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Our Take on International Trade

U.S. Treasury Renews Russia-related General License Authorizing Transactions Related to Energy

14 May, 2024

U.S. Treasury Renews Russia-related General License Authorizing Transactions Related to Energy

By Cullen Richardson

The U.S. Treasury Department's Office of Foreign Assets Control issued General License 8I on April 29, 2024, thereby extending the...

Bipartisan Coalition of House Lawmakers Introduces Legislation to Give Commerce Department Authority to Impose Export Controls on Advanced AI Systems

14 May, 2024

Bipartisan Coalition of House Lawmakers Introduces Legislation to Give Commerce Department Authority to Impose Export Controls on Advanced AI Systems

By Alexander Reinert

On May 8, 2024, a bipartisan coalition of House lawmakers introduced the Enhancing National Frameworks for Overseas Restriction of...

United States Closely Coordinates with International Partners to Sanction Senior Leader of the LockBit Ransomware Group

10 May, 2024

United States Closely Coordinates with International Partners to Sanction Senior Leader of the LockBit Ransomware Group

By Joyce Adetutu

The U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC") continues to highlight its coordination with other U.S....