Sylwia Lis (USA), Author at Global Sanctions and Export Controls Blog

Sanctions and export controls week: Geopolitical disruption and global sanctions and export controls developments

May 14, 2024 By Arnoud Willems (Belgium), Sven Bates (UK), Terence Gilroy (USA), Ben Smith (UK), Kana Itabashi 板橋加奈 (Japan), Julia Webster (Canada), Zeyang Gao (UK), Emily Thomson (UK), Courtney Mackness (UK), Johanna Asplund (UK), Kimberley Fischer (Germany), Andrew Rose (UK), Meera Rolaz (Switzerland), Frank Pan (China), Tristan Grimmer (UK), Sylwia Lis (USA) and Olof Konig (Sweden) 6 Mins Read

For the second week of our Annual Compliance Conference, we discussed key trade compliance issues impacting our clients globally. Specifically, we discussed the trade policy response of the US, EU and U.K. to ever increasing geopolitical disruption, global strategies for handling sanctions regulators and enforcement, and key global sanctions and export controls developments. Trade policy response to geopolitical disruption – China and beyond Tuesday 7 May SPEAKERS: Tristan Grimmer (Partner, London), Sylwia Lis (Partner, Washington…

US Commerce Department Issues License Exception Eliminating Licensing Requirements for Many Medical Devices to Be Sent to Russia, Belarus, Crimea, the Donetsk People’s Republic, and the Luhansk People’s Republic

April 26, 2024 By Daniel Andreeff (USA), Taylor Parker (USA) and Sylwia Lis (USA) 2 Mins Read

The US Commerce Department’s Bureau of Industry and Security (“BIS”) announced that it is issuing a new License Exception MED that in many cases will eliminate BIS licensing requirements for EAR99 medical devices shipped to and within Russia, Belarus, Crimea, Donetsk People’s Republic (“DNR”), and Luhansk People’s Republic (“LNR”). License Exception MED will go into effect on Monday, April 29. License Exception MED will authorize the export, reexport, and in-country transfer of EAR99 medical devices…

US President Signs National Security Package with Provisions Doubling the Statute of Limitations for Sanctions Violations, Authorizing the Seizure of Russian Assets, Targeting Russia and Iran with Additional Sanctions, and More

April 26, 2024 By Alexandre (Alex) Lamy (USA), Rod Hunter, Alison J. Stafford Powell, Bruce J. Linskens, Sylwia Lis (USA) and Kerry B. Contini (USA) 12 Mins Read

On April 24, 2024, President Biden signed into law a national security package (H.R. 815) that includes the 21st Century Peace through Strength Act, the fourth pillar of a broader foreign aid package to assist Israel, Ukraine, and the Indo-Pacific. The law contains numerous sanctions and trade-related provisions. In this blog post, we are summarizing the provisions that are most relevant to multinational companies seeking to comply with applicable trade rules and mitigate risks, which…

BIS Issues Final Rule to Revise and Expand the SDN-Related End-User Controls under the EAR

March 27, 2024 By Alexandre (Alex) Lamy (USA), Vivian Tse (USA) and Sylwia Lis (USA) 5 Mins Read

On March 21, 2024, the US Commerce Department’s Bureau of Industry and Security (“BIS”) published a final rule (“Final Rule”) revising and expanding the end-user controls under Part 744 of the Export Administration Regulations (“EAR”). Specifically, the Final Rule expanded end-user controls applicable to certain persons identified on the List of Specially Designated Nationals and Blocked Persons (“SDN List”) maintained by the Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) under various sanctions…