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EU designates eleven individuals and four entities under Global Human Rights Sanctions Regime

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On 22 March 2021, the EU imposed restrictive measures on eleven individuals and four entities in relation to alleged human rights violations, including: four individuals and one company with links to the large-scale arbitrary detentions of Uyghurs in Xinjiang;two individuals and one company in the DPRK, responsible for implementing repressive security policies and other human rights violations;two officials in Libya and the armed Libyan militia, responsible for serious human rights abuses including extrajudicial killings;two Russian individuals involved in violations of LGBTI…

US – Commerce publishes interim final rule on Securing the Information and Communications Technology and Services Supply Chain; Comments due March 22, 2021

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On January 19, 2021, the Commerce Department published an interim final rule to implement President Trump’s 2019 Executive Order 13873 on “Securing the Information and Communications Technology and Services Supply Chain” (“Interim Rule”). The Interim Rule was issued following the closure of the public comment period on January 10, 2021 on the proposed rules issued on November 27, 2019 (“Proposed Rules”) to implement Executive Order 13873. For more information on Executive Order 13873 and the Proposed Rules, please see our blog…

US – OFAC amends WMD Proliferators Sanctions Regulations and Iranian Transactions and Sanctions Regulations

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On October 1, 2020, the Office of Foreign Assets Control (OFAC), Treasury, published in the Federal Register a final rule amending the Weapons of Mass Destruction Proliferators Sanctions Regulations (WMD Regulations; 31 CFR part 544) to update a note to describe how persons designated pursuant to the WMD Regulations for North Korea-related activities are identified on OFAC’s Specially Designated Nationals and Blocked Persons List (SDN List). Specifically, OFAC is amending the note to explain that…

US Government issues North Korea Ballistic Missile Procurement Advisory

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On September 1, 2020, the US Department of State’s Bureau of International Security and Nonproliferation, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), and the US Department of Commerce’s Bureau of Industry and Security issued a joint advisory on North Korea’s ballistic missile procurement activities (“Advisory”). The Advisory, among other things, identifies key participants of North Korea’s ballistic missile procurement and their deceptive tactics and key items, including materials and equipment, used…

US Government issues updated guidance regarding shipping practices used to evade sanctions, with a focus on North Korea, Iran, and Syria

By 2 Mins Read

On May 14, 2020, the US Department of State, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC), and the US Coast Guard issued guidance to the private sector aimed at preventing deceptive shipping practices used in sanctions evasion, smuggling, facilitation of terrorism, and other criminal activity (the “Advisory”). The Advisory focuses on tactics recently used by malign actors to evade sanctions and sets out a non-exhaustive list of best practices companies may wish…

US – State imposes nonproliferation measures against foreign persons, including a ban on US government procurement

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On February 14, 2020, the Department of State published in the Federal Register a notice [Public Notice: 11034] that measures imposed pursuant to Section 3 of the Iran, North Korea, and Syria Nonproliferation Act (the Act) described in this notice against 13 persons went into effect February 3, 2020. A determination has been made that a number of foreign persons have engaged in activities that warrant the imposition of measures pursuant to Section 3 of…

US – Treasury issues report including finding that China is not a currency manipulator

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On January 13, 2020, the US Department of the Treasury announced that it had delivered to Congress the semiannual Report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States. In this Report, Treasury reviewed and assessed the policies of 20 major US trading partners. Treasury also assessed developments over the last several months with China and its currency practices. The announcement said: The Report concluded that while the currency practices…

US – DoD prohibits acquisition of certain magnets and tungsten

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On April 30, 2019, the Department of Defense, Defense Acquisition Regulations System, published in the Federal Register an interim rule [Docket DARS-2019-0016] amending the Defense Federal Acquisition Regulation Supplement (DFARS) to implement a section of the National Defense Authorization Act for Fiscal Year 2019 that prohibits acquisition of certain magnets and tungsten from North Korea, China, Russia, and Iran.