Baker McKenzie’s Global Supply Chain Compliance Blog published “Commerce Department Issues Notice of Request for Public Comments on Risks in the Semiconductor Supply Chain and Announces Virtual Forum on Risks in the ICT Supply Chain,” which can be viewed here.
On July 2, 2021, the US Government imposed sanctions on several military-affiliated entities and individual senior officials and certain family members in response to the February military coup in Burma (Myanmar). In a statement on the same day, the US State Department said that these “measures further demonstrate that [the US Government] will continue to take additional action against, and impose costs on, the [Burmese] military and its leaders until they reverse course and provide…
The third installment in our Deeper Dive series into the Biden Administration’s supply chain reports has been published to the Baker McKenzie Global Supply Chain Compliance Blog. In this post, the authors discuss the policy recommendations related to possible additional export controls for products in the semiconductor and advanced packaging supply chain. The first two installments of the Deeper Dive series can be found here and here.
On June 1, 2021, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) published the Burma Sanctions Regulations at 31 C.F.R. Part 525 (the “BSR”) to implement Executive Order 14014, “Blocking Property With Respect to the Situation in Burma” (“EO 14014”). EO 14014 imposed sanctions on certain Burmese parties in response to the Burmese military’s coup against the democratically elected civilian government. The BSR do not expand upon the sanctions previously imposed under EO…