Export Compliance Daily is providing readers with the top stories from last week, in case you missed them. You can find any article by searching for the title or clicking on the hyperlinked reference number.
The lead sponsor in the House on a Russia sanctions and secondary sanctions bill said that negotiations are still ongoing between the two chambers on the final language of the bill.
The Office of Foreign Assets Control and Chicago-based private equity firm IPI Partners reached a nearly $11.5 million settlement to resolve accusations that the firm violated sanctions against Russia through its business dealings involving a designated Russian oligarch.
A proposal to require U.S. manufacturers of advanced AI chips to make their products available to American firms before selling them to China is unlikely to make it into the final FY 2026 National Defense Authorization Act (NDAA), but it could advance later as stand-alone legislation, a key lawmaker said Dec. 2.
European Parliament members urged the EU last week to impose new sanctions on Tanzanian authorities for violence against protesters and on Iranian officials for the "systemic suppression and escalating persecution" of Iran’s Baha’i community.
The U.K. in September reached a 620,000 pound (about $820,000) settlement with a British exporter for illegal exports of military goods, the country’s Export Control Joint Unit said Dec. 1. The agency didn’t release more information. ECJU said it offers settlements in cases where the breach was inadvertent or “due to weaknesses in internal controls,” or where the exporter voluntarily disclosed the violation.
The Trump administration intends to address sanctions in a plan it is preparing to counter violence against Christians in Nigeria, a State Department official told the House Foreign Affairs Subcommittee on Africa Nov. 20.
Rep. Veronica Escobar, D-Texas, reintroduced a bill Nov. 20 that would authorize the president to sanction foreign individuals and companies that are most responsible for exacerbating climate change and deforestation.
The U.K. on Nov. 28 amended the entry under its Russia sanctions list for Sergey Vladimirovich Mikhailov. The Office of Financial Sanctions Implementation changed the listing to say that he's sanctioned due to his former role as director general of the state-affiliated TASS news agency.
The U.K. issued a new general license under its Russia sanctions list, allowing non-sanctioned individuals or entities to continue business operations with Lukoil International, the international business arm of major Russian energy firm Lukoil, and its related subsidiaries. The license runs from Nov. 27 to Feb. 26. Under the license, non-sanctioned parties may make payments to or receive payments from Lukoil and its subsidiaries under any existing or new obligations or contracts, and provide or receive economic resources from Lukoil.