El 18 de octubre de 2023, la Oficina de Control de Activos Extranjeros (“OFAC”) del Departamento del Tesoro de EE.UU. aplicó un levantamiento limitado de las sanciones bajo el Reglamento de Sanciones contra Venezuela (el “VSR”) al Gobierno de Venezuela (el “GOV”) y ciertos sectores de la economía venezolana en respuesta a la firma de un acuerdo de hoja de ruta electoral entre representantes del GOV y los partidos políticos de la oposición venezolana. La…
On October 18, 2023, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) implemented limited sanctions relief under the Venezuela Sanctions Regulations (the “VSR”) to the Government of Venezuela (the “GOV”) and certain sectors of the Venezuelan economy in response to the signing of an electoral roadmap agreement between GOV representatives and Venezuelan political opposition parties. OFAC and the State Department have made clear that additional sanctions relief and the continuance of…
On August 9, 2023, President Biden issued Executive Order 14105, targeting certain US investments into Chinese companies or Chinese-owned companies engaged in three advanced technology areas (Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern, the “EO”). The EO directs the US Department of the Treasury (“Treasury”) to issue regulations that will (1) prohibit certain categories of US outbound investments and (2) require notification of other investments involving the…
On June 16, 2023, the US Commerce Department published a final rule (“Final Rule”), implementing President Biden’s 2021 Executive Order 14034 on “Protecting Americans’ Sensitive Data from Foreign Adversaries,” to amend the Commerce Department’s “Securing the Information and Communications Technology Supply Chain” regulations, 15 C.F.R. Part 7 (“ICTS Regulations”). The amendments mainly relate to connected software applications. The Final Rule was issued in response to comments received to a notice of proposed rulemaking (“NPRM”) issued…