The U.K. amended its listing for Autel Robotics Co., Ltd., under the Russia sanctions regime on Dec. 18 to reflect a different address. The company was originally sanctioned in July for making unmanned aerial vehicle systems for the Russian military.
The Office of Foreign Assets Control this week sanctioned three people and four entities in Bosnia and Herzegovina that are part of a sanctioned financial network propping up Milorad Dodik, the designated president of the Serb Republic, which is a political division of Bosnia.
The U.S. this week announced sanctions on entities, ships and one person that are involved in the construction of Russia’s Nord Stream 2 pipeline or that are linked to the project. Each was previously sanctioned under the Protecting Europe’s Energy Security Act, but the State Department said it’s redesignating them under a 2021 Russia-related executive order.
A new general license issued by the Office of Foreign Assets Control this week authorizes transactions with Russia’s Gazprombank if those payments involve certain civil nuclear energy projects.
The U.S. sanctioned two companies and two people that it said are developing and procuring sensitive navigational system parts for the Iranian military, including divisions of the Islamic Revolutionary Guard Corps.
The U.S. probably won't immediately lift a broad range of Russia sanctions when Donald Trump enters the White House next month, the former director of the Office of Foreign Assets Control said this week, despite the president-elect’s campaign promises to end the war between Russia and Ukraine during his first day.
A California musical instrument manufacturer will pay $41,591 to settle allegations that it violated U.S. sanctions against Iran, including by shipping instruments and accessories that it knew were destined for the country, the Office of Foreign Assets Control said.
The Office of Foreign Assets Control fined an unnamed U.S. person $45,179 after OFAC said they violated the agency’s Global Magnitsky Sanctions Regulations.
California-based electronics parts manufacturer and supplier Integra Technologies agreed to pay the Bureau of Industry and Security $3.3 million after admitting to violating U.S. export controls on Russia, telling BIS that it didn’t realize the transistors it was shipping needed an export license.
The outbound investment legislation that lawmakers agreed Dec. 17 to include in a newly unveiled continuing resolution (CR) (see 2412170063) would expand upon the Biden administration’s August 2023 executive order (see 2308090066) by covering more artificial intelligence models and by adding hypersonic and related aerospace technologies.