On September 29, the Department of Commerce, Bureau of Industry and Security (BIS) published the public inspection copy of an Interim Final Rule (IFR)| Global Trade Law Blog
The BIS Affiliate Rule now extends restrictions to entities 50% or more owned by listed parties, creating major new compliance challenges for exporters. Learn what this means for your business. Read More...| Export Solutions, Inc.
The pace of U.S. regulatory changes regarding Syria continues to increase. Building on our previous posts (“Syria-ous Changes for Middle East Business?”| Global Trade Law Blog
On August 26, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) published a final rule removing the Syrian Sanctions Regulations (31 CFR Part 542) from the Code of Federal Regulations (“OFAC Final Rule”). This action follows the issuance of Executive Order (“EO”) 14312 on June 30, 2025, which terminated the [...] The post OFAC and BIS Issue Final Rules Removing Syria Sanctions Regulations and Relaxing Export Controls for Syria appeared first o...| Global Sanctions and Export Controls Blog
On August 25, 2025, the US Department of Defense (“DoD”) issued a Final Rule amending the Defense Federal Acquisition Regulation Supplement (“DFARS”) to prohibit DoD contracting officers from awarding certain consulting services contracts to contractors where they or their subsidiaries or affiliates hold contracts and subcontracts that involve providing “consulting services” to “covered foreign entities” [...] The post New DoD Rule Targets Consulting Services Contractors that ...| Global Sanctions and Export Controls Blog
Major penalties highlight compliance risks. Read more...| Export Solutions, Inc.
The Office of Foreign Assets Control today announced it is transitioning its licensing hotline to a new online platform. The| ABA Banking Journal
In a significant shift in international policy, the United States, European Union, and United Kingdom have each taken steps to ease sanctions on Syria, aiming to support the country’s reconstruction and political transition following the fall of the Assad regime. United States Actions On May 23, 2025, the U.S. Department of the Treasury’s Office of... Continue Reading| Global Trade Law Blog
The US Treasury’s OFAC imposed sanctions on 21 Venezuelan officials in the latest wave of measures, which Caracas labeled a "desperate act."| Venezuelanalysis
The Office of Foreign Assets Control released guidance this week announcing plans to issue an interim final rule to extend| ABA Banking Journal
The Financial Crimes Enforcement Network, together with the Office of Foreign Assets Control and the FBI, today issued a notice| ABA Banking Journal
