Deborah Curtis

Nov 24, 2024 | mondaq.com | John Barker |John Bellinger |Charles Blanchard |Deborah Curtis

On November 15, 2024, the U.S. Department of the Treasury published a Final Rule to implement the August 9, 2023 Executive Order addressing outbound investments in certain national security technologies and products in "countries of concern." Effective January 2, 2025, the Final Rule prohibits and regulates certain investments by U.S. persons in the People's Republic of China (PRC), Hong Kong, and Macao.

May 22, 2024 | mondaq.com | Eliza Buergenthal |Deborah Curtis |Elizabeth Carney

A recent indictment out of the Southern District of New York charges two brothers, Anton and James Peraire-Bueno, with wire fraud, conspiracy to commit wire fraud, and conspiracy to commit money laundering for allegedly exploiting Ethereum blockchain to fraudulently obtain US$25 million worth of cryptocurrency from cryptocurrency traders.

Jan 24, 2024 | mondaq.com | Junghyun Baek |Soo-Mi Rhee |John Barker |Deborah Curtis

On January 16, Matthew S. Axelrod, Assistant Secretary for Export Enforcement at the U.S. Department of Commerce, Bureau of Industry and Security (BIS), issued a memorandum announcing further updates to BIS' voluntary self-disclosure (VSD) policy. The memorandum reflects important changes to BIS' treatment of VSDs that disclose violations where no aggravating factors are present.

Jan 4, 2024 | mondaq.com | Charles Blanchard |Deborah Curtis |Ronald Lee |Soo-Mi Rhee

On December 14, the United States Congress passed the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2024. The FY24 NDAA contains numerous provisions that impose new or expanded prohibitions on Department of Defense (DoD) procurement activities, including an effort to ascertain and limit the potential nexus to "countries of concern," such as China and Russia.

Dec 22, 2023 | arnoldporter.com | Charles Blanchard |Deborah Curtis |Ronald Lee |Soo-Mi Rhee

On December 14, the United States Congress passed the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2024. The FY24 NDAA contains numerous provisions that impose new or expanded prohibitions on Department of Defense (DoD) procurement activities, including an effort to ascertain and limit the potential nexus to “countries of concern,” such as China and Russia.