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Jan 18, 2025 | 
sanctionsnews.bakermckenzie.com | Vivian Tse
On January 2, 2025, the US Commerce Department’s Bureau of Industry and Security (“BIS”) published an advance notice of proposed rulemaking (“ANPRM“) seeking public comments to inform the potential development of a rule to safeguard the information and communications technology and services (“ICTS”) supply chain for unmanned aircraft systems (“UAS”), pursuant to the authority of Executive Order 13873.
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Nov 27, 2024 | 
sanctionsnews.bakermckenzie.com | Lise S. Test |Vivian Tse |Rob O'Brien |Kerry Contini
On November 21, 2024, the US Department of the Treasury‚Äôs Office of Foreign Assets Control (‚ÄúOFAC‚ÄĚ) designated dozens of Russian banks, including Gazprombank and other Russian banks, securities registrars, and finance officials, to the List of Specially Designated Nationals and Blocked Persons (‚ÄúSDN List‚ÄĚ).
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Nov 27, 2024 | 
sanctionsnews.bakermckenzie.com | Lise S. Test |Vivian Tse
On November 21, 2024, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) designated dozens of Russian banks, including Gazprombank and other Russian banks, securities registrars, and finance officials, to the List of Specially Designated Nationals and Blocked Persons (“SDN List”).
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Nov 6, 2024 | 
sanctionsnews.bakermckenzie.com | John McKenzie |John mcKenzie |Daniel Andreeff |Michael Amberg |Vivian Tse
Our annualĀ Global Year-End Review of Import/Export & Trade Compliance Developments Conference is just one week away! If you haven’t registered yet, this is your final chance to sign up and secure your spot. Ā We are holding this conference in a split-hybrid format, with an in-person event in Santa Clara, CA, on November 12 and virtual panels on November 19-21.
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Oct 14, 2024 | 
sanctionsnews.bakermckenzie.com | Eunkyung Shin |Michael Amberg |Vivian Tse
On 24 September 2024, the G7 Sub-Working Group on Export Control Enforcement, which comprises representatives from the United States, Canada, France, Germany, Italy, Japan, the United Kingdom, and the European Union (the “G7”), published the first-ever joint guidance for industry on preventing evasion of export control and sanctions imposed on Russia (“Joint Guidance”).
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Aug 15, 2024 | 
sanctionsnews.bakermckenzie.com | Sylwia A. Lis |Alexandre Lamy |Vivian Tse
On July 29, 2024, the US Department of State’s Directorate of Defense Trade Controls (“DDTC”) issued a proposed rule (“Proposed Rule”) that would revise the definition of “defense service” and the scope of related controls in the International Traffic in Arms Regulations (“ITAR”).
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May 13, 2024 | 
sanctionsnews.bakermckenzie.com | Kerry Contini |Lise S. Test |Vivian Tse
On May 10, 2024, the US Department of the Treasury’s Office of Foreign Assets Controls (“OFAC”) issued an interim final rule (“IFR”), effective on August 8, 2024, amending the Reporting, Procedures and Penalties Regulations under 31 CFR 510 (the “Regulations”). The IFR includes revisions and clarifications to certain procedures and reporting requirements related to certain OFAC submissions, including reports of blocked property and rejected transactions.
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May 13, 2024 | 
lexology.com | Kerry Contini |Lise S. Test |Vivian Tse
On May 10, 2024, the US Department of the Treasury’s Office of Foreign Assets Controls (“OFAC”) issued an interim final rule (“IFR”), effective on August 8, 2024, amending the Reporting, Procedures and Penalties Regulations under 31 CFR 510 (the “Regulations”). The IFR includes revisions and clarifications to certain procedures and reporting requirements related to certain OFAC submissions, including reports of blocked property and rejected transactions.
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Mar 27, 2024 | 
sanctionsnews.bakermckenzie.com | Sylwia A. Lis |Alexandre Lamy |Vivian Tse
On March 21, 2024, the US Commerce Department’s Bureau of Industry and Security (“BIS”) published a (“Final Rule”) revising and expanding the end-user controls under Part 744 of the Export Administration Regulations (“EAR”).
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Mar 27, 2024 | 
lexology.com | Sylwia A. Lis |Alexandre Lamy |Vivian Tse
On March 21, 2024, the US Commerce Department’s Bureau of Industry and Security (“BIS”) published a (“Final Rule”) revising and expanding the end-user controls under Part 744 of the Export Administration Regulations (“EAR”).
