Aaron Zebley

May 3, 2024 | mondaq.com | Neena Shenai |Zachary K. Goldman |Michael C. Dawson |Aaron Zebley

On April 24, 2024, President Biden signed into law H.R. 815, an emergency appropriations package billed as authorizing $95 billion in foreign aid to Ukraine and Israel (the Act). While the Ukraine and Israel aid provisions and the potential ban on TikTok have received the most attention, the Act contains over 20 sections, some of which make significant changes to US sanctions and export control laws.

Mar 19, 2024 | wilmerhale.com | Neena Shenai |Zachary K. Goldman |Barry Hurewitz |Richard Burger |Michael C. Dawson |Aaron Zebley | +2 more

Executive SummaryOn March 6, 2024, the U.S. Departments of the Treasury, Commerce, and Justice jointly issued a Tri-Seal Compliance Note titled “Obligations of Foreign-Based Persons to Comply with U.S. Sanctions and Export Control Laws” (“Tri-Seal Note” or “Note”). The Tri-Seal Note is significant for several reasons.