After a tumultuous and historic week, Brian and Tim gather themselves to discuss the U.S. (and global) response to Russia’s invasion of Ukraine. They start by diving in to the broad, coordinated economic sanctions aimed at debilitating Russia’s financial sector and Putin’s inner circle, debate how well the new measures will work, and contemplate what could be coming next. They next turn to the significant expansion of export controls implicating Russia and discuss the likely impact. Finally, in the Lightning Round, Brian and Tim bid farewell to DOJ’s China Initiative and read between the lines to decipher DOJ’s ongoing priorities.
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EMBARGOED! is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts.
***Stay sanctions free.***
Tag: China
Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. This week, Matt and Tom take a somewhat somber view on the Russia invasion of Ukraine. Some of the issues we consider:
- Discussion of sanctions.
- What do sanctions mean for US, UK and EU countries?
- How companies should think about doing business in Russia going forward.
- What about energy production and consumption?
- US company employees in Ukraine and Russia.
- The role of China in a potential resolution.
Resources
Tom in the FCPA Compliance and Ethics Blog
Matt in Radical Compliance
In today’s edition of Daily Compliance News:
• FED rolls out stock trading restriction policy. (NYT)
• Banks used to fight Ottawa rogue truckers. (WSJ)
• China objects to Chinese e-commerce company designation. (Reuters)
• Crumbling and dissolving Hawaii ABC unit. (Honolulu Civil Beat)
Brian and Tim discuss the new E.O. aimed at resolving the question of what to do with Da Afghanistan Bank’s assets in the U.S. and debate whether it will work as intended. Next, they place bets on whether it’s too late for JCPOA 2.0 to happen and discuss how far the U.S. may be prepared to go to impose costs on China if it disregards the (possible) “crushing” sanctions that could be imposed upon Russia. Finally, Brian and Tim stick with China to briefly cover the recently unsealed trade secret theft charges against Hytera Communications and an atypical CFIUS review initiated by a U.S. company unhappy with its Chinese investors.
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Questions? Contact us at podcasts@milchev.com.
EMBARGOED! is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts.
***Stay sanctions free.***
Categories
BIS Update to Unverified List
Commerce Department’s BIS issues revisions to the Unverified List; adds 33 Chinese entities.
This week on EMBARGOED!, Brian and Tim cover three of their favorite topics: Russia, Iran, and China. First, they discuss the latest U.S. threat to deploy Huawei-style foreign direct product rule restrictions on exports to Russia. Next, they consider whether it is truly now or never for JCPOA 2.0 and, then, contemplate the future of DOJ’s China Initiative in the wake of a high-profile dismissal. Finally, in the Lightning Round, Brian and Tim go below deck to provide some perspective on recent developments in a Helms-Burton lawsuit targeting major players in the cruise industry and share some quick thoughts on the new U.S. government advisory regarding Burma (Myanmar).
Subscribe * Apple Podcasts * Spotify * Amazon Music * Google Podcasts * Stitcher
Questions? Contact us at podcasts@milchev.com.
EMBARGOED! is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts.
***Stay sanctions free.***
Categories
Update on China Issues
Export restrictions; sanctions on 3 PRC companies – missile proliferation activities.
In today’s edition of Daily Compliance News:
- Fraud in licensing. (Bloomberg)
- SPACs sinking. (WSJ)
- The humble resume is still critical? (NYT)
- No mercy corruption crackdown in China. (YaHoo!News)
Brian and Tim give thanks for having no shortage of China topics to cover (ever), which include BIS’s new interim final rule establishing controls on certain items that can be used for malicious cyber activities, authorized (and possibly unauthorized) exports to Huawei, the FCC’s revocation and termination of China Telecom Americas’ license, and a brief Lightning Round discussion of the latest on Taiwan. In the middle of all that China content, Brian and Tim also discuss the possible implications of a recent FSIA ruling in the Halkbank case.
Subscribe * Apple Podcasts * Spotify * Amazon Music * Google Podcasts * Stitcher
Questions? Contact us at podcasts@milchev.com.
EMBARGOED! is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts.
***Stay sanctions free.***
