Monday, June 7th
- The U.S. Secretary of State announced a policy which imposed travel bans on individuals who are believed to be responsible for, or complicit in, undermining the peaceful resolution of the crisis in the Anglophone regions of Cameroon. (Here)
Tuesday, June 8th - President Biden issued a new Executive Order which expanded the scope of sanctions against those who destabilize the Wester Balkans region. The new Executive Order added seven grounds for designations. The new sanctions impose financial sanctions and travel bans on those who will be designated under this authority. (Here) (Department of State press release)
Wednesday, June 9th
- The Bureau of Industry and Security issued a final rule on the Federal Register and amended the Export Administration Regulations to reflect the formal termination by the United Arab Emirates of its participation in the Arab League Boycott of Israel. Following this amendment, certain requests for information, action or agreement from the UAE that were presumed to be boycott-related prior to August 16, 2020 would not be presumed to be boycott-related if issued after August 16, 2020, and thus would not be subject to the prohibitions or reporting requirements of part 760 of the EAR. (Here)
Thursday, June 10th
- OFAC added seven individuals, four entities, and one vessel to the SDN list pursuant to the Global Anti-Terrorism Program of the OFAC. Concurrently, OFAC deleted fifteen entries from the SDN list and amended two. (Here, the Treasury press release, Department of State press release) Some of the name removals were related to Iran's oil industry, which in turn, caused some speculations regarding the potential relation of this move and the ongoing JCPOA revival talks. (Here) However, the Department of State Spokesperson later mentioned that those removals were a result of a verified change in behavior or status on the part of the sanctioned parties. (Here)
- The Council of EU reacted to the developments in Nicaragua by threatening to sanction those responsible for the situation. (Here)
Friday, June 11th
- Six individuals came off the France list of sanctions as their six-month designation period expired.
- Regulation (EU) 2021/821 of the European Parliament and of the Council of 20 May 2021 setting up a Union regime for the control of exports, brokering, technical assistance, transit and transfer of dual-use items (recast) was published on the Official Journal of EU. (Here) To find out more about the new regulations, see this Client Alert prepared by Akin Gump.
Recommendations of the week
- This week President Biden issued a new Executive Order Protecting Americans’ Sensitive Data from Foreign Adversaries. At the same time the White House issued a relevant fact sheet. You can find them here and here respectively.
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