On June 31, Congress, led by House Financial Services Committee Chairman Jeb Hensarling (R-TX), allowed the authorization of the U.S. Export-Import bank to expire without any vote. As previously reported, the future of the Ex-Im Bank has been at risk since Tea Party Republicans, especially members of the House Republican…
Companies wishing to take advantage of the efficiencies of cloud computing face a dilemma—how to do so without running afoul of export controls? In a recent client alert, authors Christopher Wall and Sanjay Mullick examine how newly proposed regulations from the Directorate of Defense Trade Control (DDTC) and the Bureau…
As previously reported, the Obama Administration is actively continuing its rapprochement with Cuba, most recently removing Cuba from the list of state sponsors of terrorism. However, despite this consistent push from the Administration and the strong interest of the U.S. business community to enter the Cuba market as quickly as…
The leaders of the G7 met for two days of discussions in Elmau, Southern Germany on 7 and 8 June 2015. High on the agenda was the issue of Russian targeted EU and US sanctions over Moscow’s role in support of Ukrainian rebels. Russia has already been excluded from what…
Companies legitimately employing tools to test how vulnerable their computers and networks may be to cyber-attacks should take note of strict new export controls that may be on the horizon. Specifically, on May 20, 2015, the Commerce Department Bureau of Industry and Security (BIS) proposed to establish controls on the…
U.S., EU and other sanctions and export control regimes continue to target the Russian defense and energy sectors, restricting access to both military and dual use items. This creates demand pressure on the Russia side and as a result potential added compliance risk for exporters. Companies often ask “what are…
Congress is currently fiercely debating whether to grant the President fast track trade authority, allowing to him to finalize free trade agreements with the EU and a dozen Pacific Rim trading partners. While this debate caused President Obama to join with Republicans to overcome the objections of trade-skeptic Democrats, the…