to drive our Nation’s economic recovery in the wake of the pandemic.” Exporters can request the extension by emailing [email protected] The original license will…
Latest Posts
- BIS to Provide Exporters Six-Month Extensions of Licenses as Part of Pandemic Response
- EU designates new Russian individuals and entities under the Chemical Weapons and Libya sanctions regimes
- OFSI publishes Annual Review 2019-2020 and issues reminder to report frozen assets
- US Government Imposes Sanctions on the Iranian Financial Sector under Executive Order 13902 and Designates 18 Iranian Banks
- FinCEN and OFAC Issue Ransomware Advisories
- The Swedish Anti-Corruption Institute (IMM) issues a revised Code to Prevent Corruption in Business
- BIS Extends Comment Period for Foundational Technologies until November 9
- Further updates to EU and UK sanctions against Belarus
Recent
On 15 October, the EU imposed Designated Party controls on six individuals and one entity in Russia under…
On 9 October 2020, the Office of Financial Sanctions Implementation (“OFSI“) published its Annual Review, providing an overview…
On October 8, 2020, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) identified the Iranian financial…
FinCEN and OFAC Issue Ransomware Advisories
by Sylwia A. Lis, Eunkyung Kim Shin and Daniel Andreeff 3 Mins ReadOn October 1, 2020, the US Department of the Treasury (“Treasury”) issued a pair of advisories to alert companies…
Since 2012, the Swedish Anti-Corruption Institute’s (“IMM”) guidelines have been an important cornerstone in promoting self-regulation as a…
On October 9, the Department of Commerce’s Bureau of Industry and Security (BIS) extended the comment period for…