🚫OFAC Sanctions
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Learn More📦Impact of New Entity List Additions on U.S. Export Regulations
In this final rule, the Bureau of Industry and Security (BIS) amends the Export Administration Regulations (EAR) by adding 70 entities to the Entity List, under the destinations of China, People's Republic of (China) (42); Iran (2); Pakistan (19); South Africa (3); and the United Arab Emirates (UAE) (4). These entities have been determined by the U.S. Government to be acting contrary to the national security or foreign policy interests of the United States. This final rule also modifies four existing entries on the Entity List, consisting of revisions to one entry under France, one entry under Iran, one entry under Senegal, and one entry under the United Kingdom.
Learn More🚫New Entity List Additions Affecting U.S. Export Regulations
In this rule, the Bureau of Industry and Security (BIS) amends the Export Administration Regulations (EAR) by adding 12 entities to the Entity List, under the destinations of China, People's Republic of (China) (11) and Taiwan (1). These entities have been determined by the U.S. Government to be acting contrary to the national security or foreign policy interests of the United States.
Learn More📄Update on Beneficial Ownership Reporting Requirements and Exemptions
FinCEN is adopting this interim final rule to narrow the existing beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA) to require only entities previously defined as "foreign reporting companies" to report BOI. Under this interim final rule, entities previously defined as "domestic reporting companies" are exempted from the reporting requirements and do not have to report BOI to FinCEN, or update or correct BOI previously reported to FinCEN. With limited exceptions, the interim final rule does not change the existing requirement for foreign reporting companies to file BOI reports, but it extends the deadline to file initial BOI reports, and to update or correct previously filed BOI reports, to 30 days from the date of this publication to give foreign reporting companies additional time to comply. However, the interim final rule exempts foreign reporting companies from having to report the BOI of any U.S. persons who are beneficial owners of the foreign reporting company and exempts U.S. persons from having to provide such information to any foreign reporting company for which they are a beneficial owner. FinCEN is accepting comments on this interim final rule. FinCEN will assess the exemptions, as appropriate, in light of those comments and intends to issue a final rule this year.
Learn More🚨Proclamation on Alien Enemies Act Regarding Tren de Aragua
The proclamation invokes the Alien Enemies Act to address the threats posed by Tren de Aragua, a foreign terrorist organization. It outlines actions for apprehension and removal of members identified as alien enemies, emphasizing national security concerns and the need for collaboration among law enforcement agencies. The directive also establishes regulations for the immediate detention and removal of individuals implicated in terrorism against the United States.
Learn More🚫Foreign Terrorist Organization Designation of Ansarallah by State Department
The Department of State has designated Ansarallah as a Foreign Terrorist Organization, citing sufficient factual basis per the Immigration and Nationality Act. This designation, effective upon publication, includes various aliases of the group, which may affect entities engaging with these organizations or their territories.
Learn More🚫Specially Designated Global Terrorist Designations and Their Impact
The Department of State has designated Tren de Aragua, Mara Salvatrucha, and several cartels as specially designated global terrorists under Executive Order 13224. This determination indicates their involvement in terrorism, posing risks to U.S. national security and the economy. The notice emphasizes that prior notification is not required for affected parties in the U.S., thus enabling immediate action against these entities.
Learn More⚓️Executive Order 14175 Designates Ansar Allah a Terrorist Organization
Executive Order 14175 initiates the process to designate Ansar Allah, also known as the Houthis, as a Foreign Terrorist Organization. The order outlines the U.S. government’s strategy to counter this group's threats to American personnel and global maritime trade, particularly in the Red Sea, and highlights the urgent need for collaborative regional efforts.
Learn More🚨Executive Order Targets Cartels as Foreign Terrorist Organizations
Executive Order 14157 establishes a process for designating international cartels and other organizations as Foreign Terrorist Organizations, recognizing their threat to U.S. national security and economy. The order mandates operational preparations to eliminate these entities’ influence and outlines a national emergency response to safeguard the safety and territorial integrity of the United States.
Learn More💼Proposed Updates to Terrorism Victim Expense Reimbursement Program
The Office for Victims of Crime ("OVC") of the U.S. Department of Justice's Office of Justice Programs ("OJP"), proposes this rule to amend the program regulations for the International Terrorism Victim Expense Reimbursement Program ("ITVERP"), to streamline program operation, more expressly reflect certain policy and procedures adopted by OVC since it began administering the program in 2006, and to adjust cost category caps.
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