On May 1, 2018, the Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued two amended Ukraine/Russia related General Licenses (“GLs”): GL 12B, “Authori...
On March 28, 2018, the Securities and Exchange Commission (“SEC”) announced settlements with Aegis, Inc. (“Aegis”), a registered broker-dealer, and two of its officers for alleged...
On April 3, 2018, the Financial Crimes Enforcement Network issued 37 Frequently Asked Questions (the “FAQs”) pertaining to the agency’s Customer Due Diligence rule (“CDD Rule”)....
Citing the Russian government’s “range of malign activities around the globe,” on April 6, 2018, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”...
The Trump Administration has officially banned U.S. transactions in Venezuela’s controversial “petro” digital currency. On March 19, 2018, the Trump Administration issued a new Exe...
For the first time in 30 years, Congress may expand the jurisdiction of the Committee on Foreign Investment in the United States (“CFIUS”). In testimony before the Senate Banking Com...
Following on last week’s hearing in which it heard testimony from private sector representatives, the Senate Banking Committee continued its consideration of possible reforms to the U.S...
2018 is shaping up as a potential watershed year for the Committee on Foreign Investment in the United States (“CFIUS” or the “Committee”). Within the first two weeks of the new y...
Despite his long-held stance that it is one of the worst deals ever, today President Trump again executed the necessary waivers to continue the United States’ nuclear sanctions relief t...
