Worldwide: Export Controls & Trade & Investment Sanctions

Effective September 2, 2025, the U.S. Department of Commerce, Bureau of Industry and Security (BIS), promulgated a Final Rule easing licensing requirements for certain exports...

On August 29, 2025, the U.S. Department of Justice ("DOJ") and U.S. Department of Homeland Security ("DHS") announced the formation of the cross-agency Trade Fraud Task Force (the "Task Force")...

The U.S. Department of Commerce's Bureau of Industry and Security (BIS) partially relaxed export controls on Syria on August 28, 2025. In contrast to the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC)'s prior lifting of U.S. economic sanctions and financial restrictions on Syria, in which OFAC repealed the entirety of the Syrian Sanctions Regulations...

The Sanctions Update is compiled by Steptoe's International Trade and Regulatory Compliance team and Steptoe's Strategic Risk team.

The Sanctions Update, compiled by attorneys from Steptoe's award-winning International Trade and Regulatory Compliance team and the Stepwise: Risk Outlook editorial team...

Directs the Secretary of State to designate a foreign country as a State Sponsor of Wrongful Detention for wrongfully detaining American citizens in foreign countries...

The United States Department of the Treasury's Office of Foreign Assets Control ("OFAC") issued a final rule, effective August 26, 2025, removing the Syrian Sanctions Regulations...

It has been a busy summer on the enforcement front but the blur of repeated individual announcements can, ironically, mask the scale, breadth and scope of the current level of enforcement activity taking place across Europe.

The U.S. Attorney's Office for the Northern District of California and the Counterintelligence and Export Control Section (CES) of the Department of Justice's (DoJ) National Security Division announced that Cadence Design Systems, Inc. of San Jose, California, agreed to plead guilty to resolve criminal violations of export controls.