The U.S. Supreme Court on Jan. 17 unanimously upheld a law requiring China’s ByteDance to sell TikTok or face a ban on the popular social media application in the U.S.
Sen. Tommy Tuberville, R-Ala., and Rep. Warren Davidson, R-Ohio, reintroduced a bill Jan. 15 to repeal the Corporate Transparency Act, which would require many companies to submit information on who owns and controls them.
A bipartisan group of four lawmakers reintroduced a bill Jan. 14 that would rank countries on their efforts to fight corruption, and would direct the State Department to evaluate whether the worst offenders should be subject to sanctions under the Global Magnitsky Human Rights Accountability Act.
Political negotiations on modernizing the EU's "global agreement" with Mexico have concluded, the European Commission said last week. The deal could put in place an "ambitious" framework to expand economic and political cooperation between the two sides, including around the "de-risking" of supply chains and securing a "sustainable supply of critical raw materials," the commission said.
Three notifications involving electronic export manifest for ocean will turn from “informational” messages to “fatal” error messages beginning Jan. 21, CBP said in a CSMS message last week. Code 640 will appear when certain shipper party information is missing, code 641 will signal that certain consignee and ultimate consignee party information are missing, and code 642 will appear if the consignee or ultimate consignee party info country code isn’t provided or isn’t valid. “EEM submissions will be rejected until the message is corrected,” CBP said.
The U.K. on Jan. 17 amended the sanctions listing for Domingo Antonio Hernandez Larez, the commander in chief of the Bolivarian National Armed Forces, under its Venezuelan sanctions regime. The updated listing removed one of his job titles.
The State Department last week rescinded its Cuba Restricted List, the list of entities that were subject to certain financial restrictions because of their ties to the Cuban government. The decision took effect Jan. 16, the agency said in a Federal Register notice.
The U.S. last week sanctioned a group of people and entities under a recently revised executive order that authorizes sanctions against those threatening the sovereignty of the Western Balkans (see 2501080025). The designations target five people and one entity supporting the corruption of Milorad Dodik, the sanctioned president of the Serb Republic, and eight others who organized a “Republika Srpska Day” last year in contravention of the Dayton Peace Agreement, the 1995 accords that put an end to the yearslong Bosnian War.
The Office of Foreign Assets Control last week sanctioned Yin Kecheng, a Shanghai-based hacker, and Sichuan Juxinhe Network Technology Co., LTD., a China-based cybersecurity company, for their roles in cyber attacks against the U.S. OFAC said Yin was involved in the recent reported hacking of the Treasury Department by the Chinese government (see 2501020009) and Juxinhe Network has ties to the Salt Typhoon cyber group, which recently hacked the networks of multiple major U.S. telecommunications and internet service providers.
The U.S. last week sanctioned the Yemen Kuwait Bank for Trade and Investment, a Yemeni bank that it said has given financial support to the Yemen-based Houthis. The Treasury Department said the Houthis, listed by the U.S. as a specially designated global terrorist last year (see 2401170025), use the bank to launder money, transfer funds, and create and finance front companies.