Latest Posts
Search for:
Author

Sylwia Lis (US)

Browsing

President Trump Announces Policy of Imposing Maximum Pressure on Iran; OFAC Sanctions Iran Shipping Network

By , and 3 Mins Read

On February 4, 2025, the White House issued a National Security Presidential Memorandum (“NSP Memo”) outlining President Trump’s intention to impose maximum economic and political pressure on the government of the Islamic Republic of Iran (“Iran”), including by enhancing enforcement efforts and modifying or rescinding any existing general license or guidance that provides Iran with “any degree of economic or financial relief.” In addition, on February 6, 2025, the US Treasury Department’s Office of Foreign…

BIS Issues Interim Final Rule and Call for Comments on New Export Controls on Artificial Intelligence and Advanced Computing Integrated Circuits

By , and 9 Mins Read

The US Department of Commerce’s Bureau of Industry and Security (“BIS”) published an interim final rule (“IFR”) on January 15, 2025, that introduces new export controls on artificial intelligence (“AI”) model weights and advanced computing integrated circuits (“IC”) in the Export Administration Regulations (“EAR”).  The new controls are intended to simultaneously restrict exports to certain countries while establishing a framework to support the diffusion and supply of certain AI model weights and advanced computing ICs…

US Treasury Department Issues FAQs on Final US Outbound Investment Security Rules

By , , and 5 Mins Read

On December 13, 2024, the US Treasury Department (“Treasury”) issued 35 new questions and answers (“FAQs”) providing guidance on the November 17, 2024 final rule outlining the US government’s Outbound Investment Security Program (“Outbound Investment Rules”).  These Outbound Investment Rules, which become effective January 2, 2025, implement a targeted outbound investment compliance regime called for by Executive Order (EO) 14105 issued by President Biden on August 9, 2023. The full list of published FAQs can…

BIS Issues Final Rule on ICTS Supply Chain Review Procedures, Responds to Comments Submitted to Interim Final Rule

By , and 9 Mins Read

The US Department of Commerce (“Department”) issued a final rule (the “Rule”) on December 6, 2024 to amend provisions related to the Department’s review of transactions involving information and communications technology and services (“ICTS”) “designed, developed, manufactured, or supplied by persons owned by, controlled by, or subject to the jurisdiction or direction of a foreign adversary that may pose undue or unacceptable risk to the United States or U.S. persons.”  The Rule implements important clarifications…

Load More