On February 3, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued new General License No. 47 (“GL 47”) authorizing transactions related to the exportation/reexportation of US-origin diluents (i.e., diluting agents used to reduce viscosity of fluids, e.g., for use in crude oil pipelines) to Venezuela that would otherwise be prohibited under the Venezuela Sanctions Regulations, 31 C.F.R. Part 591. You can find our blog posts about developments under US…
On 28 January 2026, OFSI announced (see here) strengthened multi agency efforts to counter the abuse of cryptoassets…
On January 29, 2026, President Trump signed Executive Order 14380, “Addressing Threats To the United States by the…
As summarized in our recent blog post, in response to recent threat of tariffs over the Greenland issue,…
On February 2, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) reissued General…
Baker McKenzie’s Global Trade Team is pleased to invite you to our 2026 Global Trade and Customs Webinar…
On January 29, 2026, the Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued new General…