Brittany Crosby-Banyai

Nov 16, 2023 | mondaq.com | Jonathan Cross |Christopher Boyd |Brittany Crosby-Banyai |Kelly Adams

On November 2, 2023, the U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC") designated 130 new Russian entities and individuals that OFAC identified as supporting Russia's war in Ukraine by "providing Russia with much-needed technology and equipment from third countries." On the same day, the U.S. Department of State issued nearly 100 sanctions targeting Russia's future energy production and revenue, metals and mining sector, defense procurement, and those involved in...

Oct 25, 2023 | mondaq.com | Jonathan Cross |Brittany Crosby-Banyai

On October 18, 2023, the United States Department of the Treasury's Office of Foreign Assets Control ("OFAC") issued multiple general licenses that suspend some sanctions, including those relating to oil and gas transactions with Venezuela's state-owned oil company, Petroleos de Venezuela, S.A. ("PdVSA") in response to the signing of an electoral roadmap agreement between the Government of the United States and the Government of Venezuela.

Oct 24, 2023 | lexology.com | Jonathan Cross |Brittany Crosby-Banyai

On October 18, 2023, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued multiple general licenses that suspend some sanctions, including those relating to oil and gas transactions with Venezuela’s state-owned oil company, Petroleos de Venezuela, S.A. (“PdVSA”) in response to the signing of an electoral roadmap agreement between the Government of the United States and the Government of Venezuela.

Sep 20, 2023 | mondaq.com | Jonathan Cross |Christopher Boyd |Brittany Crosby-Banyai |Kelly Adams

On Thursday, September 14, the U.S. Department of the Treasury's Office of Foreign Assets (“OFAC”) imposed nearly 100 sanctions on Russian elites and Russia's industrial base, financial institutions, and technology suppliers.

Aug 16, 2023 | mondaq.com | Jonathan Cross |Christopher Boyd |Brittany Crosby-Banyai |Kelly Adams

On August 9, 2023, President Biden issued an Executive Order (the "Executive Order") restricting certain U.S. investments in Chinese companies which produce technologies and products raising US national security concerns." On the same day, the Treasury Department issued an "Advanced Notice of Proposed Rulemaking" ("ANPR") commencing the process to issue regulations imposing the new investment restrictions.