Rep. Ann Wagner, R-Mo., reintroduced a bill June 25 that would impose property-blocking sanctions on foreign entities and individuals who undermine the 1995 peace agreement that ended the Bosnian War.
The Treasury Department’s Financial Crimes Enforcement Network soon will issue a rule designating three Mexican financial institutions as primary money laundering concerns, which will block U.S. banks, securities brokers and other money services businesses from transmitting certain funds involving those entities.
The U.S. and EU last week organized an export control workshop in Hanoi, Vietnam, to help Vietnam implement trade controls over sensitive items, a State Department spokesperson told Export Compliance Daily. The meetings featured officials from the State Department's Export Control and Related Border Security Program and the EU's Partner-to-Partner Export Control Program, initiatives aimed at helping other nations establish effective controls over weapons and critical technologies. The workshop, held June 18-20, specifically looked to support Vietnam's "licensing of dual-use items," a State Department spokesperson said. Officials from South Korea also attended.
The State Department this week announced new export restrictions against Sudan after determining earlier this year that the Sudanese government used chemical weapons in 2024 and isn't in compliance with the Chemical Weapons Convention (see 2505230007). The agency’s notice, effective June 27, establishes new prohibitions but also waives some of the new export restrictions for Sudan under certain scenarios. The measures will be in place for at least one year “and until further notice.”
The U.S. should quickly move forward with new secondary sanctions against supporters of Russia, government leaders and think tank officials said this week, and they urged the EU to do more to hold Beijing accountable for helping Russia evade sanctions.
The Singapore Exchange has recently asked entities listed on the exchange about their exposure to sanctions and export control risks, stressing that "inadequate compliance could lead to trading suspensions," Hogan Lovells said in a client alert this month.
The U.S. and law firm Husch Blackwell again swapped briefs June 13 in the firm’s Freedom of Information Act dispute. Husch Blackwell said the government, which provided a list of more than 100 disclosed and undisclosed documents related to the firm’s FOIA request regarding an Entity List listing when it filed for summary judgment (see 2505300055), still wasn’t making clear which documents were actually responsive to the request (Husch Blackwell v. Department of Commerce, D.D.C. # 1:24-02733).
Paulo Figueiredo, a Brazilian journalist living in Florida, urged the U.S. June 24 to impose Global Magnitsky Act sanctions on Brazilian judge and “de facto dictator” Alexandre de Moraes for persecuting political opponents and journalists.
The intergovernmental Financial Action Task Force recently updated its list of jurisdictions with “deficiencies” in combating terrorism financing, weapons proliferation and other sanctions-related issues, the Financial Crimes Enforcement Network said June 23. FATF added the British Virgin Islands and Bolivia to its list of "Jurisdictions Under Increased Monitoring" and removed Croatia, Mali and Tanzania from that list. FATF’s list of "High-Risk Jurisdictions Subject to a Call for Action" remains the same, with Iran, North Korea and Myanmar.
Chinese purchases of Iranian oil will continue to be subject to U.S. sanctions despite President Donald Trump saying June 24 that China can now buy Iranian oil (see 2506240049), a senior White House official said.