-
1 month ago | 
lexology.com | Tamer A. Soliman |Jason Hungerford |Paulette Vander Schueren |Gretel Morales |James Ford |Nicholas Jackson | +3 more
I. US SANCTIONS U.S. Department of the Treasury Sanctions Key Infrastructure that Enables Russia-Based Ransomware Attacks: On February 11, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), jointly with Australia and the United Kingdom, designated Zservers, a Russia-based bulletproof hosting (“BPH”) services provider, and two Russian nationals who were determined to operate Zservers, for their alleged role in supporting LockBit ransomware attacks.
-
Dec 4, 2024 | 
mondaq.com | Gina M. Parlovecchio |Justin Herring |Tamer A. Soliman |Adam Hickey
On November 26, 2024, the United States Court of Appeals for the
Fifth Circuit issued a landmark decision holding that the Treasury
Department's Office of Foreign Assets Control
("OFAC") exceeded its statutory authority by sanctioning
immutable smart contracts created byTornado Cash.
-
Nov 29, 2024 | 
mondaq.com | Adam Hickey |Stephen Lilley |Tamer A. Soliman |Aaron Futerman
In this article, the authors
discuss a rule proposed by the Bureau of Industry and Security of
the U.S. Department of Commerce to create a mandatory reporting
requirement for artificial intelligence (AI) developers and
computing providers concerning the development, training and
testing of powerful AI models.
-
Oct 28, 2024 | 
mondaq.com | Adam Hickey |Stephen Lilley |Tamer A. Soliman |Aaron Futerman
On October 21, 2024, the Department of Justice (DOJ) released an
unpublished Notice of Proposed Rulemaking (NPRM),
Provisions Pertaining to Preventing Access to U.S. Sensitive
Personal Data and Government-Related Data by Countries of Concern
or Covered Persons. DOJ intends to publish the NPRM in the
Federal Register on October 29.
-
Oct 24, 2024 | 
lexology.com | Adam Hickey |Stephen Lilley |Tamer A. Soliman |Aaron Futerman
On October 21, 2024, the Department of Justice (DOJ) released an unpublished Notice of Proposed Rulemaking (NPRM), Provisions Pertaining to Preventing Access to U.S. Sensitive Personal Data and Government-Related Data by Countries of Concern or Covered Persons. DOJ intends to publish the NPRM in the Federal Register on October 29.
-
Oct 14, 2024 | 
mondaq.com | Adam Hickey |Timothy J. Keeler |Stephen Lilley |Tamer A. Soliman
On September 26, 2024, the US Department of Commerce's Bureau of Industry and Security (BIS) Office of Information and Communications Technology and Services (OICTS) published a notice of proposed rulemaking (the "Proposed Rule") titled "Securing the Information and Communications Technology and Services Supply Chain: Connected Vehicles." The Proposed Rule builds on the advance notice of proposed rulemaking (ANPRM) released on March 1, 2024, and focuses on vehicle connectivity system (VCS)...
-
Sep 19, 2024 | 
mondaq.com | Adam Hickey |Stephen Lilley |Tamer A. Soliman |Aaron Futerman
On September 9, 2024, the US Department of Commerce's
("Commerce") Bureau of Industry and Security (BIS) released notice of a proposed rule to create a mandatory reporting
requirement for artificial intelligence (AI) developers and
computing providers concerning the development, training, and
testing of powerful AI models.
-
Jun 28, 2024 | 
mondaq.com | Adam Hickey |Tamer A. Soliman |Howard W. Waltzman |Aaron Futerman
On June 20, 2024, the Department of Commerce's Bureau of
Industry and Security (BIS) issued a Final Determination
("Determination") prohibiting Kaspersky Lab,
Inc.—the US subsidiary of the Russia-based antivirus software
and cybersecurity company—from directly or indirectly
providing antivirus software and cybersecurity products or services
in the United States or to US persons.
-
Jun 26, 2024 | 
jdsupra.com | Aaron Futerman |Adam Hickey |Tamer A. Soliman
On June 20, 2024, the Department of Commerce's Bureau of Industry and Security (BIS) issued a Final Determination (“Determination”) prohibiting Kaspersky Lab, Inc.—the US subsidiary of the Russia-based antivirus software and cybersecurity company—from directly or indirectly providing antivirus software and cybersecurity products or services in the United States or to US persons.
-
May 8, 2024 | 
mondaq.com | Tamer A. Soliman |Adam Hickey |Timothy J. Keeler |Gretel Morales
On April 24, 2024, President Biden signed into law H.R. 815, the
National Security Supplemental (the "Act").1
While much of the focus centered on the foreign aid package for
Israel, Ukraine, and the Indo-Pacific, the bill contains a highly
consequential provision that extends the statute of limitations
under the International Emergency Economic Powers Act
("IEEPA") and the Trading with the Enemy Act
("TWEA").
