On June 17, 2022, the Department of Homeland Security (DHS) – which serves as the chair of the Forced Labor Enforcement Task Force (FLETF) – released the Strategy to Prevent the Importation of Goods Mined, Produced, or Manufactured with Forced Labor in the People’s Republic of China (UFLPA Strategy) Report. The UFLPA Strategy Report was
Sanctions/Export Highlights [As of June 23, 2022]
New UK Sanctions: The UK announced a new tranche of restrictions on June 22, 2022, which became effective on Thursday, June 23, 2022. As summarized on the UK government’s website, the latest prohibitions include the following:
Export Restrictions
Prohibitions on the export, supply and delivery, making available and transfer (as well as related technical
Sanctions/Export Highlights [As of June 9, 2022]
Sixth Round of EU Sanctions
As previewed in last week’s weekly highlights, the EU published a new round of sanctions on June 3, 2022, which includes a wide range of new restrictions. Key provisions are summarized below.
The EU now prohibits the purchase, import, or transfer of Russian-origin crude oil and certain petroleum products. Although
Sanctions/Export Highlights [As of May 6, 2022]
Russia Sanctions: The UK designated 63 individuals this week, including several war correspondents embedded with Russian forces in Ukraine that work at Channel One, a major state-owned media outlet in Russia. The UK also designated one entity, Evraz PLC, a UK-incorporated holding company of a multinational steel manufacturing and mining company group. Additionally, the
Sanctions/Export Highlights [As of April 28, 2022]
Russia Sanctions: There were limited developments this week. There has been speculation that the EU would release its sixth round of sanctions against Russia, but no updates have been reported thus far. The new package of sanctions is still expected soon. The U.S. and UK also did not expand their list of designations this
Sanctions/Export Highlights [As of April 14, 2022]
Russia Sanctions: The UK and EU each made over 200 additional designations. The EU designated several banks that the US previously had sanctioned, including Bank Otkritie, Novicombank, Sovcombank, and VTB Bank. Both the EU and the UK designated several oligarchs including Alexander Petaykin (associated with Trans Stroy), Evgeny Zubitskiy (Industrial Metallurgical Holding), Grigory Berezkin
CBP Announces Issuance of “Known Importer Letters” to Previous Importers of Goods Subject to Uyghur Forced Labor Prevention Act
Customs and Border Protection (CBP) has announced that it will be issuing known importer letters to importers the agency has identified as having previously imported merchandise that may be subject to the Uyghur Forced Labor Prevention Act (UFLPA). CBP aims to issue these letters in advance of June 21, 2022 – which is when the
Sanctions/Export Highlights [As of April 7, 2022]
Russia Sanctions: Last Friday, the U.S. (BIS) added a number of entities to the Entity List citing their support of the Russian and Belarusian militaries. Over the April 1 weekend, the world began to learn of the atrocities in Bucha. The U.S., UK, and EU have since responded with a number of new sanctions
Biden Administration Considers Imposing Sanctions on Kaspersky Labs
As the U.S. government continues to ratchet up sanctions in response to the Russian invasion of Ukraine, public reporting suggests there may be a new target in the sites of U.S. sanctions authorities: Kaspersky Labs (Kaspersky), the popular Russian cybersecurity and antivirus company. Any sanctions imposed by the Department of Treasury’s Office of Foreign Assets
Sanctions/Export Highlights [As of March 31, 2022]
Russia Sanctions: As the war enters its fifth week, the U.S. and UK continue to expand the restrictions and add to the list of designated individuals and entities. Relative to sanctions and other prohibitions previously announced, there were few developments over the past week, but additional targeted sanctions may be forthcoming should the Russian