The Department of Commerce (DOC) has issued the final rule implementing the two-year moratorium on anti-dumping or countervailing duties (AD/CVD) for solar panels and cells from Cambodia, Malaysia, Thailand, and Vietnam in accordance with the June 6, 2022, Presidential Proclamation (Declaration of Emergency and Authorization for Temporary Extensions of Time and Duty-Free Importation of Solar Cells and Modules from Southeast Asia; See GT Alert, Biden Uses Emergency Powers to Pause New Solar Import Tariffs—Frequently Asked Questions), which provided for the two year moratorium on those tariffs.
On September 15, 2022, US President Joe Biden signed an Executive Order (EO) aimed at increasing the federal government’s review of foreign investment in US businesses deemed critical to US national security interests.
On 13 September 2022, the United Arab Emirates Ministry of Justice issued a letter, signed and sealed by the Director of the International Cooperation Department, to the Director General of the Dubai Courts which effectively directs the UAE courts to enforce judgments and orders rendered by the English courts (the Directive).
The U.S. State Department’s much anticipated interim final rule reorganizing the International Traffic in Arms Regulations (ITAR) is expected to go into effect September 6, 2022.
The Department of Commerce announced Aug. 23 it is delaying the issuance of the preliminary determination in the Auxin circumvention investigation until Nov. 28, 2022.
Since March 2014, following the fall of the Ukrainian government under Viktor Yanukovych and Russia’s annexation of Crimea, the EU has imposed several restrictive measures against the Russian economy, as well as against specific Russian natural and legal persons.
On July 21, 2022, the Council of the European Union adopted a new, seventh package of measures (Package) primarily intended to tighten existing economic sanctions targeting Russia, perfect their implementation, and strengthen their effectiveness.
On 12 July 2022, the UK’s Office of Financial Sanctions Implementation (OFSI) and various other UK government agencies issued a red alert, in conjunction with the Joint Money Laundering Intelligence Taskforce (JMLIT), setting out various common evasion tactics and techniques the agencies suspect certain persons designated under the UK’s financial sanctions regime use with the help of “UK enablers”.
From 19 July 2022,1 it is a violation of UK financial sanctions for any person who knows or has reasonable cause to suspect that they are carrying out, directly or indirectly, certain investment activity in Russia.
The US Court of Appeals for the Federal Circuit affirmed a decision by a federal district court denying a defendant’s motion for a preliminary injunction seeking to enjoin a parallel International Trade Commission (ITC) investigation against it.
The regulations implementing the CCPA require that a business verify the identity of a consumer that submits a specific-information access request to a “reasonably high degree of certainty.”
The Financial Industry Regulatory Authority (FINRA) in November 2022 released a targeted exam letter pertaining to communications for crypto products and services.
It has been a long and heated debate as to whether NFTs and certain cryptocurrencies can be deemed as securities under applicable laws and precedents.
In a prior post, we wrote about the importance of reviewing the terms governing the sale of an NFT to determine what rights, if any, are included in the sale in order to commercially exploit the asset associated with the NFT, and the confusion that emerges in interpreting such terms through the lens of copyright law.
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