Tag Archives: “cyril brennan”

Bureau of Economic Analysis (BEA) Maintains Mandatory Reporting Requirements for Foreign Investment in the United States

The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) maintains mandatory reporting requirements for foreign investment into the United States via its Form BE-13 for most transactions in which a non-U.S. entity (1) acquires an ownership interest in a U.S. entity or real estate; or (2) establishes a new U.S. business enterprise in the … Continue Reading

U.S. Government Suspends Comprehensive Sanctions on Sudan

Effective Jan. 17, 2017, the U.S. government significantly eased restrictions on transactions between U.S. persons and Sudan, against which comprehensive sanctions had previously been in place. Specifically, on Jan. 13, 2017, President Obama issued an Executive Order (EO), “Recognizing Positive Actions by the government of Sudan and Providing for the Revocation of Certain Sudan-Related Sanctions,” … Continue Reading

Iran Deal is Implemented: U.S. and EU Remove Nuclear-Related Sanctions on Iran

Jan. 16, 2016 marked “Implementation Day” of the Iran Joint Comprehensive Plan of Action (JCPOA), as the U.S. initiated the removal of its nuclear-related sanctions against Iran and the EU removed the majority of its existing Iran-related sanctions. The final precondition to Implementation Day was met when the International Atomic Energy Agency (IAEA) issued a … Continue Reading

The Next Modest Wave of Cuba Thaw—U.S. Eases Restrictions on Exports, Export Trade Financing, and Artistic Productions

On Jan. 27, 2016, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) once again amended the existing Cuban Assets Control Regulations (Cuba Sanctions Regulations) to open the door for further U.S. engagement with Cuba. The amendments remove certain restrictions on the financing of exports to Cuba as well as restrictions on … Continue Reading

U.S. and EU Achieve Framework for Deal in Iran Nuclear Talks

On April 2, 2015, the five permanent members of the UN Security Council (China, France, Russia, the United Kingdom, and the United States) plus Germany, the European Union, and Iran came to agreement on a framework for achieving a final deal regarding Iran’s nuclear program. This framework forms the foundation for the Joint Comprehensive Plan … Continue Reading

Cuba to Be Removed from U.S. State Sponsors of Terrorism List

On April 14, 2015, President Obama announced the removal of Cuba from the U.S. list of State Sponsors of Terrorism, a move that will allow the elimination of certain economic sanctions and pave the way for the restoration of diplomatic relations between the United States and Cuba. In this GT Alert, the authors discuss the … Continue Reading
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