The U.K. corrected or amended one entry each under its sanctions regimes covering Russia, ISIL (Da'esh) and Al-Qaida, the Democratic Republic of the Congo and the Central African Republic. The Office of Financial Sanctions Implementation updated the listings for Ilya Borisovich Brodskiy, 'Abd Al-Rahman Muhammad Mustafa Al-Qaduli, Willy Ngoma and Konstantin Aleksendrovitch Pikalov, respectively.
The EU announced its 13th sanctions package on Russia last week to mark two years since Russia invaded Ukraine, imposing designations against another 194 people and companies while expanding the list of advanced technology items that Russia is seeking for its defense and technology sectors.
DOJ last week announced a guilty plea and indictments as part of a scheme by Russians to illegally use U.S.-based companies to transfer and launder money.
Alexis Early, former partner at King & Spalding, has joined Jenner & Block as a partner in the Washington-based national security and crisis practice. Early's practice focuses on sanctions, trade and export controls, anti-money laundering, the Committee on Foreign Investment in the United States and more, the firm said.
Haiti formally accepted the agreement on fisheries subsidies Feb. 21, the World Trade Organization announced. Sixty-one member countries have now accepted the deal, which is 55% of the way to the two-thirds threshold of members needed for the agreement to enter into force at the WTO.
The U.K. added 50 entries to its Russia sanctions regime and two entries to its Belarus regime, the Office of Financial Sanctions Implementation announced in a pair of notices this week.
Anden Chow, former assistant U.S. Attorney for the Southern District of New York, has joined litigation boutique MoloLamken as a partner in New York, the firm announced. Chow worked as an assistant U.S. Attorney for a decade, most recently working on prosecutions into "international financial crime," including "sanctions evasion, asset forfeiture, money laundering, cryptocurrency-related fraud, and Foreign Corrupt Practices Act violations," the firm said.
Morocco launched a safeguard investigation on coated fiberboard on Feb. 20, it told the World Trade Organization's Committee on Safeguards, the WTO announced. Morocco said interested parties have 30 days from the start of the investigation to comment on the proceeding.
A World Trade Organization dispute panel on Feb. 20 found a U.S. attempt to revisit part of its countervailing duty laws as they pertain to subsidies on agricultural products violated the nation's WTO commitments. The panel said the U.S. failed to implement the findings of a previous dispute panel ruling, which said these same laws cut against the General Agreement on Tariffs and Trade in relation to a subsidy finding on ripe olives from Spain.
The U.K. added a frequently asked question to its Russia sanctions guidance to clarify when certain sanctioned U.K. parties must report to the Office of Financial Sanctions Implementation on changes in their financial circumstances under regulation 70A (5). New FAQ 56 says a party must report to OFSI when "the value of your funds or economic resources, when taken together, has changed" by more than 10,000 pounds ($12,620) since its most recent report to OFSI. Changes also must be reported "if there has been a change to the nature or location of funds or economic resources where those funds or economic resources exceeds" $12,620. This also applies where multiple funds of the same type total more than $12,620.