OFAC and the U.S. State Department significantly broadened sanctions targeting Russia’s energy sector by imposing blocking sanctions on two major oil producers and hundreds of other ind...
Reversing an order issued earlier this week, the Fifth Circuit reinstated the nationwide injunction on enforcement of the Corporate Transparency Act, placing reporting requirements back o...
The Fifth Circuit granted a stay of the nationwide injunction that paused reporting requirements under the Corporate Transparency Act. As a result, reporting companies are once again requ...
The final rule continues CFIUS’s emphasis on enforcement by expanding its ability to require information production and significantly increasing maximum penalties.
The Treasury Department has released a final rule, effective January 2, 2025, that will impose extensive diligence requirements and, in some cases, prohibitions on U.S. investment in Chin...
On 10 October 2024, the Trade, Aircraft and Shipping Sanctions (Civil Enforcement) Regulations 2024 came into effect in the UK. The regulations provide the newly created Office for Trade ...
The Commerce Department’s Bureau of Industry and Security released new guidance that, although new regulations have not been adopted, implies a significant expansion of U.S. export cont...
FinCEN finalized a rule that targets illicit finance in the real estate sector and imposes new reporting requirements with respect to certain non-financed residential real estate transact...
Davis Polk partner Dan Stipano and associates Kendall Howell and Charles Marshall Wilson authored “Anti-money laundering: Countering the financing of terrorism” in the September 2024/...
