Three congressional Democrats asked the Treasury Department Sept. 18 to provide more information about its recent decision to delay and possibly revise a new anti-money-laundering rule for investment advisers (see 2507240021).
The U.K. last week sanctioned two people based in Georgia, along with companies in Russia and England, for supporting Russia or doing business with the country.
The Office of Foreign Assets Control last week issued a new form that it said will simplify how companies report property that has been unblocked or transferred, "easing the burden on filers and improving OFAC's processing efficiency." It said the form is optional but "strongly encouraged."
Shipping industry officials last week called for a uniform, global set of rules and sanctions to address a rise in shadow fleet vessels, saying those tankers are presenting increasing safety and security risks for the maritime industry.
The European Commission's next sanctions package against Russia will ban imports of Russian liquefied natural gas, designate more shadow fleet vessels, target more Russian banks, introduce new export controls and more, President Ursula von der Leyen announced last week.
U.K. Prime Minister Keir Starmer said he and President Donald Trump discussed how to "decisively increase the pressure" on Russian President Vladimir Putin "to get him to agree to a peace deal."
The State Department, which relies mainly on the Defense Department to identify violations of end-use requirements for U.S. arms transfers, should do more to ensure DOD knows what types of incidents it's interested in, the Government Accountability Office said in a report released Sept. 16.
House Select Committee on China Chairman John Moolenaar, R-Mich., urged the Trump administration Sept. 18 to work with U.S. allies to take several steps, including restricting or prohibiting outbound investment in China’s aviation sector, to pressure Beijing to stop limiting exports of critical minerals.
The House Transportation Committee approved a bill Sept. 17 by voice vote that would reauthorize the Federal Maritime Commission through FY 2029. The legislation would give the agency several new tools to protect ocean shipping, including by establishing a formal process to report complaints about shipping exchanges, which connect shippers with carriers to make agreements or contracts for transporting cargo (see 2506300066).
Recent updates to the U.S. Munitions List (see 2508260011) may be causing error messages for licenses submitted in the State Department’s Defense Export Control and Compliance System, State said this week.