|After the UK Brexit referendum of 23 June the implications on the political, economic and legal relations between the UK and the EU have been discussed from many angles. But what about...|
Export Control Reform Advances
The submission kicks off a 30-day review period, after which the Administration plans to publish a Final Rule in the Federal Register to implement the changes. The control list changes will become effective 180 days after publication of the Final Rule. The Administration will then roll out a series of additional notices throughout 2013 to implement revisions to other USML categories. In a related action, President Obama issued an Executive Order to implement certain administrative measures to facilitate the export control reforms.
The Administration's comprehensive export control initiative will impact nearly all companies engaged in trading controlled U.S.-origin items. Companies will need to review carefully the control list revisions to identify changes in export control status and applicable licensing requirements.
The Department of Energy (DOE) recently published its revised Part 810 Guidance on compliance with the amended Part 810 Regulations on nuclear export controls (10 C.F.R. Part 810). The 2015 ...24 June 2016
FinCEN Designates North Korea as a Jurisdiction of Primary Money Laundering Concern, Triggering Additional Due Diligence Requirements for Financial Institutions
Pursuant to the North Korea Sanctions and Policy Enhancement Act of 2016’s requirement that the Secretary of the Treasury determine whether North Korea is a jurisdiction of...16 June 2016